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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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The Economist Intelligence Unit

Country Forecast Colombia November 2017 Updater

  • $ 559
  • Country report
  • November 2017
  • by The Economist Intelligence Unit

The president, Juan Manuel Santos of the centre-right Partido Social de Unidad Nacional, and his successor, who will take office in August 2018, will focus on implementing a peace agreement with the leftist ...

  • Countries : Colombia

Oxford Economics

By Country Industry Forecasts > Colombia

  • $ 220
  • Country report
  • September 2017
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Colombia

MarketLine

City Profile - Bogota; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

  • $ 250
  • Country report
  • July 2017
  • by MarketLine

City Profile - Bogota; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retailSummaryBogota is the capital ...

  • Countries : Colombia

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