Colombia dropped five places to number 66 in the World Economic Forum’s 2017/2018 global competitiveness ranking. The country is now considered Latin America’s fifth most competitive country falling behind Chile,…
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Colombia will use $980 million in fines paid by two mobile phone operators to pre-finance budgetary needs for next year, Finance Minister Mauricio Cardenas said on Wednesday. In July, a…
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Colombia’s President Juan Manuel Santos confirmed on Monday that he aims to secure an expansion of economic ties with Cuba during his visit to the Caribbean country this week. The…
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GDP GDP per sector GDP growth rate GDP per capita (constant $2000) GDP per capita growth State contribution to national GDP Colombia GDP statistics was last modified: April 15th, 2017…
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Foreign direct investment (FDI) in Colombia has grown more than 500% since 2001, mainly pushed by the oil and mining industry in the country. Colombia FDI statistics was last modified:…
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Colombia has traditionally been one of Latin America’s most unequal countries with the highest poverty and inequality rates in the region. Colombia poverty and inequality statistics was last modified: April…
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Unemployment rate Labor participation rate Colombia’s labor force
Mining could become Colombia’s economic growth engine with investments of at least $1.5 billion a year over the next five years if the government guarantees legal certainty to businesses, the…
Medellin is Colombia second largest city and the country’s second largest economy.
Following massive spikes in the 1990s, Colombia’s inflation rate has been relatively stable over the past 15 years. Coming from a 19% inflation rate, the subsequent administrations of Andres Pastrana (1998-2002),…