Colombia is the fourth largest economy in Latin America in terms of🐭 nominal GDP, 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 bevera❀ge industry is one of the largest sectors in the Colombian economy. Between 20𝓡14 and 2019, the sector’s GVA 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 premiums 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 population, a universal but underfunded social security health insurance system, and a sm𓆏all but rapidly developing ...

In 2018, Colombia was the sixth largest power generator in La♓tin America, ranking below 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 dꦓecades, La🦋tin 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 natu♏ral 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, ജ...

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 Oce🌊ania, Latin ...

In 2018, Colombia’꧑s agriculture, livestock, forestry, hunting a♐nd 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, supported by the ...