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Colombia Political Crisis

-0.6%
USD Payments (Nominal)
+12.0%
Unemployment
+12.0%
Default Rate

Election produces fragmented congress and weak executive, extending policy paralysis through entire forecast period.

Wages

Wages +7.5%
USD/X +8.2%

Employment

Unemployment Rate 12.0%
Job Retention Rate 92.0%

Defaults

Default Rate 12.0%