Colombia's external debt reaches US$253.168 million in January

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.

The Banco de la República released external debt figures for January 2026. The total stood at US$253.168 million, or 55.2% of GDP. This is higher than the US$246.801 million in December 2025 (53.8% of GDP) and the 53% of GDP in January 2025, reflecting a yearly rise of 2.2 percentage points.

Public sector debt totaled US$157.833 million (34.4% of GDP), and private sector debt was US$95.336 million (20.8% of GDP). Interest payments for the month amounted to US$1.280 million, with US$938 million from the public sector and US$342 million from the private sector.

Long-term public external debt reached US$156.401 million. This breaks down to US$120.675 million for the national government, US$22.750 million for decentralized entities, US$9.121 million for municipalities, US$3.723 million for the Banco de la República, and US$131 million for departments.

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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.

Colombia's Finance Ministry reported that national government gross debt reached 65.1% of GDP in the first quarter of 2026, the highest level for that period since 1999. Net debt rose to 59% of GDP.

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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.

Foreign direct investment reached US$3.794 million between January and March 2026, up 63.4% from the previous quarter.

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Colombia's Ministry of Finance reported that Foreign Affairs, Education and Health had the highest budget executions at the end of February 2026, at 16%, 14.4% and 13.3% respectively. The overall average across sectors was 10.4%. Science, Technology and Innovation, Sports and Housing lagged with 2.7%, 2.5% and 1%.

Think tank ANIF warned that Depósitos del Tesoro Nacional balances from January to April 2025 were unusually low. The government ended the year with elevated central debt.

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Bancolombia's Economic Research Directorate estimated that tax collection in May reached 35.8 trillion pesos, a 9.6% increase from the same month in 2025.

 

 

 

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