As per International Monetary Fund (IMF) Colombia’s real
gross domestic product is expected to grow at a CAGR of 3.07% from it’s 2015
level of COP
531262 billion in 2015and
reach COP 56674.77 billion by 2022.
Colombia, officially the Republic of Colombia, is a country on the north
western coast of South America, bordered to the northwest by Panama, to the
north by the Caribbean Sea, to the east by Venezuela and Brazil, to the south
by Ecuador and Peru, and to the west by the Pacific Ocean. It is a unitary,
constitutional republic comprising thirty-two departments.
Colombia
had estimated population of 48.203 million in the year 2016 and expected to
reach 51.983 million by 2022. Colombia’s unemployment rate was 7.2% of total
labor force.
Colombia’s
real gross domestic product (GDP) was around COP 541675 billions in 2016
whereas the nominal GDP was COP 862675 billions. This resulted in GDP deflator
159.261. Per capita GDP was estimated at USD 5792.18 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 14130.18.
In
2016, Colombian government’s revenue was COP 215108.302 billions whereas the
expenditure was COP 244361.879 billions. This resulted Colombian government’s
net lending / borrowing negative at COP 29253.577 billion in 2016 indicating
that enough financial resources were not made available by the government to
boost economic growth.
The
current account balance for Colombia was estimated to be negative at USD 12.541
billions for the year 2016 and is expected to decrease at a CAGR of 7.35% and
reach USD 11.009 by 2022. This negative current account balance indicates the
Colombia is a net borrower from the whole world.
The newly launched market research reports featuring Colombia’s
PESTEL analysis, SWOT analysis and Risk analysis are aimed at providing
insights about Colombian economy and market.
Scope of the
Colombia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research
Reports
- These reports provide information about key macroeconomic indicators for Colombia.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Colombia.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Colombia.
- These reports provide risk analysis for Colombia.
For more information
and to purchase Colombia PESTEL Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/colombia-pestel-analysis-market-research-report
For more information
and to purchase ColombiaSWOT Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/colombia-swot-analysis-market-research-report
For more information
and to purchase ColombiaRisk Analysis
Market Research Report please visit: http://www.marketresearchreports.com/market-research-reports-inc/colombia-risk-analysis-market-research-report
No comments:
Post a Comment