Colombia’s GDP would have fallen by 4.3% in the fourth quarter of 2020: Bancolombia

According to the most recent report from Bancolombia’s NowCast Index, Colombia’s productive activity in the fourth quarter would have fallen 4.3%, against a 3.3% growth in the same quarter of 2019. With these results, the estimated change in productive activity in 2020 is -7%, a less pronounced contraction than expected in Bancolombia’s baseline scenario of -7.5%.

Source: Dinero