Banco de la República reported Colombia's external debt reached US$247.699 million at the end of April, equivalent to 51.6% of GDP, down 2.1 percentage points from the prior year.
The external debt balance fell as a share of GDP due to the cancellation of a total return swap in Swiss francs and the peso's appreciation against the dollar. The Finance Ministry has prioritized local market financing, cutting the external debt share from 40% in August 2022 to 26.5% in April.
Total public debt continues rising due to the larger weight of internal debt, which increased from 65% to 73% of total government obligations. At end-April, government external borrowing stood at 31.5% of GDP, down from 32.3% a year earlier.
In parallel, National Treasury Remunerated Deposits closed June at $18 trillion, driven by TES megasubastas held in May and June. This marks a 185.7% rise from $6.3 trillion in June 2025.
