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Colombia's economy contracted 9% in third quarter, more than predicted

Credit: REUTERS/LUISA GONZALEZ

Colombia's economy shrank 9% in the third quarter compared with the same period last year, the government said on Tuesday, as it continues to feel the effects of the coronavirus pandemic and a long lockdown.

BOGOTA, Nov 17 (Reuters) - Colombia's economy shrank 9% in the third quarter compared with the same period last year, the government said on Tuesday, as it continues to feel the effects of the coronavirus pandemic and a long lockdown.

The contraction was more severe than the median prediction by analysts, who said the Andean country's gross domestic product (GDP) would contract by 8.7%.

(Reporting by Julia Symmes Cobb)

((julia.cobb@thomsonreuters.com; +57-316-389-7187;))

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