Economic outlook Since international oil prices fell by half during the third and fourth quarters of 2014, Colombia has had significant revenue losses. The independent research institute Fedesarrollo estimated the loss in state oil revenues with stable low oil prices in 2015 to 20 billion pesos, or 58 billion pesos. The low oil prices have […]
Tag: Colombia
According to eningbo, in 2012, Colombia was a country located in the northwestern region of South America. It was bordered by Panama to the north, Venezuela and Brazil to the east, and Ecuador and Peru to the south. With a population of over 47 million people, it was the second most populous nation in South America after Brazil. The capital of Colombia was Bogota which was also its largest city with a population of 8 million people. Colombia’s economy was largely based on exporting commodities such as coffee, oil, coal and gold. It had a large agricultural sector that employed 20% of its workforce while manufacturing accounted for 15%. In terms of GDP per capita, Colombia ranked 76th in the world with an estimated $6,500 USD per capita in 2012. The country also had a vibrant culture with diverse customs and traditions influenced by its indigenous communities as well as Spanish settlers. Music and dance were popular forms of entertainment while literature from authors such as Gabriel Garcia Marquez were widely read throughout Latin America. Additionally, football (soccer) was one of the most popular sports in Colombia with many fans supporting local teams like Atletico Nacional or Independiente Santa Fe. Unfortunately 2012 also saw some major challenges for Colombia including high levels of poverty (32%), unemployment (11%), crime (including drug trafficking) and political instability due to ongoing civil conflicts between government forces and various guerrilla groups such as FARC (Revolutionary Armed Forces). Additionally, human rights abuses were still rampant throughout much of the country despite efforts by President Juan Manuel Santos to improve conditions through initiatives like peace talks with FARC rebels. Despite these issues though, Colombia continued to be an important regional power in South America where its influence could be felt both politically and economically; it had strong relationships with countries like Venezuela and Mexico while also maintaining positive ties with organizations such as the United Nations. As such, it remained an important player in global politics in 2012 and beyond. Colombia in 2015 was a country of contrasts and contradictions. On the one hand, the country had seen great progress in terms of economic growth and development over the past two decades, with GDP increasing from USD$177 billion in 2000 to USD$346 billion in 2015. This growth was largely driven by increased investment and trade liberalization which helped to create jobs, reduce poverty levels and improve living standards for many Colombians. At the same time, Colombia still faced many challenges in 2015. The country had a long history of armed conflict between government forces, paramilitary groups and guerrillas which had led to widespread human rights violations including extrajudicial killings, forced displacement and torture. Despite some progress towards peace negotiations between the government and FARC rebels since 2012, violence levels remained high with homicides reaching 25 per 100 000 people in 2015 (compared to 21 per 100 000 people in 2013). Additionally, Colombia continued to struggle with high levels of corruption which made it difficult to tackle poverty or inequality effectively. In terms of political stability, Colombia held presidential elections in May 2014 which saw Juan Manuel Santos elected for a second term as president. Despite this peaceful transition of power there were still concerns about public security due to ongoing violence as well as lack of trust in government institutions due to corruption allegations against previous administrations. In terms of health indicators, Colombia had mixed records such as high life expectancy (76 years) but also poor access to healthcare services due to lack of insurance coverage; additionally only 82% of children were immunized against common diseases such as measles or polio while adult literacy rate stood at 94%. In terms of governance structures Colombia had weak democratic institutions including an independent judiciary which contributed to greater transparency and accountability; however corruption remained widespread despite efforts by international organizations such as United Nations Development Program (UNDP) or Transparency International (TI) to improve transparency through capacity building initiatives or technical assistance programs. Overall, Colombia faced some challenges in 2015 including insecurity, inequality and corruption; however there were some positive signs such as increased access to financial services for small businesses thanks to microfinance initiatives supported by international organizations like UNDP or World Bank Group (WBG). Additionally, President Juan Manuel Santos’ reform agenda aimed at improving education quality or reducing poverty was slowly beginning to bear fruit leading to increased optimism about long-term development prospects for the country. Check computergees for Colombia in 2006.
Colombia 1997
Colombia is a country located in South America. According to AbbreviationFinder, CO is the two-letter ISO code of Colombia, and COL is the three-letter country abbreviation for Colombia. Yearbook 1997 Colombia. According to Countryaah, the national day of Colombia is July 20. President Ernesto Samper Pizano began the year declaring the country in financial distress. […]