Colombia is Latin America's fourth largest economy measured by gross domestic product. Petroleum is Colombia's main export, making over 45% of Colombia's exports. Manufacturing makes up nearly 12% of Colombia's exports, and grows at a rate of over 10% a year. Colombia has the fastest growing information technology industry in the world and has the longest fibre optic network in Latin America. Colombia also has one of the largest shipbuilding industries in the world outside Asia.

Property Value
dbo:abstract
  • Colombia is Latin America's fourth largest economy measured by gross domestic product. Petroleum is Colombia's main export, making over 45% of Colombia's exports. Manufacturing makes up nearly 12% of Colombia's exports, and grows at a rate of over 10% a year. Colombia has the fastest growing information technology industry in the world and has the longest fibre optic network in Latin America. Colombia also has one of the largest shipbuilding industries in the world outside Asia. Colombia over the last decade has experienced a historic economic boom. In 1990, Colombia was Latin America's 5th largest economy and had a GDP per capita of only US$1,500, by 2018 it became the 4th largest in Latin America, and the world's 37th largest. As of 2018 the GDP (PPP) per capita has increased to over US$14,000, and GDP (PPP) increased from US$120 billion in 1990 to nearly US$750 billion. Poverty levels were as high as 65% in 1990, but decreased to under 30% by 2014. Modern industries like shipbuilding, electronics, automobile, tourism, construction, and mining, grew dramatically during the 2000s and 2010s, however, most of Colombia's exports are still commodity-based. Colombia is Latin America's 2nd-largest producer of domestically-made electronics and appliances only behind Mexico. Colombia had the fastest growing major economy in the western world in 2014, behind only China worldwide. Since the early 2010s, the Colombian government has shown interest in exporting modern Colombian pop culture to the world (which includes video games, music, movies, TV shows, fashion, cosmetics, and food) as a way of diversifying the economy and entirely changing the image of Colombia; a national campaign similar to the Korean Wave. In the Hispanic world, Colombia is only behind Mexico in cultural exports and is already a regional leader in cosmetic and beauty exports. The number of tourists in Colombia grows by over 12% every year. Colombia is projected to have over 15 million tourists by 2023. (en)
dbo:thumbnail
dbo:wikiPageEditLink
dbo:wikiPageExternalLink
dbo:wikiPageExtracted
  • 2019-09-03 00:10:06Z (xsd:date)
dbo:wikiPageHistoryLink
dbo:wikiPageID
  • 5839 (xsd:integer)
dbo:wikiPageLength
  • 56925 (xsd:integer)
dbo:wikiPageModified
  • 2019-09-03 00:10:02Z (xsd:date)
dbo:wikiPageOutDegree
  • 171 (xsd:integer)
dbo:wikiPageRevisionID
  • 913750184 (xsd:integer)
dbo:wikiPageRevisionLink
dbp:wikiPageUsesTemplate
dct:subject
rdf:type
rdfs:comment
  • Colombia is Latin America's fourth largest economy measured by gross domestic product. Petroleum is Colombia's main export, making over 45% of Colombia's exports. Manufacturing makes up nearly 12% of Colombia's exports, and grows at a rate of over 10% a year. Colombia has the fastest growing information technology industry in the world and has the longest fibre optic network in Latin America. Colombia also has one of the largest shipbuilding industries in the world outside Asia. (en)
rdfs:label
  • Economy of Colombia (en)
rdfs:seeAlso
owl:sameAs
foaf:depiction
foaf:homepage
foaf:isPrimaryTopicOf
is dbo:wikiPageRedirects of
is dc:subject of
is foaf:primaryTopic of