The Central Bank of Colombia released its quarterly report on Colombia’s balance of payments and international investment position for the fourth quarter of 2025. The current account posted a deficit of USD 3,912 million, equivalent to 3.1% of quarterly GDP, while the financial account including the change in reserve assets recorded net capital inflows of USD 3,471 million (2.7% of quarterly GDP); errors and omissions were estimated at USD 441 million. The current account deficit was driven by a USD 4,457 million deficit in the goods and services balance and a USD 3,680 million deficit in factor income, partially offset by net current transfers of USD 4,224 million. Compared with the previous quarter, the current account deficit widened by USD 1,095 million and net capital inflows increased by USD 1,220 million, supported by net disbursements of external loans and other credits and lower accumulation of deposits abroad, partly offset by lower net inflows of portfolio and direct investment. For full-year 2025, the current account deficit reached USD 10,883 million (2.4% of annual GDP) and the financial account recorded net capital inflows of USD 9,047 million (2.0% of annual GDP). At end-December 2025, the net international investment position stood at -USD 200,403 million (43.7% of annual GDP), with assets of USD 308,006 million and liabilities of USD 508,409 million.
Central Bank of Colombia 2026-02-27
Central Bank of Colombia publishes fourth-quarter 2025 balance of payments data showing USD 3,912 million current account deficit
The Central Bank of Colombia's Q4 2025 report shows a current account deficit of USD 3,912 million (3.1% of GDP) and net capital inflows of USD 3,471 million (2.7% of GDP). The deficit was mainly due to a USD 4,457 million shortfall in goods and services and a USD 3,680 million deficit in factor income, partially offset by USD 4,224 million in net current transfers. The net international investment position at year-end was -USD 200,403 million, representing 43.7% of GDP.