Petro's approval plummets to 36.5%, ranking among Latin America's five worst-rated leaders

Petro's declining domestic legitimacy weakens Colombia's regional influence and negotiating position on issues like drug trafficking, migration, and trade. His lame-duck status (nearing term end) reduces his ability to shape regional agendas, potentially creating a power vacuum that neighboring countries or internal factions may exploit.

Similar to Dilma Rousseff's final months in Brazil (2016) or Mauricio Macri's declining approval in Argentina (2019)—weak presidents facing institutional challenges and reduced capacity to govern effectively, sometimes leading to political crises or policy reversals.

Low approval ratings typically precede policy instability and reduced consumer confidence. Households may increase precautionary savings, reduce consumption, and delay major purchases due to economic uncertainty. Currency depreciation risks could increase import prices, affecting household purchasing power.

Declining approval weakens Petro's political capital for implementing economic reforms or securing congressional support for fiscal measures. Potential for policy reversals or gridlock. Central bank may face pressure regarding monetary policy independence. Successor administration could reverse current economic policies, creating transition uncertainty.