Colombia is the fourth largest ꦛeconomy 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 beverage industry is one of the largest sect♈ors 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. 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 end-2019. Despite the positive ...

Colombia was the fourth-largest pharmaceutical market inꦬ Latin America in terms of sales volume in 2018, with a large and growing population, a universal but underfunded social security healꦚth 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. T🎐hi⛦s 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 c𝕴ollective action. This strategy required steadily growing public expenditure on h𒁏ealth 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 n🍎atural 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 COP๊ 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 export𝐆 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 agricult♉ure, 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, supported by the ...