Gustavo Petro leads at 51.5% due to Colombia’s fixed presidential term ending with successor inauguration on August 7, 2026, after the May–June elections, creating a scheduled exit independent of approval ratings. Keir Starmer follows at 30.5% amid sustained negative favorability near –45, recent local election setbacks, and internal Labour pressure for resignation that could accelerate departure before the 2029 deadline. Díaz-Canel sits at 7.8% amid Cuba’s deepening economic strains and reported U.S. sanctions, though centralized control limits near-term removal odds. Remaining candidates trade below 2% as their institutional positions, term structures, or coalition dynamics show fewer immediate catalysts for ouster before 2027. Trader pricing reflects these structural timelines and polling-driven volatility rather than guaranteed outcomes.