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March 9, 2023
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Colombia’s external debt represented 53.4% ​​of GDP in 2022

Colombia's external debt represented 53.4% ​​of GDP in 2022

The external debt of the public and private sectors totaled US$184,118 million at the end of December 2022, according to the records of the Bank of the Republic.

Public sector obligations totaled US$103,518 millionwhile those of the private sector reached US$79,475 million.

(Read: Banco de la República anticipates March meeting for Thursday 30).

The total amount (US$184,118 million), according to the statistics of the Banco de la República, represented 53.4% ​​of gross domestic product (GDP). The part corresponding to international public debt represented 30.4% of GDP and private debt 23.1%.


(Read: Financial system starts 2023 with adequate performance indicators
)

During 2022 the Colombian external debt registered an increase of US$12,815 million since it went from closing December 2021 at US$171,303 million to US$184,118 million a year later.

(Read: Banrep transfers to the Government $1.6 trillion of the result of 2022).

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