Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Colombia
COLB6FATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,783,552,000.00
Year-over-Year Change
-68.38%
Date Range
1/1/2000 - 10/1/2024
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Colombia measures the net flow of financial capital into and out of the country. This metric is crucial for understanding Colombia's international economic position and financial stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Financial Account tracks cross-border investment and lending activities, including foreign direct investment, portfolio investment, and other financial flows. The net position indicates whether Colombia is a net creditor or debtor nation, which informs policy decisions and economic analyses.
Methodology
The data is collected and calculated by Colombia's central bank based on international accounting standards.
Historical Context
This metric is closely monitored by policymakers, investors, and analysts to assess Colombia's external financial standing and capacity to service foreign debt.
Key Facts
- Colombia was a net creditor nation in 2021.
- The Financial Account balance reflects over 20% of Colombia's GDP.
- Positive net inflows indicate increased foreign investment in the country.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Colombia measures the net flow of financial capital, including foreign direct investment and portfolio investment, into and out of the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Colombia's international economic position, financial stability, and capacity to service foreign debt. It informs policy decisions and economic analyses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Colombia's central bank based on international accounting standards.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, investors, and analysts to assess Colombia's external financial standing and make informed decisions regarding macroeconomic policy and financial regulations.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and revisions of Colombia's central bank, which may result in minor delays or changes to previously reported figures.
Related Trends
International Trade: Net Trade: Value (Goods): Total for Colombia
COLXTNTVA01STSAQ
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Colombia
COLCP110000IXNBQ
Value of Exports to Colombia from New Mexico
NMCOLA052SCEN
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Colombia
COLLFEM55TTSTM
Balance of Payments: Current Account: Expenditure for Colombia
COLB6DBTT01CXCUSAQ
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Colombia
COLFCNODCHNUM
Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Colombia (COLB6FATT01CXCUQ), retrieved from FRED.