INTEREST RATES FOR COLOMBIA 2025

In Colombia, the monetary policy interest rate remains at 9.5% since December. However, it is still above the 3% target set by the Bank of the Republic. It is expected that inflation will continue to decrease gradually towards the target over the next two years.

Colombia's economic activity has also shown signs of recovery, with growth of 1.8% in 2024. It is expected that this growth will accelerate in 2025 and 2026, reaching a level close to its productive capacity in 2026.

Regarding interest rates for loans, these vary depending on the type of loan. Consumer and ordinary loans have an effective annual interest rate of 17.53%, while large productive loans have an effective annual interest rate of 27.15%

In summary, the monetary policy interest rate in Colombia remains at 9.5% to support economic recovery and control inflation. Inflation has decreased significantly, but is still above the 3% target. Economic activity has shown signs of recovery and is expected to continue growing in the coming years.