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

investin colombia
Main navigation
  • Home
  • Why Colombia
  • Sectors to invest
    • Agribusiness and food
      • Processed food
      • Cocoa and its derivatives
      • Forestry
      • Fruits and vegetables
    • Energy
      • Renewable energy
      • Green Hydrogen
    • Healthcare and life sciences
      • Cosmetics and Personal Care
      • Pharmaceutical
    • Infrastructure
      • Social infrastructure
      • Water and Sanitation
    • Manufacturing
      • Aeronautical
      • Naval
      • Automotive
      • Building materials
    • IT and Creative industries
      • Audiovisual
      • Data centers
      • Service outsourcing - BPO
      • Shared service centers
      • Software & IT
    • Other sectors
      • Agrochemicals
      • Hospitality and tourism infrastructure
      • Logistics
      • Fashion industry
  • How to Invest
    • 1. Foreign investment protection
    • 2. Exchange regime
    • 3. Corporate affairs
    • 4. Foreign trade
    • 5. Labor regime
    • 6. Immigration Regime
    • 7. Tax regime
    • 8. Environmental regime
    • 9. Energy market
    • 10. Intellectual property
    • 11. Real state
    • 12. State contracting
    • 13. Accounting regime
    • Free Trade Zone Regime
    • Incentives to Invest in Colombia
  • Resources
    • Investor support
    • Top investment opportunities
      • Investor
      • Colombian companies
    • Service Directory
    • Information resources
    • Site selection
  • Contact
Search
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
Navegación principal
  • Home
  • Why Colombia
  • Sectors to invest
    • Agribusiness and food
      • Processed food
      • Cocoa and its derivatives
      • Forestry
      • Fruits and vegetables
    • Energy
      • Renewable energy
      • Green Hydrogen
    • Healthcare and life sciences
      • Cosmetics and Personal Care
      • Pharmaceutical
    • Infrastructure
      • Social infrastructure
      • Water and Sanitation
    • Manufacturing
      • Aeronautical
      • Naval
      • Automotive
      • Building materials
    • IT and Creative industries
      • Audiovisual
      • Data centers
      • Service outsourcing - BPO
      • Shared service centers
      • Software & IT
    • Other sectors
      • Agrochemicals
      • Hospitality and tourism infrastructure
      • Logistics
      • Fashion industry
  • How to Invest
    • 1. Foreign investment protection
    • 2. Exchange regime
    • 3. Corporate affairs
    • 4. Foreign trade
    • 5. Labor regime
    • 6. Immigration Regime
    • 7. Tax regime
    • 8. Environmental regime
    • 9. Energy market
    • 10. Intellectual property
    • 11. Real state
    • 12. State contracting
    • 13. Accounting regime
    • Free Trade Zone Regime
    • Incentives to Invest in Colombia
  • Resources
    • Investor support
    • Top investment opportunities
      • Investor
      • Colombian companies
    • Service Directory
    • Information resources
    • Site selection
  • Contact
Síganos:
Invest
now!
Standard & Poor's includes Colombia in the club of BBB rated countries
Breadcrumb
  1. Home
  2. Information resources
  3. 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

31 of May of 2023
Legal Guide 2023

Legal Guide 2023

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

Image CAPTCHA
Enter the characters shown in the image.
Get new captcha!

About Procolombia

  • Citizen services
  • Complaints
  • Contact us
  • Work with us
  • Sustainability actions

Other directories

  • About this site
  • Terms of use
  • Personal data protection

Procolombia social media

linkedin instagram facebook youtube
Imagen
Procolombia logo
Imagen
Marca pais
Imagen
alt
X
  • Create new account
  • Request new password