Colombia is the fourth largest economy in La🎉tin America in terms of nominal GD🤡P, and the third largest in the region by population, with 50.4mn people as of December 2019. During 2014-2019, the wholesale, retail and repair sector performed well, with ...

The food and beverage industry is one of the largest sectors in the Colombian economy. Between 2014 and 2019, the sector’s GVA rose at a CAGR of 2.03%, boosted by growing domestic demand and higher household incomes.𒆙 The best-performing segment ...

During each year of the 2008-2019 period, written premiums in Colombia’s insurance sector grew faster than the country’s GDP. As a result, penetration levels have grown continually, reaching 2.84% at endꦆ-2019. Despite the positive ...

Colombia was the fourth-largest pharm🍒aceutical market in Latin America in terms of sales volume in 2018, with a large and growing population, a ꦐuniversal but underfunded social security health insurance system, and a small but rapidly developing ...

In 2018, Colombia was the sixth largest power generator in Latin America, ranking below countries with similar population levels, such as Argentina and Venezuela. This is mainly a resul✨t of the wide disparities in electricity coverage between large ...

In the past two decades, Latin America has embraced a universal health strategy, based on the principles of equity, solidarity and collective action. This strategy required steadily 🍸growing public expenditure on health in order to guarantee universal ...

At the end of 2018, Latin America and the Caribbean accounted for 19.2% of the world’s crude oil reserves and for 4.3% of natural gas, making the region among t൩he prominent players in the global oil and natural gas industry. However, a lack of ...

After a weak financial performance in the 2016-2017 period, Colombia’s ICT sector returned to grow💞th in 2018. The information and communications sector’s GVA incre𒊎ased by 3% y/y in 2018, reaching COP 24.5tn or 2.9% of total GDP, ...

In 2018, Latin America consolidated its position as one oꦗf the largest and fastest-growing manufacturing and export hubs for motor vehi♍cles. Amidst the sharp downturn of both production and sales of motor vehicles in Europe, Asia and Oceania, Latin ...

In 2018, Colombia’s agriculture, livestock, forestry, hunting and fisheries sector accounted for 6.3% of the country’s GDP. Be𝕴tween 2013 and 2018, the sector’s GVA rose at a CAGR of 4.2% in real terms, supported by the ...