Dívida bruta do governo nacional colombiano atinge 65,1% do PIB no primeiro trimestre

O Ministério da Fazenda da Colômbia informou que a dívida bruta do governo nacional atingiu 65,1% do PIB no primeiro trimestre de 2026, o nível mais alto para esse período desde 1999. A dívida líquida subiu para 59% do PIB.

De acordo com o Ministério da Fazenda, a dívida bruta total atingiu 1,223 trilhão de pesos em março, um aumento em relação a 1,194 trilhão de pesos no final de 2025. Desse montante, a dívida interna totalizou 873,8 trilhões de pesos e a dívida externa 349,6 trilhões de pesos.

A dívida líquida situou-se em 59% do PIB, um aumento em relação aos 58,5% registrados no ano anterior e aos 57,7% no final de 2025. O indicador de dívida bruta subiu de 64,5% do PIB em dezembro para 65,1% em março.

José Ignacio López, presidente da Anif, observou que a dívida interna do governo supera em 125 trilhões de pesos o valor que todos os colombianos devem ao sistema financeiro. Nos últimos quatro anos, a dívida interna cresceu 386 trilhões de pesos, enquanto a carteira de crédito aumentou 142 trilhões de pesos.

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Colombian Finance Minister presenting 2026 economic projections including dollar rate at $3,801 and Brent oil at $59.2, amid charts and a skeptical press audience.
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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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