Skip to main content
Menu: Transversal
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Legal Guide
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Visit Colombia
    • Colombia Country Brand
letter
Header
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Mapa de oportunidades
    • Legal Guide
    • Guía legal
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Actualiadad
    • Visit Colombia
    • Visita Colombia
    • Colombia Country Brand
    • Marca Colombia

Invest in Colombia

Invest in Colombia
Main navigation
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
  • EN
  • ES
lsearch
Sign in
  • Sign in
  • Create account
Choose your profile

Welcome, please choose the profile that best suits your business to login or register.

Colombian Companies Investor
  • EN
  • ES
Navegación principal
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
Síganos:
Invest
now!
Standard & Poor's includes Colombia in the club of BBB rated countries
Breadcrumb
  1. Home
  2. Artículos y Herramientas
  3. Artículos
  4. Standard & Poor's includes Colombia in the club of BBB rated countries

Standard & Poor's includes Colombia in the club of BBB rated countries

Share
  • Twitter
  • Facebook
  • Linked in
08 of May of 2013

Standard & Poor's said the credit quality rating of the nation has been strengthening as a result of a stronger fiscal profile, growing domestic capital markets, favorable expectations of the gross domestic product growth in the long term and Government policies towards investment.

The agency stated that due to the evolution of these indicators, it increased the valuations of long and short-term foreign currency to 'BBB' and 'A-2' from 'BBB-' and 'A-3' respectively, which asserts an increase in the level of international credibility.

"We raised our long-term foreign currency rating because of the strengthening pillars underpinning Colombia's economy, which have reduced its vulnerability to external shocks and enhanced its capacity for stable long-term GDP growth “ Standard & Poor's said in its statement.

In addition the agency highlighted the structural changes in fiscal policy such as the fund that was created to save the additional income from the commodities sector, the efforts to improve its debt profile and develop their domestic capital markets. For this reason, these measures have enhanced the ability to implement countercyclical fiscal and monetary policies.

Standard & Poor's expects that the level of public sector debt will remain low and it is likely to decline moderately over the next three years and estimates that the general government debt will shrink from 40% to 33% of the GDP. It also indicated, "It is likely that interest costs could consume less than 10% of general government revenue in the coming years and the FDI could fund the current-account deficits in the next two years, which would curb the external indebtedness”.

Among the factors that have placed Colombia in the club of BBB rated countries are the confidence in its monetary policy; which have placed it on the radar of investment grade issuers ratifying the progress and consolidation achieved since 2011 when it achieved investment grade, and the steadfast positive outlook.

Likewise, the agency reports that the stable outlook is based on the expectation of continuity in proinvestor economic policies in the coming years.

During the past year, according to the Central Bank of Colombia, the arrival of foreign investment in 2012 reached the record level of U.S. $ 15.823 billion, 16.3 percent higher than 2011 when it closed at $ 13.605 billion, which has maintained a reduction in unemployment and in 2014 its network of free trade agreements will allow access to 1.500 billion consumers.

Read the full S & P article here

Articles related

13 of January of 2023
Cosmetics and personal care
Cosmetics Industry.

Colombian cosmetics industry and their commitment to sustainability

13 of December of 2022
Opportunities
Modernizing the production plants in Colombia.

Foreign companies invest in modernizing and expanding their production plants in Colombia

24 of November of 2022
Information technology and creative industries
Sustainability projects in Colombia.

Alternative projects and initiatives around sustainability in Colombia

21 of November of 2022
Real Estate
Investing in commercial real estate in Colombia.

Commercial real estate in Colombia: A strong investment alternative

21 of November of 2022
Investment incentives
Companies that trust in Colombia.

Companies and investors that trust in Colombia

Pre Footer
  • About Procolombia
  • Ministries and Embassies
  • Regional Information
  • Documents and White papers
Procolombia
Colombia Co
Procolombia
Colombia Co
  • Calle 28 No 13A - 15 Floor 35-36 Bogotá - Colombia
  • PBX: +57 601 5600100 - Fax: +51 601 5600104
  • Monday through Friday 8:30 a.m. - 5:30 p.m.
Footer
  • Citizen Services
  • Complaints
  • Contact Us
  • Work with us
  • Sustainability Report
Síganos:
Footer Final
  • About this site
  • Terms of use
  • Personal Data Protection
Síguenos:
X
  • Create new account
  • Request new password