Foreign Direct Investment

• Next Wednesday, December 7, the Bogotá Chamber of Commerce will present the results of the 2022 Great

Business Survey of Bogotá and Cundinamarca. This survey performs a 360° x-ray of the formal business community, the popular economy, and those businesses that are consolidated and those that are in the growth stage in the region. The event will take place from 8:00 am to 10:30 am at the Hilton Hotel in Bogotá (Carrera 7 #72-41). To attend this event, you can register through the following link.

4. ECONOMIC BEHAVIOR

4.1. GROSS DOMESTIC PRODUCT (GDP)1

In the third quarter of 2022, the annual growth of the national GDP was 7.0%. It should be noted that all sectors presented favorable variations except for the agriculture, livestock, hunting, forestry, and fishing sector, which registered a 1.4% decrease in this period.

The biennial growth of the national GDP in the third quarter of 2022 was 21.7%. Likewise, the triennial growth was 11.0%, a value higher than that observed in the same period of previous years, even above 2019. The above shows the good macroeconomic behavior of the country and the further consolidation of the economic recovery in the third quarter of 2022.

The sectors of Artistic activities, entertainment and recreation, and that of Information and communications are the ones that presented the highest growth compared to 2019, growing 36.9% and 14.0%, respectively. Additionally, the construction and the mining and quarrying sectors remain below their 2019 growth of 15.9% and 13.6%, respectively.

1 Fuente: DANE, Cuentas Nacionales. Publicado el 16 de agosto de 2022