Economics

Colombia is ready to double its exporting capacity

If only 1% of the registered companies in Colombia internationalized their products or services, the country’s exporting capacity would double. Such breakthrough is attainable in the long term as Colombian companies have what it takes to succeed.

Colombians most indebted in Latin America

Some 65% of Colombian households claim that one or more of their family members are in debt, the highest percentage in Latin America, according to local media.

Average Colombian better off than average world citizen: Prosperity index

The average Colombian is better off than the average world citizen, a recently published global prosperity index claimed.

Colombia central bank sees growth of 4.3 percent in 2015

Economic growth in Colombia will probably slow to around 4.3 percent in 2015 from 5 percent this year, hurt by lower oil prices and a drop in exports due to a sluggish global economy, central bank chief Jose Dario Uribe said on Friday.

Colombia’s organized crime makes 14 billion a year with drugs, mining

Illegal armed groups in Colombia make approximately $14 billion a year in drug trafficking and illegal mining activities, said the country’s top financial intelligence official Tuesday.


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