Colombia — Sovereign Signal
BT-SFS 50.3/100 · BB+ · 221bps over Treasuries
Score and market snapshot
Colombia trades 66bps wide of its fundamentals fit (fitted spread 155bps).
| Field | Value |
|---|---|
| BT-SFS | 50.3 / 100 |
| Rank | 25 of 51 |
| Composite rating | BB+ |
| Agency ratings | Moody's Baa3 · S&P BB · Fitch BB |
| Benchmark USD bond | COLOM 6.5 33 |
| Spread over Treasuries | 221bps |
| Yield to worst (S.A.) | 7.28% |
| Duration | 5.0y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 51.2 |
| External | 42.3 |
| Macro | 47.4 |
| Institutions | 58.3 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 7.3 mo | 42.3 | World Bank | 2025 |
| General government debt / GDP | Fiscal | 60.9% | 31.4 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 16.4% | 74.7 | World Bank/IMF QPSD | 2026 |
| Net interest / revenue | Fiscal | 10.0% | 70.8 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -2.4% | 34.6 | IMF | 2026 |
| Governance (WGI GE + RQ) | Institutions | 51.3 | 38.3 | WGI | 2025 |
| Inflation track record | Institutions | 5.8% | 88.3 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | 2.5% | 34.8 | IMF | 2025–2027 |
| GDP per capita, USD | Macro | $10,104 | 69.8 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 4.4pp | 25.9 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Colombia moves from 59.8 in 2016 to 50.3 in 2026 (-9.5 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Colombia's sovereign credit score?
Colombia scores 50.3/100 on the BT Sovereign Fundamentals Score, ranking 25 of 51 sovereigns covered. The score is built from ten public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Colombia USD bond does BondTerminal track?
COLOM 6.5 33 (ISIN US195325EV39), the near-5-year USD benchmark, currently 221bps over Treasuries with a 7.28% yield to worst (S.A.).
Is Colombia trading wide or tight of its fundamentals?
Colombia trades 66bps wide of its fundamentals fit (fitted spread 155bps).