Good Country Index
COL151K
Latest comparable value · 2025
(market cap × public companies) ÷ populationColombia · public economy
Good Country Index
COL151K
Latest comparable value · 2025
(market cap × public companies) ÷ populationParty record · 01
Seated 20 July 2026 · Senate 103 + Chamber 183 seats — Comunes' guaranteed peace-accord seats expired
Seated 20 July 2022 · Senate 108 + Chamber 188 seats, both chambers combined below
Laws sanctioned per year · 2016–2026 (* 2026 to 7 Aug 2026)
Editorial alignment
Its record here leans against a bigger public economy — counting for it: Agrarian jurisdiction regulation (63); counting against: Labor reform (25), Pension reform (re-vote) (28).
Editorial alignment
Its record here leans toward a bigger public economy — counting for it: Microcredit and seed capital access (78), Small-scale mining formalization (72).
Editorial alignment
Its record here cuts both ways — counting for it: Health reform (first attempt) (40), 2024 tax reform (ley de financiamiento) (30); counting against: Labor reform (25), Pension reform (re-vote) (28).
Editorial alignment
Its record here cuts both ways — counting for it: Health reform (first attempt) (40), 2024 tax reform (ley de financiamiento) (30); counting against: Pension reform (re-vote) (28).
Editorial alignment
Its record here cuts both ways — counting for it: Health reform (first attempt) (40); counting against: Pension reform (re-vote) (28).
Editorial alignment
Its record here leans against a bigger public economy — counting against: Pension reform (re-vote) (28).
Editorial alignment
Its record here leans toward a bigger public economy — counting for it: 2024 tax reform (ley de financiamiento) (30).
Editorial alignment
Its record here leans toward a bigger public economy — counting for it: Health reform (first attempt) (40).
Editorial alignment
Its record here leans toward a bigger public economy — counting for it: Health reform (first attempt) (40).
Editorial alignment
Its record here leans toward a bigger public economy — counting for it: Health reform (first attempt) (40).
Editorial alignment
Its record here leans against a bigger public economy — counting against: Pension reform (re-vote) (28).
Defensores de la Patria · inaugurated 7 August 2026
Nothing to score yet — a new administration can only file bills once in office, and its agenda reaches Congress in the weeks after inauguration.
Editorial alignment
Pacto Histórico · 2022–2026
What it has filed here cuts both ways — counting for it: Education statutory law (58), Criminal-group submission law (Paz Total) (55); counting against: 2024 tax reform (ley de financiamiento) (30), Permanent fracking ban (35).
Legislative pipeline · 02
The new Congress seated on 20 July 2026, so these are early-stage bills and none has been voted on yet.
21 Jul 20262026-2030
Ninety articles creating a single public fund, a strengthened ADRES and new rules for the EPS insurers, moving management of financial risk to the state. Providers would invoice within 8 days and ADRES would pay at least 85% within 30 days; health spending would rise by about one percentage point of GDP between 2026 and 2032.
Editorial impact
Neutral or mixed
Paying providers 85% within 30 days would be a real working-capital gain for the thousands of small clinics and suppliers that are private businesses, but a point of GDP in extra spending with no named funding source pulls hard the other way.
Filed by Pacto Histórico bench and the outgoing government — 60 signatories (22 senators, 38 representatives).
Most of the 60 signatures are from this bench, but no vote has been held.
SourcesConsultorsalud — new health reform filed, 21 July 2026Infobae — what the new health reform contains
20 Jul 20262026-2030
Expands financing mechanisms for micro and small enterprises, on the argument that more than 90% of Colombia's business fabric is small firms held back by barriers to formality.
Editorial impact
Likely raises the index
The most direct company-count lever on the page: seed capital and microcredit are the first rung of the ladder that ends in a listing, and Colombia's shortage is at that rung rather than at the top.
No vote held yet — filed by Centro Democrático.
SourcesEl Colombiano — seven economic bills opening the new Congress
20 Jul 20262026-2030
Creates a three-phase route for subsistence miners to become legal operations, with environmental compliance, mercury elimination, and mineral traceability through certificates of origin, including central-bank gold purchases from formalized operations.
Editorial impact
Likely raises the index
Converts informal operations into registered, bankable companies — it adds to the company count directly rather than raising the value of firms that already exist.
No vote held yet — filed by Centro Democrático.
