Colombia’s GDP to grow 5.5% in 2021, BBVA

According to the latest BBVA economic research report, the Colombian economy is expected to grow by 5.5% in 2021 and 4.8% in 2022. This result is higher than the latest BBVA’s January forecast, where the forecast was 4.8% in 2021 and 3.8% in 2022. According to the bank, the economic recovery of the US and higher oil prices will help the Colombian economy to reach higher growth rates.

Source: Portafolio