This Monday, February 17, the National Administrative Department of Statistics (DANE) will present the results of the Gross Domestic Product (GDP) corresponding to the fourth quarter of 2024. Most forecasts suggest that this result reflects a gradual recovery of the national economy.
(Read more: EUROZONA GDP grew 0.1% in the fourth quarter of 2024)
On the side of the Itaú Bank, expectations suggest that in this period an economic growth of 2.2%would have been registered. The figure would be above 2% reported in the third quarter last year, that is, a quarterly 0.25%.
According to the banking entity, the result would be promoted by services, agriculture and commerce, but still dragged by the mining sector, the manufacturing industry and construction. In the same way, it is estimated that the annual increase in GDP would have been influenced by net exports.
In that context, Itaú projects that the GDP of 2024 has reached a growth close to 1.8%.
(See: Antioquia and Valle del Cauca lead economic growth in the country)
Colombian money
(Read more: economic growth in 2024: uncertainty continues to take its toll)
Bancolombia, on the other hand, provides a 2% growth of this indicator for the fourth quarter. If you get to touch that level, the economic growth of the full year would be 1.7%, which brings him closer to the initial forecast of the entity, which was 1.8%.
On the government’s side, the Ministry of Finance is confident that the economic results of 2024 were positive. This would show that “The country returns to a path of sustained growth.”
According to the projections of the portfolio, the Colombian economy would have grown 1.8% in 2024, exceeding 0.1 percentage points (PP) the projection of the medium -term fiscal framework of 2024 (MFMP) and substantially higher than growth of 2023 that was 0.6%.
(More news: government accounts: projections of the dollar price, inflation and GDP by 2025)
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