Attribute | Value |
---|---|
Geography | |
Area | 1,138,910 km² |
Continent | South America |
Land area | 1,038,700 km² |
Water area | 100,210 km² |
Land boundaries | 6,672 km |
Border countries |
|
Coastline | 3,208 km |
Mean elevation | 593 m |
Lowest point | 0 m |
Highest point | 5,730 m |
People | |
Population | 49,084,841 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Republic of Colombia |
Short country name | Colombia |
Long local name | Republica de Colombia |
Short local name | Colombia |
Former name | Add |
Government type | Presidential republic |
Capital | Bogota |
Economy | |
GDP (PPP) | 711,600,000,000 USD |
GDP (OER) | 314,500,000,000 USD |
GDP (real growth rate) | 1.8 % |
GDP - per capita (PPP) | 14,400 USD |
Gross national saving | 18.9 % of GDP |
Labor force | 25,760,000 |
Unemployment rate | 9.3 % |
Population below poverty line | 28 % |
Budget revenues | 83,350,000,000 USD |
Budget expenditures | 91,730,000,000 USD |
Military expenditures | 3.5 % of GDP |
Taxes and other revenues | 26.5 % of GDP |
Budget surplus or deficit | -2.7 % of GDP |
Public debt | 49.4 % of GDP |
Inflation rate | 4.3 % |
Central bank discount rate | 4.75 % |
Commercial bank prime lending rate | 13.69 % |
Stock of narrow money | 36,370,000,000 USD |
Stock of broad money | 36,370,000,000 USD |
Stock of domestic credit | 173,700,000,000 USD |
Market value of publicly traded shares | 85,960,000,000 USD |
Current account balance | -10,360,000,000 USD |
Exports | 39,480,000,000 USD |
Imports | 44,240,000,000 USD |
Reserves of foreign exchange and gold | 47,130,000,000 USD |
External debt | 124,600,000,000 USD |
National currency | Colombian pesos |
National currency (code) | COP |
National currency (symbol) | $ |
National currency rate to USD | 2 |
Colombia was one of the three countries that emerged after the dissolution of Gran Colombia in 1830 (the others are Ecuador and Venezuela). A decades-long conflict between government forces, paramilitaries, and antigovernment insurgent groups heavily funded by the drug trade, principally the Revolutionary Armed Forces of Colombia (FARC), escalated during the 1990s. More than 31,000 former United Self Defense Forces of Colombia (AUC) paramilitaries demobilized by the end of 2006, and the AUC as a formal organization ceased to operate. In the wake of the paramilitary demobilization, illegal armed groups arose, whose members include some former paramilitaries. After four years of formal peace negotiations, the Colombian Government signed a final peace accord with the FARC in November 2016, which was subsequently ratified by the Colombian Congress. The accord calls for members of the FARC to demobilize, disarm, and reincorporate into society and politics. The accord also committed the Colombian Government to create three new institutions to form a 'comprehensive system for truth, justice, reparation, and non-repetition,' to include a truth commission, a special unit to coordinate the search for those who disappeared during the conflict, and a 'Special Jurisdiction for Peace' to administer justice for conflict-related crimes. The Colombian Government has stepped up efforts to expand its presence into every one of its administrative departments. Despite decades of internal conflict and drug-related security challenges, Colombia maintains relatively strong democratic institutions characterized by peaceful, transparent elections and the protection of civil liberties.