Doing Business in Colombia 2025 from PwC Colombia

English version

The latest edition of PwC Colombia's Doing Business in Colombia 2025 publication aims to provide valuable information to individuals and companies interested in making or consolidating their investments in the country.

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2024 was a challenging year for Foreign Direct Investment (FDI) in Colombia, in a global and local context of economic volatility, geopolitical tensions and interest rate adjustments. These conditions shaped the arrival of capital in the country, which experienced a contraction of 18.32% until November 2024, accumulating a total of USD 9.97 billion and registering a significant decrease compared to the USD 12.21 billion registered in the same period of 2023.

Despite this drop, in 2024 Colombia had an economic growth of 1.7%. It was ranked as the fourth most competitive economy in the Region according to the IMD's World Competitiveness Ranking; and it remains among the five Latin American countries that attracted the most foreign investment last year according to the Organization for Economic Cooperation and Development (OECD). This suggests that although capital flows have slowed, the country remains a strategic destination for investors.