Colombia has a thriving market economy based primarily on oil, mining, agriculture, and manufacturing. The country's GDP in 2019 was US$370 billion and per capita GDP was US$7,698, placing it as a middle-income country.
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Colombia
Country in South America
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Colombia, officially the Republic of Colombia, is a country primarily located in South America with insular regions in North America. Wikipedia
GDP growth rate: 7.3% annual change (2022)
Gross domestic product: 343.6 billion USD (2022)
GDP per capita: 6,624.17 USD (2022)
Gross national income: 1.01 trillion PPP dollars (2022)
GNI per capita: 19,470 PPP dollars (2022)
Internet users: 72.8% of the population (2022)
Currency: Colombian Peso
Source: World Bank
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product and the third-largest economic power in South America.
Economic Survey of Colombia (February 2022) Colombia's economy has recovered remarkably well from the COVID-19 crisis, and strong fiscal and monetary policy ...
Apr 3, 2024 · The economy is projected to expand 1.3 percent in 2024. Colombia is a country of large social and territorial inequalities. To reduce ...
Colombia's economy in numbers: Nominal GDP of USD 344 billion in 2022. GDP per capita of USD 6,659 compared to the global average of USD 10,589. Average real ...
Colombia's economic freedom score is 59.2, making its economy the 84th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 3.9 points ...
The modern economy is much more broadly based, with the exploitation of hydrocarbon fuels and several metals, agricultural production, and the manufacture of ...
May 8, 2024 · Economic and political instability could spell trouble for growth. However, the government has a new chance to put the country back on track.
Mar 7, 2024 · The Banco de la República will adjust its rate to 7.00% by December 2024 and 5.50% by mid-2025, where it will stabilize for an extended period.
May 7, 2024 · President Gustavo Petro should adopt a steadier hand on domestic issues and a more cooperative stance toward international investment.