SourcesEl Colombiano — seven economic bills opening the new Congress
20 Jul 20262026-2030
Implements the specialised agrarian courts created by constitutional reform, to resolve disputes over rural property, access, formalization and tenure. Resubmitted after failing on the Senate floor previously.
Editorial impact
Likely raises the index
Secure title is what a rural business pledges to borrow against, so settling land disputes converts land into collateral and collateral into the capital that lets a farm become a firm.
No vote held yet — filed by Senator Iván Cepeda (Pacto Histórico).
SourcesEl Colombiano — seven economic bills opening the new Congress
20 Jul 20262026-2030
Would cap cadastral valuations at 50% of commercial value, in response to sharp property-tax increases following contested reassessments.
Editorial impact
Neutral or mixed
Caps a fixed cost that small property-holding businesses pay whether or not they turn a profit, while narrowing the municipal revenue that funds local infrastructure — genuinely two-sided.
No vote held yet — filed by Centro Democrático (former president Álvaro Uribe).
SourcesEl Colombiano — seven economic bills opening the new Congress
20 Jul 20262026-2030
Would permanently prohibit exploration and exploitation of unconventional hydrocarbon reserves by hydraulic fracturing, as part of the energy-transition agenda. Earlier attempts failed at early legislative stages.
Editorial impact
Likely lowers the index
Closes a growth avenue for the handful of large hydrocarbon firms that dominate Colombia's market capitalisation, though it barely touches the company count — it hits one half of the index, not both.
Filed by Government (Ministries of Mines and Energy, and Environment).
Backing the bill publicly; no vote has been held.
SourcesEl Colombiano — seven economic bills opening the new Congress
20 Jul 20262026-2030
Seeks roughly 23 trillion pesos to close the fiscal deficit, with the government stating the heaviest burden falls on higher-income individuals and companies, including assets held in tax havens. Filed with an urgency designation.
Editorial impact
Likely lowers the index
Taxes both the retained earnings that fund company growth and the investors who back new firms, hitting the formation pipeline as well as valuations — though closing the deficit would cut sovereign risk.
No vote held yet — filed by Government (Ministry of Finance).
SourcesEl Colombiano — seven economic bills opening the new Congress
Legislative record · 03
16 Oct 20252022-2026
Approves a 546.9-trillion-peso budget, the largest in Colombian history and about 7% above 2025. It counted 16.3 trillion pesos of revenue from a financing law that Congress went on to reject in December, leaving the gap unfunded.
Editorial impact
Likely lowers the index
Funding the largest budget on record with revenue Congress then refused to approve widens the deficit, and the borrowing costs that follow are felt first by the small firms with the weakest access to credit.
Senate plenary, 16 Oct 2025, after adopting the Chamber text (74–24)50 for · 24 against
No per-party roll call was published (re-checked Aug 2026). Even the aggregate differs: the tally shown is the Senate's own release (50–24), chosen over the 50–27 the press reported — the discrepancy is disclosed rather than hidden. Reporting attributes the broad support to the alternative of the government issuing the budget by decree.
Infobae describes the bench's open resistance at the final vote — but at first debate the opposition had backed the reduced amount precisely to avoid a budget-by-decree, and neither vote's roll call is published.
Infobae reports resistance from "some sectors" of the bench; Senator Angélica Lozano publicly called the budget electoral-season pork ("mermelada"), but her individual vote is not on record.
Rapporteur John Jairo Roldán authored the winning Senate proposition, and the Pares analysis calls Liberal, Conservador and La U support decisive — an analysis, not a roll call.
Named by the Pares analysis as part of the decisive supporting bloc; no roll call published.
Named by the Pares analysis as part of the decisive supporting bloc; no roll call published.
Governing-coalition rapporteur Aída Avella defended the 546.9-trillion amount on the floor; no roll call published.
SourcesForbes Colombia — Senate approves the 2026 budgetCámara de Representantes — 546.9 trillion pesos approvedSenado — budget approved (official release, 50–24)Infobae — final approval and bench resistance, 16 October 2025Pares — how the 2026 budget got the votes
Ley 2518 de 2025
26 Aug 20252022-2026
Strengthens Ley 1616 of 2013 and the national mental health policy: updated clinical protocols, guaranteed access to services and medication, priority for vulnerable groups, and coordination across public, private, educational and community institutions.
Editorial impact
Likely raises the index
Mental illness takes working-age people out of the economy for years at a time, so treating it keeps founders, employees and customers active — population is what builds the companies in the numerator, not just the number underneath.
