Bogota has 6th largest economy of any LatAm city
A new survey shows that Bogota has the sixth largest economy of any city in Latin America, reports Portfolio.com. The Colombian capital came in at sixth place (or seventh with…
A new survey shows that Bogota has the sixth largest economy of any city in Latin America, reports Portfolio.com. The Colombian capital came in at sixth place (or seventh with…
Colombia’s foreign debt stood at $53.31 billion in November last year, equivalent to 23.1% of GDP, according to new Central Bank statistics. This is the highest level since 2006, when…
Colombia’s oil exports were worth $10.27 billion in 2009, up from $6.33 billion in 2006, according to a government report released Monday. The Ministry of Mines and Energy said that…
Colombia’s unemployment rate hit 14.6% in January, its highest level for that month since 2004, according to new figures from statistics agency DANE. In the first month of this year…
The Central Bank of Colombia’s key interest rate at 3.5% stimulates economic growth, the bank’s seven board members said when they decided to keep the rate unchanged during their last…
Colombia’s peso bonds rose, pushing yields to a one-week low, and the peso gained after the government said it would reduce spending this year to contain a widening budget deficit.…
Colombia’s economy grew 2% in the last quarter of 2009, pulling the country out of the recession that followed the global economic crisis, independent economic institute Fedesarollo announced on Tuesday.…
Colombia’s foreign debt increased both in absolute terms and as a percentage of the gross domestic product (GDP), due to increased government debt. Total foreign debt rose to US$51.2 billion,…
The economy of Colombia has emerged from recession in the third quarter due to a resurgence in sectors such as trade and industry, as well as a greater dynamism in…