RIO DE JANEIRO, BRAZIL - Colombia's gross domestic product (GDP) will grow between 1% and 5% in 2022, with 3% being the most likely figure, the central bank estimated on Monday, lowering its previous projections.
The bank had earlier projected growth of between 2% and 6% for 2022, with 3.6% being the most likely figure.
In its new quarterly report, the agency's technical team projected that the Colombian economy would have slowed its contraction rate in the first quarter this year to a low of 0.3%, down from an estimated 4.8% drop in its January report. . .
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