Economy of Colombia

Imports
Imports commoditiesindustrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity
Import partnersUS 24.2%, China 16.3%, Mexico 10.9%, Brazil 4.8% (2012)
Exports
Exports commoditiespetroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel
Export partnersUS 36.6%, China 5.5%, Spain 4.8%, Panama 4.7%, Venezuela 4.4%, Netherlands 4.1% (2012)
Economy sectors
Agriculture productscoffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; shrimp; forest products
Industrial productstextiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds
Economy
Unemployment9.70 % (2013)10.4 % (2012)10.8 % (2011)
Unemployment of Colombia
GDP - Official Exchange Rate369 Billion $ (2013)364 Billion $ (2012)335 Billion $ (2011)
GDP - Official Exchange Rate of Colombia
GDP growth rate4.20 % (2013)4.00 % (2012)5.90 % (2011)
GDP growth rate of Colombia
GDP per Capita (PPP)11,100 $ (2013)10,700 $ (2012)10,400 $ (2011)
GDP per Capita (PPP) of Colombia
GDP - Purchasing Power Parity527 Billion $ (2013)497 Billion $ (2012)480 Billion $ (2011)
GDP - Purchasing Power Parity of Colombia
GDP PPP per land area462 Thousand $ per square kilometer (2013)437 Thousand $ per square kilometer (2012)421 Thousand $ per square kilometer (2011)
GDP PPP per land area of Colombia
ElectricityBanking
Central bank discount rate4.75 % (2011)5.00 % (2010)3.00 % (2010)
Central bank discount rate of Colombia
Commercial bank prime lending rate11.0 % (2013)12.6 % (2012)11.2 % (2011)
Commercial bank prime lending rate of Colombia
GDP decomposition by sector
Agriculture % of GDP6.60 % (2013)6.50 % (2012)
Industry % of GDP37.8 % (2013)37.6 % (2012)
Services % of GDP55.6 % (2013)55.9 % (2012)
Tourism
International tourism, number of arrivals2.18 Million (2012)2.04 Million (2011)1.41 Million (2010)
International tourism, number of arrivals of Colombia
International tourism, number of departures3.17 Million (2012)2.52 Million (2011)2.34 Million (2010)
International tourism, number of departures of Colombia
Yearly Tourist arrivals to residents ratio4.81 % (2012)4.57 % (2011)3.03 % (2010)
Yearly Tourist arrivals to residents ratio of Colombia
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)39.6 % of GDP (2013)40.5 % of GDP (2012)43.4 % of GDP (2011)
Public debt (Percentage of GDP) of Colombia
Current Account Balance (Percentage of GDP)-3.27 % of GDP (2012)-2.93 % of GDP (2011)-3.11 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Colombia
External Debt Stocks (Percentage of GNI)22.4 % of GNI (2012)24.0 % of GNI (2011)23.2 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Colombia
Short-term debt (percentage of total external debt)13.5 % of total external debt (2012)13.8 % of total external debt (2011)12.4 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Colombia
Current Account Balance (Total)-11.02 Billion $ (2013)-12.17 Billion $ (2012)-9.98 Billion $ (2011)
Current Account Balance (Total) of Colombia
External Debt (Total)85.8 Billion $ (2013)80.7 Billion $ (2012)70.0 Billion $ (2011)
External Debt (Total) of Colombia
External Debt (Percentage of GDP)23.2 % of GDP (2013)22.2 % of GDP (2012)20.9 % of GDP (2011)
External Debt (Percentage of GDP) of Colombia
External Debt per Capita1,876 $ (2013)1,784 $ (2012)1,566 $ (2011)
External Debt per Capita of Colombia