Colombia Ranks Eighth Among OECD Countries in Q2 Growth
Colombia’s economy grew 1.3% in the second quarter of 2026 compared with the previous three months —3.5% year over year—, a result that ranked it as the eighth-fastest-growing economy among members of the Organization for Economic Cooperation and Development (OECD). The figure is significant because Colombia grew at a faster pace than the bloc’s average, […]
Colombia's economy expanded 1.3% in the second quarter of 2026, ranking it eighth among OECD countries and second among Latin American nations. The growth was driven by the public sector, defense, education, and health, which expanded by 10% in the period. This result surpassed the average growth of the OECD, which was 0.5% between April and June.
Only Ireland, Israel, Switzerland, Slovenia, Lithuania, Mexico, and Sweden grew faster than Colombia among OECD members. Within Latin America, Mexico led quarterly growth at 1.5%, followed by Colombia at 1.3% and Costa Rica at 1.2%. The performance of Colombia and other economies in Latin America contrasted with the performance of some European economies.
Mexico and Colombia grew faster than Spain, Finland, and Italy, which posted lower growth. The international environment during the period was marked by moderate growth, with the G7 slowing its expansion to 0.3% from 0.4% in the first quarter. The U.S. economy grew by 0.4%, while Germany expanded by 0.2% and Japan by 0.3%. In comparison to the same period in 2025, Colombia's economy grew 3.4% year over year in the second quarter, outpacing the OECD average of 2.3% growth.
The strong growth in Colombia reflects an improving international environment, but its sustainability will depend on strengthening investment, productivity, and sectors that generate more lasting growth.
Written by urgent.news from Colombia One's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
