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Private investment plummeted 24.8% annually in Colombia in 2023, one of the reasons behind the economy's slowdown to 0.6% output growth, about half of what was expected. Gross domestic product ...
BOGOTA (Reuters) -The Colombian Senate's economics committee threw out the government's proposed 2025 budget on Wednesday, arguing the Andean country will not be able to raise the proposed sum ...
BOGOTA (Reuters) -Colombia's government proposed on Monday a 523 trillion peso ($130 billion) 2025 budget to lawmakers for their consideration, the finance ministry said in a statement, as ...
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs.
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
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BOGOTA (Reuters) -Plenaries in Colombia's lower house and Senate on Thursday both approved a request from the leftist government of President Gustavo Petro to increase the debt ceiling to $17.6 ...
The growing cut-flower industry has contributed to the expansion of Colombia's economy. Colombia is now the 2nd-largest exporter of cut flowers in the world, and the 3rd-largest producer of roses. [15] The cut-flower industry began in 1966 and continues to grow to this day. The industry is the largest employer of women in the country.