Despite instability associated with the global mining and hydrocarbons sectors, Colombia displays stable economic growth amidst a regional slowdown, in large part a result of economic liberalisation, free trade agreements and entry to a variety of trade blocs. After recording 6.6% growth in 2011 and 4% in 2012, Colombia saw a slowdown in the first half of 2013, but the economy regained momentum by the end of the year.
Outperforming the majority of its regional peers, Colombia has experienced steady economic growth in the past decade registering GDP growth averaging over 4%, a rate set to continue in 2013.
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