As a proportion of GDP, Colombia’s public external debt decreased in October 2023, while private external debt increased by 0.2 percentage points

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Bogotá.- According to the most recent figures from Banco de la República, Colombia’s external debt in October 2023 remained at 55.1% of the GDP if the comparison is made with the previous month.

In September, the figure was 55.1% of GDP; in August, 56.7% of GDP; in July, 57% of GDP; in June, 56% of GDP; in May, 55% of GDP; in April, 55.1% of GDP, as in March; in February, 54.4% of GDP; in January, 54.2% of GDP.

In the twelfth month of last year, the percentage was 53.4% of GDP; in November, 51.5% of GDP; in October, 50.8% of GDP; in September, 50.6% of GDP; in August, 51.8% of GDP; in July, 51.5% of GDP; in June, 51.3% of GDP; in May, 53.8% of GDP; in April, 53.3% of GDP; in March, 53.5% of GDP; in February, 54.4% of GDP; and in January, 54.1% of GDP.

It is worth mentioning that, at the end of 2021, this debt stood at 53.9% of GDP. It should also be noted that, in November 2021, external obligations stood at 53% of GDP; in October, at 52.7% of GDP; in September, at 54.2% of GDP, as well as in August; in July, at 51.9% of GDP; in June, at 54% of GDP, as well as in May and April; in March, at 56.1% of GDP; and in February and January, at 56.8% of GDP.

The Issuer’s report details that the public debt was US$107,316 million, while the private debt closed the tenth month of the year at US$83,086 million.

Likewise, the central bank figures show that the public debt is equivalent to 31.1% of the GDP and the private debt represents 24% of the GDP.

Finally, according to the Issuer, US$31,407 million are short-term maturities and US$158,996 million are long-term maturities.