Colombia Industry Reports

In 2018, in an environment of economic growth and loose monetary conditions, with the Central Bank keeping the monetary policy rate at a multi-year low of 4.25%, the Colombian banking sector posted a loan portfolio expansion of 6.1% y/y and total ...

The oil and gas sector is important to Colombia’s economy, representing 40% of the country’s total export value and 22.3% of total FDI inflow as of 2018. The sector is dominated by state-run company Ecopetrol, which, along with its ...

Colombia’s automotive sector is highly skewed towards the production of motorcycles. The country has managed to build the second largest two-wheel motor vehicle industry in Latin America, after only Brazil, thanks to high consumer preferences ...

Colombia is Latin America’s fourth-largest economy, after Brazil, Mexico and Argentina, but, unlike its peers in the region, the country has experienced steady growth over the past five years, thanks to stable and conservative economic policies ...

The food and beverage industry is one of the largest sectors in the Colombian economy, responsible for 3.4% of the country’s GDP in 2018. Between 2013 and 2018, the sector’s GVA rose at a CAGR of 2.1%, supported by growing domestic demand ...

Colombia’s tourism sector has significant growth potential due to the country’s natural and cultural resources. The recent demobilisation of the insurgent group FARC has stimulated demand for tourist services due to an improved security ...

Colombia is the fourth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by population, with 49.8mn people as of December 2018. Over the period 2013-2018, the wholesale, retail & repair sector performed ...

In 2018, written premiums in Colombia rose by 4.9% nominally, 1.7% y/y in real terms, its lowest growth rate since 2013. At the same time, the rise of the value of written premiums for 2018 was estimated at about 2% in real terms globally, according ...

Colombia ranked sixth in terms of power generation in Latin America in 2017, accounting for 4.6% of total regional output during the period. Hydropower is by far the leading electric energy source in the country with a share of 69.6% of total ...

Although the global pharma & healthcare sector is dominated by large multinational companies, mainly from the developed countries, Latin America has been quickly catching up in building a domestic pharmaceutical production base and expanding the ...