Discover Colombia

The Colombian Economy

Colombia is an emerging and steadily growing economy,
offering many opportunities for internationally oriented companies

Stable economy

Colombia’s economy has done remarkably well over the last decade due to the improved security situation and a solid and stable monetary, fiscal and financial framework

Business friendly

Colombia is one of the most business-friendly countries in Latin America, mainly due to a strong Government commitment to promote investment and stability for investors.

Skilled labor

Colombia has the second best skilled labor available in the region, graduating annually over 330.000 highly educated students, leading in engineering/business graduates.

FDI ATTRACTIVE

Colombia is chosen as the world’s second best investment destination of the future during the World Forum for FDI, and it’s the third most active country in Mergers & Acquisitions

Colombia and The Netherlands


Colombia is one of the 60 biggest export markets of the Netherlands, and the 4th in Latin Amerika. In the end of 2014, Dutch companies had according to DNB-numbers interests in the size of 366 miljon Euro  (FDI, direct foreign investments) in Colombia. For Colombia, the Netherlands is the 5th biggest export partner of Colombia (RvO, August 2016).


Size of the Economy

Colombia is the fourth largest economy in Latin America, with a population of 7.6 million and a GDP of 90 billion dollar. Bogotá’s GDP alone is bigger than the GDP of Ecuador, Uruguay, Paraguay and Bolivia, according to the International Monetary Fund. Colombia’s GDP is expected to grow at 2.2% this year, and beat out all of Latin America.

Business Environment

Colombia has one of the best business environments in Latin America, with an excellent business climate. It is on the 66th position in the World Economic Forum’s Competitiveness Ranking (2017). During previous years, the Colombian economy has experienced growth: its macroeconomic aggregates and social indicators show significant improvement and a positive balance. GDP growth, low inflation, interest rate stability, significant reduction of unemployment and a lower rate of poverty and homelessness, all provide important business opportunities and reflect a good moment for the country and great future potential.

Political Stability

Contrary to what is believed; Colombia’s democracy is the oldest and most stable in South America. Still the Colombian government actively encourages foreign direct investment (FDI). Colombia imposes the same investment restrictions on foreign investors that it does on national investors. The government’s objective is to create favourable economic conditions in order to once again give investors confidence, especially foreign investors. The government has put much effort in concluding free trade agreements. Through various free trade agreements it has made, Colombia has access to a market of almost 1.2 billion people.

Biodiversity and location

Colombia is the second most biodiverse country in the world, just after Brazil which is 10 times its size. It is the only country in South America that has coastlines on both the pacific Ocean and the Caribbean Sea. Access is granted through the ports in the Caribbean and Pacific oceans, gives Colombia the best position in South America as a dispatch center for Central America, North America and Europe.