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Colombia experienced accelerating growth between 2002 and 2007, chiefly due to advancements in domestic security, to rising commodity prices, and to President URIBE's promarket economic policies. Foreign direct investment reached a record $10 billion in 2008. A series of policies enhanced Colombia's investment climate: President URIBE's pro-market measures; pro-business reforms in the oil and gas sectors; and export-led growth fueled mainly by the Andean Trade Promotion and Drug Eradication Act. Inequality, underemployment, and narcotrafficking remain significant challenges, and Colombia's infrastructure requires...  More..

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Economy of Colombia
SOURCE: CIA - The World Factbook
Currency Cop
Fiscal Year 01 January - 31 December
GDP (PPP) $401 billion (2009 est.)
GDP (per capita) $9,200 (2009 est.)
Exports $31.34 billion (2009 est.)
Imports $31.67 billion (2009 est.)
Main Industries Textiles, Food Processing, Oil, Clothing and Footwear, Beverages, Chemicals, Cement; Gold, Coal, Emeralds
Exports - Commodities Petroleum, Coffee, Coal, Nickel, Emeralds, Apparel, Bananas, Cut Flowers
Imports - Commodities Industrial Equipment, Transportation Equipment, Consumer Goods, Chemicals, Paper Products, Fuels, Electricity
Exports Partners US 38%, Venezuela 16.2%, Ecuzador 4% (2008)
Imports Partners US 29.2%, China 11.5%, Mexico 7.9%, Brazil 5.9% (2008)

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