The Central Bank of Colombia released its Regional Economic Pulse for the fourth quarter of 2025, pointing to year-on-year growth in the national economy but at a slower pace than in the third quarter. The report attributes the deceleration mainly to weaker momentum in industry and agriculture, while commerce remained the main driver of regional performance. Most surveyed regions were perceived to have expanded more moderately, with Antioquia still showing the strongest growth supported by commerce, credit disbursements and industry, although lower coffee production reduced dynamism compared with the prior quarter. Nororiente was the only area that accelerated year on year, driven by industry and commerce, while Bogotá, Central Cafetera, Suroccidente and Caribe slowed amid weaker industrial activity linked by sources to temporary plant shutdowns for maintenance. By sector, commerce posted the largest increase supported by longer promotional campaigns and new store openings; vehicle and motorcycle sales stayed historically strong but cooled; financial system lending rose alongside lower interest rates and commercial strategies, though some tightening in credit granting was reported; and housing activity eased on weaker sales of social interest housing.
Central Bank of Colombia 2026-01-23
Central Bank of Colombia publishes Q4 2025 Regional Economic Pulse showing slower year on year growth led by Antioquia and commerce
The Central Bank of Colombia's Regional Economic Pulse for Q4 2025 indicates a slowdown in national economic growth compared to Q3, primarily due to weaker industry and agriculture, with commerce as the main growth driver. Antioquia led regional growth despite reduced coffee production, while Nororiente accelerated due to industry and commerce; other regions like Bogotá and Central Cafetera slowed due to temporary industrial shutdowns.