Colombia
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2006-2007 , pp 141-146
- Publication Date: April 2007
- DOI: https://doi.org/10.18356/02b22bf2-en
- Language: English
The 6.8% growth rate observed in 2006 exceeded the expectations of the economic authorities and leading analysts alike. Buoyant domestic demand (consumer spending and investment) continued to drive growth and the good pace of economic activity improved the fiscal indicators. The central bank raised its intervention rate a number of times from April onwards to curb rising demand. The consumer price index rose 4.5%, thus keeping inflation on target. Unemployment rose in the second semester of the year despite the high economic growth rate. In the area of foreign trade, exports and imports continued to register high growth rates, as did flows of FDI.
© United Nations
ISBN (PDF):
9789211561111
Book DOI:
https://doi.org/10.18356/109b6df0-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Colombia
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