🇨🇴 Oil Price Shock Impact on Colombia
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Colombia's economy.
Sectors
- ✈️ Travel & Tourism — estimated +16% to +29.4%
- 🚛 Transportation — estimated +21.4% to +39.2%
- 🛒 Food & Groceries — estimated +8% to +19.6%
- ⚡ Energy — estimated +26.7% to +43.2%
- 🏗️ Construction — estimated +10.7% to +22.9%
- 🏠 General Cost of Living — estimated +13.4% to +26.1%