Dec21
Dec16
Free Trade from the Colombian Embassy
This .pdf available through the Colombian Embassy gives details about the newly signed United States-Colombia Free Trade Agreement that was recently implemented on October 12, 2011. This agreement will initially eliminate duties on 80% of U.S. goods, in 5 years another 7% will be eliminated, and within 10 years, all duties will be eliminate. The document also describes an important reason for the deal, the loss of Venezuela as a trading partner. Check out the link below!
http://colombiaemb.org/docs/FTA/II%20C%20-%20Bilateral%20Trade.pdf
Dec15
CIA Factbook – Colombia
The following link takes you to the CIA’s website, and their facts on Colombia. Under the Economy section you can find information on the history of the Colombian Economy GDP, GDP Per Capita, labor, how money is used in the country, exports, imports, products, debt, etc.
Dec15
Colombia Coffee
This site by Coffeesearch.org provides information on Colombian Coffee. Coffee was introduced to Colombia in the 1800s. Colombia produces 12% of the world’s coffee. In South America, Colombia follows Brazil in production of coffee, but it ranks 3rd in the world behind Vietnam. It’s an interesting site with some basic facts about Coffee in Colombia.
Dec15
GDP Per Capita
The GDP Per Capita in Colombia has grown by almost $1000 since 2009. Currently the GDP Per Capita is valued at $6,225. This is a tremendous increase from what it was in 50 years ago. In 1960 it was about $250. Take a look at this site, provided by Google and data provided by the World Bank, to see GDP Per Capita over the years.
Dec15
Imports and GDP in Colombia
The following is a link to look at Imports in Colombia as a percentage of GDP. This number fluctuates over time. Currently, in 2010, imports accounted for roughly 17%. The data is slighly goes up and down over a 40 year time period. The lowest was in 2965 when imports were about 10% of GDP, and the highest in 1994 when imports were 20.94% of GDP.
Dec15
GDP Exports Percentage
The following is a graph that shows exports in Colombia as a percentage of GDP. In 2010, when data was most recently available from the World Bank, exports amounted to roughly 16% of the GDP. Over time, this number has changed slightly, up and down. It’s lowest was in 1983 when it was about 10% and the highest was in 1991 it was about 21%. Take a look!
Dec15
Colombia GDP
Colombia’s GDP has risen very quickly over the last 2 decades. This is due to economic liberalization policies set forth in the 1990s. Currently the the GDP stands, nominally, at $288 Million. And the GDP in regards to purchasing power parity (PPP) is close to $430 Million. This is a dramatic increase since the 90s when the economy was stagnant for 30 years prior to that time.
Dec15
Colombia Poverty
The following link takes you to the Public Data Explorer provided by Google. The data comes from the World Bank. This graph shows the rate of Poverty in Colombia over the years. Currently the poverty is at a rate of 37% of the country. This has steadily declined over the years which is a good thing for Colombia.
Dec15
Coal Production
In this Wall Street Journal article, the author recounts from an interview done recently with the mining minister of Colombia in which he says that in 2010, Colombia produced roughly 74 million tons of coal, a 2% increase from 2009, but that it still didn’t meet the governments target of 80 Million. It’s a good read and it gives a sense of what production is like currently in Colombia, in regards to coal. Here is the link…
