|
Scenario
|
Unemployment (%)
|
Default (%)
|
USD Real Wage Growth (%)
|
|---|---|---|---|
| Colombia Baseline | 8.0 | 4.0 | -3.3 |
| Colombia Optimistic | 7.0 | 3.0 | -3.8 |
| Colombia External Shock | 12.0 | 8.0 | -10.9 |
| Colombia Nearshoring Boom | 6.0 | 2.0 | -1.5 |
| Colombia Commodity Surge | 7.0 | 3.5 | -3.8 |
| Colombia Political Crisis | 10.0 | 10.0 | -13.3 |
| Colombia Stagflation | 15.0 | 12.0 | -10.0 |
| Colombia Recovery | 9.0 | 5.0 | -5.2 |
| Chancen Baseline | 0.0 | 0.0 | -4.8 |
Economic Indicator Definitions
Unemployment (%)
Expected unemployment rate in the economic scenario, representing the percentage of the workforce that is unemployed.
Default (%)
Expected default rate for ISAs in this economic scenario, representing the percentage of contracts that fail to repay.
USD Real Wage Growth (%)
Combined annual wage growth rate in real USD terms. This accounts for nominal wage growth, adjusts for local inflation, and converts to USD. Formula: (1 + nominal wage growth) ÷ (1 + inflation) ÷ (1 + USD appreciation) - 1.