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Colombia

Colombia experienced accelerating growth between 2002 and 2007, chiefly due to advancements in domestic security, to rising commodity prices, and to President URIBE's promarket economic policies. Foreign direct investment reached a record $10 billion in 2008. A series of policies enhanced Colombia's investment climate: President URIBE's pro-market measures; pro-business reforms in the oil and gas sectors; and export-led growth fueled mainly by the Andean Trade Promotion and Drug Eradication Act. Inequality, underemployment, and narcotrafficking remain significant challenges, and Colombia's infrastructure requires...  More..

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Economy of Colombia
SOURCE: CIA - The World Factbook
Currency Cop
Fiscal Year 01 January - 31 December
GDP (PPP) $401 billion (2009 est.)
GDP (per capita) $9,200 (2009 est.)
Exports $31.34 billion (2009 est.)
Imports $31.67 billion (2009 est.)
Main Industries Textiles, Food Processing, Oil, Clothing and Footwear, Beverages, Chemicals, Cement; Gold, Coal, Emeralds
Exports - Commodities Petroleum, Coffee, Coal, Nickel, Emeralds, Apparel, Bananas, Cut Flowers
Imports - Commodities Industrial Equipment, Transportation Equipment, Consumer Goods, Chemicals, Paper Products, Fuels, Electricity
Exports Partners US 38%, Venezuela 16.2%, Ecuzador 4% (2008)
Imports Partners US 29.2%, China 11.5%, Mexico 7.9%, Brazil 5.9% (2008)

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