No roll call published for this law.
SourcesMinSalud — full text of Ley 2518 de 2025 (PDF)SUIN-Juriscol — Ley 2518 de 2025
Ley 2381 de 2024
28 Jun 20252022-2026
Replaces the competing public/private system with four pillars, routing most contributions to the public fund Colpensiones. The Constitutional Court found a procedural defect and ordered the Chamber to repeat the debate, which it did on 28 June 2025; the law remained suspended at the close of 2025.
Editorial impact
Likely lowers the index
Draining the private pension funds removes both the largest domestic buyers of listed equity and the anchor investors an IPO needs, which narrows the exit that turns a private company into a public one — it hits both halves of the index at once.
Chamber of Representatives plenary, extra session, 28 June 2025104 for · 9 against
Infobae names the bench among those backing the text; María del Mar Pizarro presented the approved substitutive motion.
Named by Infobae among the benches backing the text.
Named by Infobae among the benches backing the text.
Named by Infobae among the benches backing the text — though Juan Carlos Wills (Conservador) moved to reopen article-by-article debate, rejected 100–11; a procedural motion, not a recorded no.
Named by Infobae among the benches backing the text.
Named by Infobae among the benches backing the text.
Boycotted the session, calling the convocation improvised and procedurally irregular (El Espectador); denounced new irregularities (Infobae).
Boycotted the session, saying no formal Constitutional Court notification had been received (El Espectador).
The nominal roll call — who the 9 no votes were — lives in Acta 257's Gaceta text, which is not indexed online; outlets even differ on the aggregates (104–9 vs 104–10; 97–0 vs 97–1). Official Cámara figures shown. Re-checked Aug 2026.
SourcesCámara de Representantes — Chamber re-approves pension reform on Court orderInfobae — pension reform officially law, 29 June 2025El Espectador — Centro Democrático and Cambio Radical announce boycott
Ley 2466 de 2025
25 Jun 20252022-2026
Moves the night-shift premium back to 7:00 p.m., raises Sunday and holiday pay to 100% in stages through 2027, makes the open-ended contract the default form of hiring, and converts SENA apprenticeships into full employment contracts.
Editorial impact
Likely lowers the index
The added cost per employee lands hardest on the smallest and youngest firms — the pool every future public company is drawn from — and the SENA change specifically prices up a startup's first hires.
Senate plenary, fourth and final debate (17 June 2025)57 for · 31 against · 28 not voting
Roldán co-authored the report that carried the bill.
Senate president Cepeda voted against; the rest of the bench isn't in the published record.
Senator Carlos Fernando Motoa carried the motion that struck Article 63, but the bench's final vote isn't published.
SourcesSenado de la República — Senate approves labor reformInfobae — how the Senate voted, 18 June 2025Función Pública — full text of Ley 2466 de 2025
Acto Legislativo 01 de 2025
6 Feb 20252022-2026
Amends the Constitution to guarantee the right to adequate food, with an intercultural and territorial focus.
Editorial impact
Neutral or mixed
Childhood nutrition is the cheapest human capital a country can buy and it compounds for decades into the workforce that staffs and founds companies — though with no funding mechanism attached, the right is declared rather than delivered.
Constitutional amendments require eight debates; per-party records weren't published for this one.
Ley 2475 de 2025
20252022-2026
Bars banks and insurers from using a past cancer diagnosis against people who have completed treatment, when pricing or refusing financial products.
Editorial impact
Likely raises the index
A survivor refused a loan cannot start or scale a business, so restoring credit access puts working-age people back into the founder pipeline — a small population, but exactly the channel the company-count half of the index depends on.
No roll call published for this law.
Ley 2452 de 2025
20252022-2026
Replaces the procedural code governing labour and social-security disputes, modernising how those cases move through the courts.
Editorial impact
Neutral or mixed
A predictable, faster dispute process lowers a fixed legal cost that a ten-person firm feels far more than a listed one, which slightly lowers the risk of taking on the first employees.
No roll call published for this law.
Legislative record · 04
Notable bills that died — archived in committee, expired unscheduled, or withdrawn. Most failed bills in Colombia never get a floor vote, so several entries have no tally: that is the record, not a gap. Scores say how each would have moved the index had it passed.
PL 300/2024C · 245/2024S
11 Dec 20242022-2026
The finance ministry's package to raise about COP 12 trillion — later trimmed to ~9.8 — in new taxes, including on energy and fuels, to close the 2025 budget gap. The joint economic commissions archived it in first debate; the 2025 budget was then enacted by decree, underfunded.
