TAG: Energy
As one of the larger economies in Latin America, Colombia has a track record of above-average GDP growth, a reputation for sound macroeconomic management and market-friendly policies.
Sound macroeconomic policy has allowed Colombia to weather the drop in oil prices, while a peace deal with the FARC has the potential to boost economic growth.
An economic boom driven by a $19bn natural gas project was followed by a sharp slowdown as global energy prices fell, putting pressure on the government to spread more equitable development in this resource-rich country.