Economic policy uncertainty index stands at 252 points in March

Fedesarrollo reported that its Economic Policy Uncertainty Index (Ipec) stood at 252 points in March, a drop of 46 points from February. The figure marks 90 consecutive months above the historical average observed from 2000 to 2019.

The index, which tracks economic policy uncertainty in Colombia by counting related terms in media news, fell from 298 points in February. It rose 30 points compared to March last year.

News coverage in March focused mainly on economic, social, and geopolitical policy at 44.6%, followed by economic activity at 26.8% and other topics at 12.5%. From February, economic activity's share rose by 8.4 percentage points, while security declined by 6.8 points.

Versus March 2025, economic activity increased 17.4 percentage points, and economic, social, and geopolitical policy contracted 12.0 points. Fedesarrollo releases this monthly indicator with a sectoral focus.

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Illustration of joyful diverse Colombian workers celebrating the unemployment rate drop to 8.8%, featuring job signs, graphs, and national flag.
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Colombia's unemployment rate drops to 8.8% in March 2026

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The Departamento Administrativo Nacional de Estadística (DANE) reported that Colombia's unemployment rate fell to 8.8% in March 2026—the lowest for any March since 2001, continuing the downward trend from 10.9% in January and 9.2% in February—with 2.34 million people unemployed (down 174,000). This marks a 0.8 percentage point drop from 9.6% in March 2025. The employed population grew by 650,000 (2.7%), while the January-March quarter rate stood at 9.6%. Neiva ranked among cities with the lowest unemployment.

Fedesarrollo's March business opinion survey showed the commercial confidence index at 22.8%, up 0.2 percentage points from February, thanks to reduced inventories. In contrast, the industrial confidence index fell 3.2 points into negative territory amid lower production expectations.

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According to Fedesarrollo, the Commercial Confidence Index stood at 20.5% in May 2026, down 1.3 percentage points from April.

Grupo Cibest warned of high labor informality and vulnerable self-employment in Colombia, despite job creation recovery. Dane data showed an unemployment rate of 8.8% in March. The report highlights challenges including 55.6% informality and wage growth without productivity gains.

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The National Institute of Statistics and Censuses reported the consumer price index at 2.6% for April, the lowest reading in ten months.

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