Colombia 2

Colombia

Protected areas and the “National Park System” cover an area of about 14,268,224 hectares (142,682.24 km2) and account for 12.77% of the Colombian territory. Compared to neighboring countries, rates of deforestation in Colombia are still relatively low. Colombia is the sixth country in the world by magnitude of total renewable freshwater supply, and still has large reserves of freshwater.

Economy:

Historically an agrarian economy, Colombia urbanized rapidly in the 20th century, by the end of which just 15.8% of the workforce were employed in agriculture, generating just 6.6% of GDP; 19.6% of the workforce were employed in industry and 64.6% in services, responsible for 33.4% and 59.9% of GDP respectively. The country’s economic production is dominated by its strong domestic demand. Consumption expenditure by households is the largest component of GDP.

Colombia 3
Colombia GDP by Sector in 2017

Colombia’s market economy grew steadily in the latter part of the 20th century, with gross domestic product (GDP) increasing at an average rate of over 4% per year between 1970 and 1998. The country suffered a recession in 1999 (the first full year of negative growth since the Great Depression), and the recovery from that recession was long and painful. However, in recent years growth has been impressive, reaching 6.9% in 2007, one of the highest rates of growth in Latin America. According to International Monetary Fund estimates, in 2012, Colombia’s GDP (PPP) was US$500 billion (28th in the world and third in South America).

Colombia is rich in natural resources, and its main exports include mineral fuels, oils, distillation products, fruit and other agricultural products, sugars and sugar confectionery, food products, plastics, precious stones, metals, forest products, chemical goods, pharmaceuticals, vehicles, electronic products, electrical equipments, perfumery and cosmetics, machinery, manufactured articles, textile and fabrics, clothing and footwear, glass and glassware, furniture, prefabricated buildings, military products, home and office material, construction equipment, software, among others. Principal trading partners are the United States, China, the European Union and some Latin American countries.

Transportation:

Railways:

Colombia has 3,034 kilometers (1,885 mi) of rail lines. However, only 2,611 kilometers (1,622 mi) of lines are still in use. Rail transport in Colombia remains underdeveloped. The national railroad system, once the country’s main mode of transport for freight, has been neglected in favor of road development and now accounts for only about a quarter of freight transport. Passenger-rail use was suspended in 1992 resumed at the end of the 1990s, and as of 2017 it is considered abandoned. The two still-functioning passenger trains are: one between Puerto Berrío and García Cadena, and another one between Bogotá and Zipaquirá. Short sections of railroad, mainly the Bogotá-Atlantic rim, are used to haul goods, mostly coal, to the Caribbean and Pacific ports.

Roads:

The three main north-south highways are the Caribbean, Eastern, and Central Trunk Highways (troncales). Estimates of the length of Colombia’s road system in 2004 ranged from 115,000 kilometers to 145,000 kilometers, of which fewer than 15 percent were paved. However, according to 2005 data reported by the Colombian government, the road network totaled 163,000 kilometers, 68 percent of which were paved and in good condition. The increase may reflect some newly built roads. President Uribe has vowed to pave more than 2,500 kilometers of roads during his administration, and about 5,000 kilometers of new secondary roads were being built in the 2003–6 period. Despite serious terrain obstacles, almost three-quarters of all cross-border dry cargo is now transported by road, 105,251 metric tons in 2005.

Scroll to Top