Colombia

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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...

 

To what extent have socioeconomic and structural reforms raised living standards?

Chapter | Tourism from The Report: Colombia 2016

The expected signing of a formal peace agreement between the government and Colombia’s main rebel group, the FARC, promises to be a key event for the country’s tourism industry in 2016. A settlement is expected to formalize and extend the reduction in political violence seen in recent years, with tourism among the sectors set to benefit the most from the peace accord. The sector has registered...

Chapter | The Guide from The Report: Colombia 2016

This chapter contains information on hotels, government agencies and other listings, as well as useful tips for visitors on a range of topics such as visa requirements, currency and transportation, among others. 

Chapter | Tax from The Report: Colombia 2016

For some time now Colombia has been adapting its tax system with the best tools provided by international tax law in order to compete in the global arena. At the same time, the government is focusing on internal tax collection and is searching for a better distribution of the tax burden among the various actors who contribute to producing the country’s riches. This chapter provides an overview...

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