Colombia Economy

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Colombia economy! Economic overview of Colombia. The Colombian economy explained. Colombia’s economy is the 39th largest in the world in terms of nominal GDP. Colombia’s labor market, standard of living, trade balance, the country’s trading partners, top exports, government debt, budget deficit as well as an economic projection for 2020 are presented. • With a nominal GDP of 324 billion US dollars in 2019, Colombia is the world’s 39th largest economy. https://data.worldbank.org/indicator/... • Sources: • Population • https://www.worldometers.info/world-p... • GNI per capita, Atlas method (2019, current US$): • https://data.worldbank.org/indicator/... • Labor Force (the labor force includes employed workers and unemployed workers that are actively seeking work) • https://data.worldbank.org/indicator/... • Unemployment Rate https://tradingeconomics.com/colombia... • Employment in agriculture, industry and services • https://data.worldbank.org/indicator/... • https://data.worldbank.org/indicator/... • https://data.worldbank.org/indicator/... • Exports, Imports, Trade balance - 2019 data derived from the ITC (International Trade Centre): https://www.trademap.org/Country_SelP... • Top 10 Exports • http://www.worldstopexports.com/colom... • GDP (current US$, 2019) : • https://data.worldbank.org/indicator/... • Budget Deficit • https://tradingeconomics.com/colombia... • Government Debt-to-GDP ratio • https://tradingeconomics.com/colombia... • Colombia Economic Growth • International Monetary Fund - World Economic Outlook, April 2020: The Great Lockdown • https://www.imf.org/en/Publications/W...

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