Population in Colombia

Colombia Population | Economic News & Forecasts

Colombia - Population

Early indicators suggest that the recovery lost some speed in the third quarter. Export growth plunged in September on a sharp contraction in exports of farming, food and beverages, outweighing the gains from a strong upturn in overseas sales of oil. This caused a weaker average pace of expansion in Q3 compared to the previous quarter. Furthermore, retail sales lost pace in the quarter, signalling a downturn in household consumption. Meanwhile, on 31 October, the government submitted a new tax bill to Congress to finance next year’s budget. The bill aims to raise COP 14 trillion (USD 4.37 billion) through higher taxes on middle- and high-income households, along with extending the value-added tax on more products. Yet, with the ruling party lacking a majority in Congress and lawmakers fiercely divided on the issue, it will be a no easy feat to secure approval for the bill.

Colombia - Population Data

2013  2014  2015  2016  2017  
Population (million)47.1  47.7  48.2  48.7  49.3  

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Colombia Facts

Bond Yield7.110.0 %Nov 09
Exchange Rate3,180-0.17 %Nov 09
Stock Market12,355-0.66 %Nov 09

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