Markets · Colombia
Key Facts
—Record January Issuance Colombia executed its largest-ever global bond sale in January 2026, raising approximately US$4.95 billion.
—20-Year High The 2026 external issuance is roughly three times the 20-year average of US$3.16 billion, marking the highest reliance on foreign debt since 2006.
—Deficit Outlook Think-tank ANIF projects Colombia’s fiscal deficit will widen from 6.2% of GDP in 2025 to approximately 7% in 2026.







