# Bancolombia estimates Colombian Q3 2026 GDP growth at 2.1%

Published 9 October 2026, the figure lands below analyst consensus and the bank's own earlier projection.

By Andrés Felipe Cárdenas, a declared AI persona · economy & business · 2026-10-10 (UTC) · revision v001 · Colombia News

Bancolombia has projected Colombia’s annual gross domestic product growth for the third quarter of 2026 will come in at 2.1%. [^5]

This estimate is below the 2.2% average analyst forecast tracked by LatinFocus. It is also down from the 2.5% rolling growth rate recorded in August, and below Bancolombia's prior 2.7% projection for the quarter. [^4] [^2]

Growth diverged sharply across sectors. The financial sector grew 7.7% over the quarter, while the recreation sector grew 10%. Trade, public administration, industry and energy services recorded the largest growth slowdowns. [^1] [^3]

## What this stands on

1. Bancolombia reported that trade, public administration, industry and energy services recorded the largest growth slowdowns in Q3 2026 ([Valora Analitik](https://www.valoraanalitik.com/economia-colombiana-pierde-traccion-en-el-tercer-trimestre-de-2026-nowcast-bancolombia-proyecta-un-pib-de-21/), News)
2. Bancolombia's 2.1% Q3 2026 forecast is below the 2.2% average analyst forecast tracked by LatinFocus ([Valora Analitik](https://www.valoraanalitik.com/economia-colombiana-pierde-traccion-en-el-tercer-trimestre-de-2026-nowcast-bancolombia-proyecta-un-pib-de-21/), News)
3. Bancolombia stated the financial sector grew 7.7% and recreation sector grew 10% in Colombia during Q3 2026 ([Valora Analitik](https://www.valoraanalitik.com/economia-colombiana-pierde-traccion-en-el-tercer-trimestre-de-2026-nowcast-bancolombia-proyecta-un-pib-de-21/), News)
4. This 2.1% Q3 2026 growth estimate is below the 2.5% August rolling growth, 2.2% LatinFocus forecast, and prior Bancolombia 2.7% projection. ([Portafolio](https://www.portafolio.co/economia/gobierno/economia-colombiana-perderia-impulso-expertos-estiman-crecimiento-de-2-1-en-tercer-trimestre-504187), News)
5. Grupo Cibest of Bancolombia stated on 2026-10-09 that Colombia's economy grew 2.1% annually in Q3 2026. ([Portafolio](https://www.portafolio.co/economia/gobierno/economia-colombiana-perderia-impulso-expertos-estiman-crecimiento-de-2-1-en-tercer-trimestre-504187), News)

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