Colombia — Sovereign Signal
BT-SFS 52.1/100 · BB+ · 184 bps over Treasuries
Score and market snapshot
Colombia trades 35 bps wide of its fundamentals fit (fitted spread 149 bps).
| Field | Value |
|---|---|
| BT-SFS score | 52.1 / 100 |
| Rank | 26 of 51 |
| Composite rating | BB+ |
| Agency ratings | Moody's Baa3 · S&P BB · Fitch BB |
| Benchmark USD bond | COLOM 3.25 32 |
| Spread over Treasuries | 184 bps |
| Yield to worst | 5.99% |
| Duration | 5.1y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 44.4 |
| External | 63.0 |
| Macro | 62.9 |
| Institutions | 41.7 |
The nine metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Current account / GDP | External | -2.5% | 37.5 | IMF | 2026 |
| International reserves, months of imports | External | 7.3 mo | 82.2 | World Bank | 2024 |
| General government debt / GDP | Fiscal | 60.9% | 52.1 | IMF | 2026 |
| Interest expense / revenue | Fiscal | 10.0% | 60.4 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -2.4% | 16.7 | IMF | 2026 |
| WGI institutional composite | Institutions | -0.32 | 41.7 | WGI composite | 2024 |
| Real GDP growth | Macro | 2.3% | 30.2 | IMF | 2026 |
| GDP per capita, USD | Macro | $10,104 | 52.1 | IMF | 2026 |
| Inflation stress | Macro | 5.9% | 95.5 | IMF | 2026 |
Score history
Applying the current methodology to historical sources, Colombia moves from 52.7 in 2016 to 52.1 in 2026 (-0.6 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 52.1/100 on the BT Sovereign Fundamentals Score, ranking 26 of 51 sovereigns covered. The score is built from nine public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Colombia USD bond does BondTerminal track?
COLOM 3.25 32 (ISIN US195325DZ51), the near-5-year USD benchmark, currently 184 bps over Treasuries with a 5.99% yield to worst.
Is Colombia trading wide or tight of its fundamentals?
Colombia trades 35 bps wide of its fundamentals fit (fitted spread 149 bps).
Related
- All 51 sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — every metric, weight, and transformation, in public.
- Colombia bond directory — every Colombia USD bond BondTerminal tracks.
- Colombia vs Peru — fundamentals and spreads head to head.
- Colombia vs Mexico — fundamentals and spreads head to head.
- Colombia vs Panama — fundamentals and spreads head to head.
- Paraguay — regional peer, BT-SFS 52.6 · 174 bps.
- Brazil — regional peer, BT-SFS 48.4 · 157 bps.
- Jamaica — regional peer, BT-SFS 53.4 · 146 bps.