Colombia is the fourth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by p🐓opulation, 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 G꧟VA rose at a CAGR of 2.03%, boosted by growing domestic demand and higher household incomes. The best-performing segment ...

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

Colombia was the fourth-largest pharmaceutical market in Latin America in terms of sales volume in 2018, with a large and growing popꦚulation, a un𝓰iversal 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 beloꦰw countries with similar population levels, such as Argentina 🍨and Venezuela. This is mainly a result 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 gro꧟wing 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 the 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 growth in 2018. The information and communications sector’s 🍨GVA increased 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 of the largest and fastest-growing manufacturing and export hubs for motor vehicles. 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. Between 2013 and 2018, the sector’s GVA rose at a CAGR of 4.2% in real terms, support𒅌ed by 𝄹the ...