Colombia's current account deficit fell to $9.7 billion in 2023

Colombia current account deficit fell to $9.7 billion by the end of last year, the central bank said on Friday, versus a deficit of $21.4 billion at the end of 2022.

The deficit in Colombia's current account - which records the real flow of finances between Latin America's fourth-largest economy and those of the rest of the world - was equivalent to 2.7% of gross domestic product.