OECD Economic Outlook, Volume 2017 Issue 1
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on how to make trade work for all and a chapter summarising developments and providing projections for each individual country. A statistical annex is available on the web.
Colombia
Economic growth is projected to rise through 2017 and 2018. The historic peace agreement, higher oil prices and the start of infrastructure projects will boost investment. Private consumption will grow moderately. Stronger growth is projected to stabilise the unemployment rate. As the effects of El Niño wear off, inflation is projected to return to the central bank target range of 2-4% at the end of 2017. Although poverty has declined, inequality remains high.
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