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Colombia Economy
GDP:
purchasing power parity - $263.2 billion (2003 est.)
GDP - real growth rate:
3.7% (2003 est.)
GDP - per capita:
purchasing power parity - $6,300 (2003 est.)
GDP - composition by sector:
agriculture: 13.7%
industry: 32.1%
services: 54.2% (2003 est.)
Investment (gross fixed):
15.9% of GDP (2003)
Population below poverty line:
55% (2001)
Household income or consumption by percentage share:
lowest 10%: 1%
highest 10%: 44% (1999)
Distribution of family income - Gini index:
57.1 (1996)
Inflation rate (consumer prices):
7.1% (2003 est.)
Labor force:
20.34 million (2003 est.)
Labor force - by occupation:
agriculture 30%, industry 24%, services 46% (1990)
Unemployment rate:
14.2% (2003 est.)
Budget:
revenues: $24 billion
expenditures: $25.6 billion, including capital expenditures of $NA (2001 est.)
Public debt:
51.9% of GDP (2003)
Industries:
textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds
Industrial production growth rate:
3.5% (2003 est.)
Electricity - production:
42.99 billion kWh (2001)
Electricity - production by source:
fossil fuel: 26%
hydro: 72.7%
other: 1.3% (2001)
nuclear: 0%
Electricity - consumption:
39.81 billion kWh (2001)
Electricity - exports:
210 million kWh (2001)
Electricity - imports:
40 million kWh (2001)
Oil - production:
614,400 bbl/day (2001 est.)
Oil - consumption:
252,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
1.8 billion bbl (1 January 2002)
Natural gas - production:
5.7 billion cu m (2001 est.)
Natural gas - consumption:
5.7 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
132 billion cu m (1 January 2002)
Agriculture - products:
coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products; shrimp
Current account balance:
$-1.417 billion (2003)
Exports:
$12.96 billion f.o.b. (2003 est.)
Exports - commodities:
petroleum, coffee, coal, apparel, bananas, cut flowers
Exports - partners:
US 47.1%, Ecuador 6%, Venezuela 5.3% (2003 est.)
Imports:
$13.06 billion f.o.b. (2003 est.)
Imports - commodities:
industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity
Imports - partners:
US 29.6%, Brazil 5.5%, Mexico 5.4%, Venezuela 5.2%, China 5%, Japan 4.6%, Germany 4.4% (2003 est.)
Reserves of foreign exchange & gold:
$10.92 billion (2003)
Debt - external:
$38.26 billion (2003 est.)
Economic aid - recipient:
NA
Currency code:
COP
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