HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
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flag — Colombia
Nation by Nation

Colombia

Economy

$418.8 billion
GDP
World Bank · 2024
$7,919
GDP / Capita
World Bank · 2024
+1.6%
GDP Growth
World Bank · 2024
9.6%
Unemployment
World Bank · 2024

Colombia has one of Latin America's largest and most resilient economies, a diversified producer of energy, minerals, and agriculture that has grown steadily despite decades of internal armed conflict, now largely wound down.

A 2016 peace deal with the FARC guerrillas ended the hemisphere's longest insurgency, and the economy rests on oil, coffee, and a growing services sector, though inequality and security challenges persist.

Key Sectors

Key sectors include oil and coal (leading exports), coffee (Colombia is famed for its premium beans), flowers, agriculture, and growing manufacturing and services.

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