OECD - OECD Economic Surveys: Colombia 2019
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OECD (2019), OECD Economic Surveys: Colombia 2019 , OECD Publishing, Paris, https://doi.org/10.1787/e4c64889-en .
This Survey was prepared for the Committee by Alberto Gonzlez Pandiella and Paula Garda under the supervision of Piritta Sorsa. Statistical research assistance was provided by Marnix Dek and editorial assistance by Carolina Gonzlez. The Survey also benefited from contributions from Andrew Chapman, Julien Gourdon, and Daniela Rodrguez in Chapter 1 and Veerle Miranda as a co-author in Chapter 2.
The Survey was discussed at a meeting of the Economic and Development Review Committee (EDRC) on 29 November 2018 and is published on the responsibility of the Secretary-General of the OECD.
Basic statistics of Colombia, 2018 | |||||
|---|---|---|---|---|---|
(Numbers in parentheses refer to the OECD average)* | |||||
LAND, PEOPLE AND ELECTORAL CYCLE | |||||
Population (million) | 48.3 | Population density per km (2017) | 44.2 | (35.6) | |
Under 15 (%, 2017) | 23.4 | (17.9) | Life expectancy (years, 2017) | 74.6 | (80.7) |
Over 65 (%, 2017) | 7.6 | (16.8) | Men | 71.0 | (78.1) |
Women | 78.2 | (83.4) | |||
Latest 5-year average growth (%) | 0.5 | (0.6) | Latest general election | June 2018 | |
ECONOMY | |||||
Gross domestic product (GDP) | Value added shares (%) | ||||
In current prices (billion USD) | 331.5 | Primary sector | 6.9 | (2.5) | |
In current prices (trillion COP) | 978.5 | Industry including construction | 29.4 | (27.0) | |
Latest 5-year average real growth (%) | 2.7 | (2.3) | Services | 63.7 | (70.5) |
Per capita (000 USD PPP) | 15.3 | (45.8) | |||
GENERAL GOVERNMENT | |||||
Per cent of GDP | |||||
Expenditure | 27.4 | (40.6) | Gross financial debt (OECD: 2017) | 52.6 | (112.3) |
Revenue | 25.2 | (40.2) | Net financial debt (OECD: 2017) | 36.2 | (69.8) |
EXTERNAL ACCOUNTS | |||||
Exchange rate (COP per USD) | 2 951.3 | Main exports (% of total merchandise exports) | |||
PPP exchange rate (USA = 1) | 1 322.2 | Mineral fuels, lubricants and related materials | 57.9 | ||
In per cent of GDP | Food and live animals | 12.1 | |||
Exports of goods and services | 15.9 | (56.2) | Chemicals and related products, n.e.s. | 7.7 | |
Imports of goods and services | 20.8 | (52.0) | Main imports (% of total merchandise imports) | ||
Current account balance | -3.9 | (0.3) | Machinery and transport equipment | 33.9 | |
Net international investment position | -46.4 | Chemicals and related products, n.e.s. | 20.3 | ||
Manufactured goods | 15.6 | ||||
LABOUR MARKET, SKILLS AND INNOVATION | |||||
Employment rate for 15-64 year-olds (%) | 66.4 | (68.4) | Unemployment rate, Labour Force Survey (age 15 and over) (%) | 9.7 | (5.3) |
Men | 78.6 | (76.0) | Youth (age 15-24, %) | 19.7 | (11.1) |
Women | 54.6 | (60.9) | Long-term unemployed (1 year and over, %) | 0.9 | (1.5) |
Participation rate for 15-64 year-olds (%) | 73.8 | (72.4) | Tertiary educational attainment 25-64 year-olds (%, 2017) | 22.5 | (36.5) |
Average hours worked per year | 2 236 | (1 734) | Gross domestic expenditure on R&D (% of GDP, 2017) | 0.2 | (2.4) |
ENVIRONMENT | |||||
Total primary energy supply per capita (toe, 2016, OECD: 2017) | 0.8 | (4.1) | CO emissions from fuel combustion per capita (tonnes, 2016) | 1.8 | (9.0) |
Renewables (%, 2016, OECD: 2017) | 24.1 | (10.2) | Water abstractions per capita (1 000 m, 2012, OECD: 2016) | 0.8 | (0.8) |
Exposure to air pollution (more than 10 g/m of PM2.5, % of population, 2017) | 93.2 | (58.7) | Municipal waste per capita (tonnes, 2015, OECD: 2017) | 0.2 | (0.5) |
SOCIETY | |||||
Income inequality (Gini coefficient, 2017) | 0.476 | (0.317) | Education outcomes (PISA score, 2015) | ||
Relative poverty rate (%, 2017) | 19.3 |
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