GDP grows 1.1% in the first quarter, breaking the negative trend of 2020

Colombia’s gross domestic product (GDP) grew 1.1% in the first three months of 2021, which contrasts with the worst moments of the pandemic, when the economy contracted 15.7% in the second quarter of 2020 and 8.6% in the third quarter. This performance was explained by a significant boost from manufacturing, public administration, defence, health, education and agriculture, sectors that contributed 1.6 percentage points to GDP output in the first quarter.

Source: Portafolio