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Colombia

Colombia : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$54.7 billion (2011 est.)
$37.51 billion (2010 est.)

Exports

$56.22 billion (2011 est.)
$39.55 billion (2010 est.)

Inflation rate (consumer prices)

3.4% (2011 est.)
2.3% (2010 est.)

Unemployment rate

10.8% (2011 est.)
11.8% (2010 est.)

GDP - per capita (PPP)

$10,400 (2011 est.)
$9,900 (2010 est.)
$9,600 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

4.4% (2010 est.)
0.8% (2009 est.)
2.7% (2008 est.)

Internet users

22.538 million (2009)

Telephones - mobile cellular

43.405 million (2009)

Population growth rate

1.128% (2012 est.)

Population

45,239,079 (July 2012 est.)

Historical background

Colombia was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others are Ecuador and Venezuela).

A four-decade long conflict between government forces and anti-government insurgent groups, principally the Revolutionary Armed Forces of Colombia (FARC) heavily funded by the drug trade, escalated during the 1990s.

The insurgents lack the military or popular support necessary to overthrow the government, and violence has been decreasing since about 2002.

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Colombia

Economic overview

The SANTOS administration has highlighted five "locomotives" to stimulate economic growth: extractive industries; agriculture; infrastructure; housing; and innovation.

Colombia is third largest exporter of oil to the United States.

President SANTOS, inaugurated in August 2010, introduced unprecedented legislation to better distribute extractive industry royalties and compensate Colombians who lost their land due to decades of violence.

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ISA

Colombia - ISA Country Report

  • $ 99
  • Country report
  • May 2017
  • by ISA

This report contains detailed forecasts and analysis for Colombia, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Colombia

Oxford Economics

Country Economic Forecasts > Colombia

  • $ 163
  • Country report
  • March 2017
  • by Oxford Economics

GDP grew by 2.0% in 2016, slightly less than we had expected (2.1%), and data for economic activity and industrial output show an economy starting the new year on a weak footing. However, we still expect ...

  • Countries : Colombia

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