|
Colombia Reference Information
-
Economic data |
| GDP (annual growth rate): |
1.9 |
|
GDP per capita (US$, 2000): |
1,650 |
|
Exchange rate (Peso/US$,
end-of-period): |
2,864.8 |
|
Inflation (CPI, %): |
7.0 |
|
Unemployment (%): |
15.7 |
|
Fiscal Balance (% GDP): |
-4.6 |
|
Current Account Balance
(US$ bn): |
-1.6 |
|
Trade Balance (US$ bn): |
-0.8 |
|
Exports (US$ bn): |
11.9 |
|
Imports (US$ bn): |
12.7 |
|
Int. Reserves (US$ bn): |
10.8 |
|
Int. Reserves (months
imports): |
10.2 |
|
Total External Debt (US$
bn): |
37.3 |
|
Debt to GDP Ratio (%): |
51.6 |
|
|
|
| GDP by Sector of Origin |
2002 |
|
Agriculture, Forestry and
Fishing |
14.1 |
|
Mining and Quarrying |
4.1 |
|
Manufacturing |
13.9 |
|
Electricity, Gas and
Water |
3.2 |
|
Construction |
4.8 |
|
Wholesale and Retail Commerce |
10.6 |
|
Transport and Communications |
8.2 |
|
Financial
Services |
17.0 |
|
Public Services |
20.7 |
|
Other Services |
3.6 |
|
|
|
| GDP by Type of Expenditure |
2002 |
|
Consumption (Private and
Public) |
86.6 |
|
Investment |
14.8 |
|
Exports |
19.7 |
|
Imports |
-21.1 |
|
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Strengths |
Weaknesses |
| Political consensus on economic policy |
Persistently high inflation |
|
Constitutionally mandated inflation
control |
Sizable current and fiscal account
deficits |
|
Strong foreign participation in financial
system |
Vulnerability to international commodity
prices |
|
|
Instability created by ongoing armed
conflict |
|
|
|
| Long-Term Foreign Currency
Ratings |
|
|
Moody's |
Ba2 |
|
S&P |
BB |
| Fitch IBCA, Duff & Phelps |
BB |
|
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