
Trade Finance In Wartime
The huge drop-off in trade involving Russia and Ukraine has hit trade finance hard.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Colombia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Colombia best banks and safest banks are also available.
Former guerrilla rebel Gustavo Petro pledged ambitious reforms in pensions, taxes, labor and health care on the campaign trail.
USD 47.9 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Intl$ 744.7 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
6.8% | 3.3% | 1.2% | 4.3% | 7.4% | 3.9% | 4.6% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
4.7% | 3% | 2.1% | 1.4% | 2.7% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.62% | 0.63% | 0.55% | 0.56% | 0.55% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
5% | 7.5% | 4.3% | 3.2% | 3.6% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
8.9% | 9.2% | 9.4% | 9.7% | 9.7% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
50.4% | 49.8% | 49.5% | 52.2% | 51% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-3.5% | -2.4% | -2.6% | -2.7% | -1.7% |
*Estimate
Standard & Poor's: BBB-
Moody's: Baa2
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
USD 103.8 billion | USD 121.5 billion | USD 103.8 billion |
Ecopetrol, Grupo Aval, Bancolombia, Banco Davivienda, Grupo Bolivar, Grupo De Inversiones Suramericana
-4.0 % (2018 estimate)
15.9% (2018)
0.21% (2018)
0.16% (2018)
Petroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel
Industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity
US 28.5%, Panama 8.6%, China 5.1% (2017)
US 26.3%, China 19.3%, Mexico 7.5%, Brazil 5%, Germany 4.1% (2017)
2016 | 2017 | 2018 |
USD 13,850 million |
USD 13,836 million |
USD 11,010 million |
2016 | 2017 | 2018 |
USD 4,517 million | USD 3,690 million | USD 5,122 million |
2015 | 2016 | 2017 | 2018 |
USD 2,033 million | USD 1,311 million | USD 314 million | USD 35 million |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
67 out of 190 countries
Subcategories:
Starting a Business: 95 out of 190 countries
Dealing with Construction Permits: 89 out of 190 countries
Getting Electricity: 82 out of 190 countries
Registering Property: 62 out of 190 countries
Getting Credit: 11 out of 190 countries
Protecting Minority Investors: 13 out of 190 countries
Paying Taxes: 148 out of 190 countries
Trading across Borders: 133 out of 190 countries
Enforcing Contracts: 177 out of 190 countries
Resolving Insolvency: 32 out of 190 countries
57 out of 141 countries
(2019)
Ranking: 49 / Score: 67.3 (Moderately free)
(100=totally free 0=totally repressed)
Roman Catholic 79%, Protestant 14% (includes Pentecostal 6%, mainline Protestant 2%, other 6%), other 2%, unspecified 5% (2014 est.)
1990 | 2000 | 2010 | 2015 | 2020* |
34.13 million | 40.3 million | 45.51 million | 48.2 million | 50.89 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
46.3% | 63.7% | 74% | 80.8% |
Total population: 94.7%
Male: 94.4%
Female: 94.9%
Definition: age 15 and over can read and write (2016 est.)
10.8% (last available estimate, 2017)
49.7 (last available estimate, 2017)
Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 14%
Mobile: 129.9%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)