Economic growth

The Gross Domestic Product is the total value of goods and services produced in a period of time, measured on a quarterly and annual basis. It is the most important indicator to measure the performance of the Bogota economy, at a general level and for all its sectors.

In the third quarter of 2025, Bogotá’s GDP grew by 4.6%, a figure lower than the 3.8% recorded for Colombia’s GDP in the third quarter; Bogotá’s GDP increased by 2.4 percentage points compared to the third quarter of 2024, when the city grew by 2.2%.

*Data for Bogotá is available for the third quarter of 2025.

The DANE released GDP figures by department for 2024. The results showed that Bogotá and Cundinamarca accounted for 31.5% of total national output in 2024. They also showed that the region’s growth rate was 1.8% compared to 2023, while Colombia’s was 1.6%.

• Wholesale and retail trade activities, public administration and defense, and real estate activities are the activities with the highest relative importance with respect to gross value added for 2023, participating with 25.40%, 17.63%, 12.68% in Bogota.

• Agriculture and mining and quarrying activities are the least important contributors to the city's value added, with shares of 0.01% and 0.17%, respectively.

* The relative importance is calculated on the value added, which is the GDP excluding taxes. Only in the case of this participation, the analysis is made in current prices. *Data for Bogota are available for the third quarter of 2025. Source: DANE, SDDE.

In March 2026, the ISE rose by 1.2% compared with February 2026, when it had increased by 0.6%.

Source: DANE, ISE, March 2026.

In March 2026, the sectors that showed the highest annual growth in the ISE were Financial and Insurance Activities (7.2%) and Public Administration and Defense (6.2%). In contrast, the sector with the lowest growth was Construction, which posted an annual increase of 1.2% during the period under review.

Source: DANE, ISE, March 2026.

In March 2026, industrial production increased by 3.9%, compared to March 2025. Real sales increased 3.8% and the number of employed people fell 0.5%.

Source: DANE, EMMET, March 2026.

In Bogota, the variation in real production was greater compared to the national total, presenting an increase of 4.0%, sales showed an increase of 4.5% and employment a fall of -0.4%.

Source: DANE, EMMET, March 2026.

In Cundinamarca, real production increased by 7.8%, sales increased by 5.2% and employment increased by 0.6%.

Source: DANE, EMMET, March 2026.

At the national level, when comparing March 2026 with the same period in 2025, it is recorded that the behavior of real sales was positive. In the national total, real sales increased 13.4% and employed personnel increased 1.9%. In Bogotá, trade grew by 17.9% in sales for March 2026 compared to the same month in 2025; The number of people employed increased by 1.0%.

In Cundinamarca, trade increased by 16.2% in sales for March 2026 compared to the same month in 2025; The number of people employed increased by 9.3%.

Source: DANE, EMC, March 2026.

In March 2026, 14 of the 18 service activities recorded revenue growth compared to March 2025.

The three (3) activities with the best performance in March 2026 compared to the same month of 2025 in revenue were: Scientific and technical professional activities (37.6%), Mail and courier services (22.2%), and Other entertainment services and other services (21.1%).

Source: DANE, EMS, March 2026.

In March 2026, 18 of the 18 service activities registered wage increases compared to March 2025.

The three (3) activities with the best performance in March 2026 compared to the same month in 2025 in terms of salaries were: Mail and courier services (23.8%), Restaurants, catering and bars (21.3%), and Administrative and office support activities and other activities (21.0%).

Source: DANE, EMS, March 2026.

Total revenues from the accommodation sector in the country decreased by 5.6% when comparing March 2026 with the same month of the previous year; The number of employed personnel decreased by 4.5% in the same period of analysis.

In Bogotá, real income from the accommodation sector decreased by 6.4%, and employed personnel experienced a reduction of 5.5% compared to March 2025.

Source: DANE, EMA, March 2026.

In March 2026, Bogota presented a hotel occupancy rate of 58.7%, showing a decrease of -2.9 p.p. compared to 61.6% in March 2025. The main reasons for travelling to the capital were Work and business (31.7%), and Holidays, leisure and recreation (19.8%) Source: DANE, EMA, March 2026.