Editorial impact
Likely lowers the index
Roughly COP 12 trillion in new business and energy taxes cuts directly against the market-value and company-pipeline levers — the manifesto's own thesis is that a bigger economy, not a bigger take, funds the state. The budget hole its death left was real, but so would have been the drag.
Filed by Government (Petro) — Ministry of Finance.
Announced and voted as a bloc for archiving (Semana).
Announced and voted as a bloc for archiving (Semana).
Named by Semana as one of the parties key to the archiving.
Named by Semana as one of the parties key to the archiving.
Government bench defended the package; no consolidated tally of the commissions' vote was published.
SourcesSenado — economic commissions archive the financing lawSemana — the four parties key to the sinkingCámara — no consensus reached on the financing law
PLE 224/2023C · 274/2024S
20 Jun 20242022-2026
A statutory law making education an enforceable fundamental right, with progressive universalization from preschool to higher education. It cleared three of four debates, then died on 20 June 2024 when the Senate plenary never scheduled the final one before the legislature closed — a statutory law must finish within a single legislature.
Editorial impact
Likely raises the index
Education is the slowest but surest company-pipeline lever: universalizing it grows the founders, engineers and customers who build the numerator. Statutory financing obligations carry real fiscal weight, which holds the score to moderately positive.
Filed by Government (Petro) — Ministry of Education.
Sunk without a floor vote. The concerted text that had won opposition support in committee split into three competing ponencias after the government bench abandoned it, and the plenary never voted.
SourcesEl Tiempo — the education statutory law is officially sunkLa Silla Vacía — why the education statutory law sank
PL 339/2023C · 216/2024S
3 Apr 20242022-2026
The government's structural health overhaul: phase out the EPS insurers as intermediaries in favor of state-run primary-care centres (CAPS) and direct public payment through ADRES. It passed the full Chamber in December 2023, then the Senate's Seventh Committee archived it citing missing fiscal backing.
Editorial impact
Likely lowers the index
Universal primary care protects the working population — the people lever — but dismantling the EPS layer without a proven replacement payment system risks years of transition disruption for every firm and worker that depends on a functioning health market; the committee archived it precisely over unfunded sustainability.
Senate Seventh Committee — 9–5 vote to archive5 for · 9 against
Filed by Government (Petro) — Ministry of Health.
Voted to archive in committee.
Voted to archive in committee.
Voted to archive in committee.
Voted to archive in committee.
Voted to archive in committee.
Voted to archive in committee.
Voted to archive in committee.
Committee minority against archiving; Wilson Arias led the defense of the bill.
SourcesSenado — health reform archived in Seventh CommitteeInfobae — the 9–5 archive vote, 3 April 2024Vanguardia — named committee votes to archive
PL 288/2023S
20 Jun 20232022-2026
The judicial pillar of the Paz Total policy: a framework for organized-crime structures (Clan del Golfo, urban gangs) to submit collectively to ordinary justice and dismantle, trading reduced sentences for asset surrender. Filed March 2023, it lapsed on 20 June 2023 without ever receiving its first committee debate.
Editorial impact
Neutral or mixed
Dismantling the armed structures that extort, tax and displace formal business would improve the ground conditions for the index — secure property is a precondition for founding and listing companies. Uncertain effectiveness and generous terms keep it only just above neutral.
Filed by Government (Petro) — Ministry of Justice.
Lapsed when the 2022–2023 legislature ended with no first debate — no vote was ever held, so no stance is on any record.
SourcesCongreso Visible — PL 288/2023S file (ley de sometimiento)El Tiempo — what happened to the submission law
23 Mar 20232022-2026
A constitutional overhaul of the electoral system — closed party lists and campaign-finance changes — that accumulated self-serving amendments ("micos", including extra state financing benefiting sitting legislators) as it advanced. The government withdrew it in March 2023, five debates in; its own champion publicly tore up the text.
Editorial impact
Neutral or mixed
Cleaner electoral rules could have lengthened political horizons — the manifesto's core complaint — but the text as withdrawn carried amendments that entrenched incumbents; in that form it promised little for the index in either direction.
Filed by Government (Petro).
Withdrawn by its own sponsors mid-passage; no archiving vote occurred, so no bench stance is on the record.
SourcesEl Tiempo — how the political reform sankSemana — Barreras asks the government to withdraw the reform