Colombia Economy

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Though Colombia has achieved impressive economic growth over the last decade, the benefits of this remain unequally distributed. The government has acknowledged this issue and made a commitment to pursue equitable policies. The OECD defines inclusive growth as “economic growth that creates opportunities for all segments of the population and...

 

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. In 2015-16 it has demonstrated resilience, absorbing a significant oil price shock, with petroleum accounting for roughly half of total exports. It has managed...

 

Colombia’s economy grows above those of its neighbours despite the ongoing crisis of commodity prices. Meanwhile, peace talks with guerrillas face the final stretch and major cities such as Bogotá, Medellín and Barranquilla consolidate as regional capitals of finance, culture and fashion.

 

As three-year old peace talks between the government of Juan Manuel Santos Calderón and the leaders of the Revolutionary Armed Forces of Colombia (Fuerzas Armadas Revolucionaries de Colombia, FARC) continue in an effort to end 51 years of armed conflict, Colombia’s political climate could now be on the verge of significant change. Both sides...

 

EK HOTEL Cl. 90 #11-13, Bogotá T: +57 (1) 7455757 www.ekhoteles.com Rooms: 40 rooms with queen bed, 10 rooms with two full beds and 20 junior suites. Business & Conference Facilities: 3 meeting rooms with capacity for 70, 40 and 25 people. Health & Leisure Facilities: Central locations in a major district, with six restaurants offering...

 

VISAS: Visitors from the US, Canada, the EU, Latin America, Japan, New Zealand and Australia do not need tourist visas to enter the country. Upon arrival, the National Security Department grants travellers a 90-day stay. Visitors are allowed a total of 180 days every 12 months for tourism purposes...

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