Imports$54.7 billion (2011 est.)
Exports$56.22 billion (2011 est.)
Inflation rate (consumer prices)3.4% (2011 est.)
Unemployment rate10.8% (2011 est.)
GDP - per capita (PPP)$10,400 (2011 est.)
National product real growth rate4.4% (2010 est.)
Internet users22.538 million (2009)
Telephones - mobile cellular43.405 million (2009)
Population growth rate1.128% (2012 est.)
Population45,239,079 (July 2012 est.)
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....
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....
The Economist Intelligence Unit
The president, Juan Manuel Santos of the centre-right Partido Social de Unidad Nacional, will press on with ambitious reforms until his second term ends in 2018, supported by a coalition that controls ...
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 ...
Introduction 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 secto ...
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