After decelerating from a growth rate of 6.9% in 2007 to 1.7% in 2009, the Colombian economy recovered well and has been posting growth in excess of 4.0% since 2010. A booming mining sector was key to this performance. Growth resulted in the unemployment rate falling to single digits by the first half of 2013. The unemployment rate averaged 9.7% in 2013 and fell further to 9.2% by mid-2014
Features and benefits
* Understand how Colombia can be used to plan business investments or market entry through a holistic view of the country. * Gain an understanding of the political situation in Colombia, including key figures in the country and governance indicators. * Understand customer demographics in Colombia through analysis of income distribution and the rural-urban split, as well as healthcare and education.
The PESTLE analysis of Colombia identifies issues that affect the country's performance using the strengths, weaknesses, opportunities, and threats (SWOT) framework. The political landscape section discusses the evolution of the political scenario in Colombia, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators. The economic landscape section outlines the evolution of Colombia's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
Your key questions answered
* How does Colombia perform in terms of technology-intensive sectors like telecoms and IT, patents, and R&D expenditure trends? * What is the legal structure in Colombia and are the laws conducive to investment? * How does Colombia perform in terms of environmental indicators and its environmental policies? * How does Colombia perform in terms of healthcare, income distribution, and education?
Table Of Contents
Country Analysis Report: Colombia, In-depth PESTLE Insights OVERVIEW Catalyst Summary Key findings PESTLE highlights Key fundamentals KEY FACTS AND GEOGRAPHIC LOCATION Key facts Geographical location PESTLE ANALYSIS Summary Political analysis Overview Current strengths Current challenges Future prospects Future risks Economic analysis Overview Current strengths Current challenges Future prospects Future risks Social analysis Overview Current strengths Current challenges Future prospects Future risks Technological analysis Overview Current strengths Current challenges Future prospects Future risks Legal analysis Overview Current strengths Current challenges Future prospects Future risks Environmental analysis Overview Current strengths Current challenges Future prospects Future risks POLITICAL LANDSCAPE Summary Evolution Structure and policies Key political figures Structure of government Key political parties Composition of government Key policies Performance Governance indicators Outlook ECONOMIC LANDSCAPE Summary Evolution Structure and policies Financial authorities and regulators Banking sector Stock markets Performance GDP and growth rate Fiscal situation Exports and imports Current account Debt situation International investment position Credit rating Monetary situation Employment Outlook SOCIAL LANDSCAPE Summary Evolution Structure and policies Demographic composition Education Healthcare Social welfare Performance Healthcare Education Income distribution Outlook TECHNOLOGY LANDSCAPE Summary Evolution Structure and policies Innovation governance Intellectual property Performance Telecommunications RandD expenditure Outlook LEGAL LANDSCAPE Summary Evolution Structure and policies Judicial system Legislation affecting business Tax regulations Labor laws Trade regulations Performance Effectiveness of the legal system Outlook ENVIRONMENTAL LANDSCAPE Summary Evolution Structure and policies Environmental regulations Participation in global efforts, agreements, and pacts Performance Environmental impact Outlook APPENDIX Ask the analyst Disclaimer