Colombia FlagColombia

Liberty And Order

 

General


Population: 46,245,297 (2014), 45,745,783 (2013)
Land Area: 1,138,700 sq km
Natural Resources: Petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower
Capital: Bogota
Political System: Republic
State Leader: Juan Manuel Santos Calderon (August 7th 2010)
Languages: Spanish
Currency: Colombian Peso (COP)
Major Religions: Roman Catholic 90%, Other 10%
Major Ethnicities: Mestizo 58%, Caucasian 20%, Mulatto 14%, African 4%, Mixed African-Amerindian 3%, Amerindian 1%
Life Expectancy: 75.25 years (2014), 75.02 years (2013)

Economy


GDP Official Exchange Rate: 369.2 billion (2013), 365.4 billion (2012)
GDP Purchasing Power Parity: 526.5 billion (2013), 500 billion (2012)
GDP Per Capita (PPP): 11,100 (2013), 10,700 (2012)
GDP Growth Rate: 4.2% (2013), 4.3% (2012)
GDP Structure: Agriculture 6.6%, Industry 37.8%, Services 55.6% (2013)
Labour Force By Occupation: Agriculture 18%, Industry 13%, Services 68% (2011)
Industries: Textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds
Agriculture Products: Coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp
Human Development Index: 0.719 (91st)
Tourism Revenue: 1.34 billion (2004)
Unemployment Rate: 9.7% (2013)

MilitaryColombia Map


Army Size: 207 000 (2004)
Budget: 3.4% of GDP (2005)

Current Situation

 

Colombia is located in South America, Colombia is bordered by Venezuela, Brazil, Ecuador, Peru and Panama. Colombia has been plagued by political violence since the 1960s, but in recent years the violence has been decreasing. Colombia has a strong economy the 4th largest in South America, the economy finds its strength in abundant natural resources and a highly literate population. An election is currently in process with a second round run-off coming up soon, Juan Manuel Santos looks set to win and he will most likely continue on the same path as Alvaro Uribe in terms of policies.

(2014) Colombia's economic growth should continue to be steady as the President Juan Manuel Santos was successfully reelected in 2014. Peace talks with the major insurgent groups are continuing to progress.

Thoughts & Comments

 

Sources

CIA World Factbook: Colombia
The Economist: The World In 2014
Wikipedia: Colombia
http://hdrstats.undp.org/en/countries/profiles/COL.html

Updated on: August 10th, 2014