Spanish, indigenous 1, Portuguese 0.1, 65 indigenous languages exist
Economic Overview
Key economic indicators for Colombia
GDP:
$978.007 billion
GDP per Capita:
$18,700
GDP Growth:
0.61%
Inflation:
11.74%
Unemployment:
9.57%
Public Debt:
70.14% of GDP
Credit Rating:
BBB- (2017)
Political System
Governance structure of Colombia
Government Type:
presidential republic
Head of State:
President Gustavo Francisco PETRO Urrego (since 7 August 2022)
Head of Government:
President Gustavo Francisco PETRO Urrego (since 7 August 2022)
Judiciary:
Supreme Court of Justice or Corte Suprema de Justicia (consists of the Civil-Agrarian and Labor Chambers each with 7 judges, and the Penal Chamber with 9 judges); Constitutional Court (consists of 9 magistrates); Council of State (consists of 27 judges); Superior Judiciary Council (consists of 13 magistrates)
Administrative Divisions:
32 departments (departamentos, singular - departamento) and 1 capital district* (distrito capital); Amazonas, Antioquia, Arauca, Atlantico, Bogota*, Bolivar, Boyaca, Caldas, Caqueta, Casanare, Cauca, Cesar, Choco, Cordoba, Cundinamarca, Guainia, Guaviare, Huila, La Guajira, Magdalena, Meta, Narino, Norte de Santander, Putumayo, Quindio, Risaralda, Archipielago de San Andres, Providencia y Santa Catalina (colloquially San Andres y Providencia), Santander, Sucre, Tolima, Valle del Cauca, Vaupes, Vichada
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
1724 Massachusetts Avenue NW, Washington, DC 20036
Major Alliances and Organizations
OAS
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
8.7% (2023 est.)
Industry
24.6% (2023 est.)
Services
56.9% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$68.273 billion
Imports:
$76.23 billion
Major Trading Partners
USA 27
Panama 9
India 5
China 5
Netherlands 4
Economic Outlook
Colombia has a 0.61% GDP growth rate with 11.74% inflation. The economy is characterized by a strong agriculture sector.