Colombia's Public External Debt Reached US$157 Billion, Surpassing 34% of GDP
The Bank of the Republic revealed that Colombia's external debt stood at 55% of the Gross Domestic Product (GDP) in February 2026, equivalent to US...
Colombia’s Public External Debt Reached US$157 Billion, Surpassing 34% of GDP Colombia’s external debt fell to 55% of GDP (US$252 billion) in February 2026, a decrease from January and significantly lower than the previous year. The public sector’s external debt increased to 34.3% of GDP (US$157 billion), while the private sector’s debt decreased to 20.7% of GDP (US$95 billion). The nation is actively reducing its exposure to the US dollar by shifting towards euros and Swiss francs to mitigate international shocks and currency volatility.
- Colombia’s external debt was 55% of GDP (US$252.168 million) in February 2026.
- This represents a slight decrease from January 2026 and a significant drop from February 2025 (59.3% of GDP).
- Public sector external debt reached 34.3% of GDP (US$157.130 million), an increase from the previous year.
- Private sector external debt was 20.7% of GDP (US$95.038 million).
- Colombia is diversifying its debt away from the US dollar towards currencies like the euro and Swiss franc.
- Increased external debt can limit fiscal spending on essential sectors and pressure the value of the dollar, affecting imported goods prices. https://www.elcolombiano.com/negocios/deuda-externa-en-colombia-NF36449958
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