FX.co ★ Colombia GDP Growth Misses Expectations in Q2

Colombia experienced a GDP growth of 2.1% in the second quarter of 2025, compared to the same period the previous year. This figure marks a slowdown from the previous quarter's 2.7% growth—the fastest increase in two years—and falls short of the anticipated 2.6% rise. The growth was primarily fueled by a 5.6% surge in sectors such as wholesale and retail, transport, and accommodation and food services. Additionally, agriculture saw a 3.8% increase, while public administration and related services grew by 1.8%. However, this overall expansion was tempered by a significant 10.2% contraction in the mining and quarrying industries. On a seasonally adjusted basis, the country's economy grew by 0.5% from the previous quarter. Despite the quarterly increase, Colombia's economy remains sensitive to external influences, particularly demand from the United States and broader global trade dynamics.