Nicholas Acosta Pina died after doctors at a local hospital were unable to save him due to the severity of his wounds, Colombia Reports said.
Police arrested a 16-year-old boy who reportedly confessed to the stabbing.
The teen said he was under the influence of marijuana at the time.
He has been sent to a correctional center until a formal ruling can be made in the case, a judge said.
The judge noted the suspect has a criminal record that includes charges of assault and illegal drug possession.