Deuda bruta del gobierno nacional de Colombia alcanza 65,1% del PIB en primer trimestre

El Ministerio de Hacienda informó que la deuda bruta del Gobierno Nacional llegó a 65,1% del PIB en el primer trimestre de 2026, el nivel más alto para ese periodo desde 1999. La deuda neta subió a 59% del PIB.

Según el Ministerio de Hacienda, la deuda bruta total alcanzó 1.223 billones de pesos en marzo, frente a 1.194 billones al cierre de 2025. De esta cifra, la deuda interna sumó 873,8 billones de pesos y la externa 349,6 billones.

La deuda neta se ubicó en 59% del PIB, un aumento desde 58,5% registrado el año anterior y 57,7% al final de 2025. El indicador de deuda bruta pasó de 64,5% del PIB en diciembre a 65,1% en marzo.

José Ignacio López, presidente de Anif, señaló que la deuda interna del Gobierno supera en 125 billones de pesos la que tienen todos los colombianos con el sistema financiero. Durante los últimos cuatro años, la deuda interna creció 386 billones de pesos mientras la cartera de crédito aumentó 142 billones.

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Colombian government projects dollar at $3,801 and brent at us$59.2 for 2026

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The Ministry of Finance published the Financial Plan for 2026, projecting 2.6% GDP growth and 5.8% inflation. The document estimates an average dollar rate of $3,801 and Brent barrel at US$59.2, though analysts warn of calculation errors and lack of concrete measures for fiscal cuts. The publication was delayed by more than a month compared to previous years.

An ANIF report states that the gross debt of Colombia's National Central Government ended 2025 at $1.194 trillion, or 64.4% of GDP, the highest since the 2020 pandemic. Treasury liquidity hit historic lows, with cash on hand covering just five days of obligations in February 2026.

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The Banco de la República reported that Colombia's external debt rose to US$253.168 million in January 2026, equivalent to 55.2% of GDP. This marks an increase from December 2025 and January last year. Public sector debt stood at US$157.833 million, while private sector debt was US$95.336 million.

Colombia's Ministry of Finance placed 900 billion pesos in short-term Treasury titles (TCO) through a public auction, with a cutoff rate of 13.65% for the one-year reference maturing on March 23, 2027. It received bids totaling 1.3 trillion pesos, 1.5 times the amount offered.

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The Dane reported that Colombia's GDP rose 2.2% in the first quarter of 2026, below the 2.5% recorded a year earlier. Growth was driven mainly by public spending and household consumption, while sectors such as construction and agriculture posted declines.

Colombia recorded an annual inflation rate of 5.3% in February 2026, ranking second among OECD countries, behind only Turkey at 31.5%. The figure exceeds the OECD average of 3.4%.

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In its latest auction, Colombia's Ministry of Hacienda placed 900 billion pesos in short-term Treasury titles (TCO) maturing April 20, 2027, at a cutoff rate of 13.450%—slightly lower than the prior auction's 13.65%. Bids totaled 1.6 trillion pesos, or 1.7 times the amount offered, signaling robust demand amid efforts to develop the domestic capital market.

 

 

 

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