http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/colombia/government-budgetColombia reported a Government Budget deficit equal to 2.90 percent of the country's Gross Domestic Product in 2011. Historically, from 2001 until 2011, Colombia Government Budget averaged -3.9500 Percent of GDP reaching an all time high of 0.2300 Percent of GDP in December of 2005 and a record low of -8.4700 Percent of GDP in December of 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Colombia Government Budget.Ministry of Finance, Government of ColombiaTue, 22 May 2012 17:00:00 GMThttp://www.tradingeconomics.com/colombia/current-account-to-gdpColombia reported a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Colombia Current Account to GDP averaged -1.8100 Percent reaching an all time high of 4.1000 Percent in December of 1991 and a record low of -5.3000 Percent in December of 1982. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Colombia Current Account to GDP.Central Bank of ColombiaTue, 22 May 2012 16:59:00 GMThttp://www.tradingeconomics.com/colombia/government-debt-to-gdpColombia recorded a Current Account equivalent to 34.70 percent of the country's Gross Domestic Product in 2011. Historically, from 1996 until 2011, Colombia Government Debt To GDP averaged 35.3400 Percent reaching an all time high of 45.6000 Percent in December of 2003 and a record low of 23.3000 Percent in December of 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Colombia Government Debt To GDP.International Monetary Fund Tue, 22 May 2012 16:36:00 GMThttp://www.tradingeconomics.com/colombia/retail-sales-annualRetail Sales in Colombia increased 5.14 percent in March of 2012 over the same month in the previous year. Historically, from 2000 until 2012, Colombia Annual Retail Sales averaged 5.9600 Percent reaching an all time high of 22.9000 Percent in April of 2011 and a record low of -7.6000 Percent in September of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Colombia Annual Retail Sales.DANESat, 19 May 2012 12:45:00 GMThttp://www.tradingeconomics.com/colombia/exportsColombia exports were worth 4691 Million USD in January of 2012. Historically, from 1970 until 2012, Colombia Exports averaged 925.4300 Million USD reaching an all time high of 5501.0000 Million USD in December of 2011 and a record low of 27.3000 Million USD in July of 1971. Colombia's major exports are petroleum, coffee, coal, nickel, gold and nontraditional exports (e.g. cut flowers, semiprecious stones, sugar, and tropical fruits). Colombia still exports oil and coffee to the developed world (the United States, Japan, Germany, and Belgium), while most of its exports to countries such as Venezuela, Mexico, and Ecuador are manufactured products. This page includes a chart with historical data for Colombia Exports.Banco Central de la RepublicaSat, 19 May 2012 12:40:00 GMThttp://www.tradingeconomics.com/colombia/unemployment-rateThe unemployment rate in Colombia was last reported at 10.4 percent in March of 2012. Historically, from 2001 until 2012, Colombia Unemployment Rate averaged 12.6300 Percent reaching an all time high of 17.9000 Percent in January of 2002 and a record low of 9.0000 Percent in October of 2011. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Colombia Unemployment Rate.DANEFri, 18 May 2012 11:46:00 GMThttp://www.tradingeconomics.com/colombia/inflation-cpiThe inflation rate in Colombia was recorded at 3.40 percent in April of 2012. Historically, from 1955 until 2012, Colombia Inflation Rate averaged 15.4300 Percent reaching an all time high of 41.6500 Percent in June of 1977 and a record low of -0.8700 Percent in July of 1955. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Colombia Inflation Rate.DANETue, 08 May 2012 11:14:00 GMThttp://www.tradingeconomics.com/colombia/industrial-productionIndustrial Production in Colombia increased 4.90 percent in February of 2012. Historically, from 1991 until 2012, Colombia Industrial Production averaged 2.4300 Percent reaching an all time high of 17.7000 Percent in March of 1998 and a record low of -22.7000 Percent in March of 1999. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Colombia Industrial Production.DANESat, 21 Apr 2012 12:27:00 GMThttp://www.tradingeconomics.com/colombia/interest-rateThe benchmark interest rate in Colombia was last reported at 5.25 percent. Historically, from 1998 until 2012, Colombia Interest Rate averaged 8.8600 Percent reaching an all time high of 32.0000 Percent in November of 1998 and a record low of 3.0000 Percent in January of 2011. In Colombia, interest rate decisions are taken by The Central Bank of Columbia (The Banco de la República). The Banco de la República implements monetary policy by changing interest rates, which either provide or withdraw liquidity from the economy. The official interest rates are the intervention interest rates (Tasas). This page includes a chart with historical data for Colombia Interest Rate.Banco de la RepublicaWed, 11 Apr 2012 12:27:00 GMThttp://www.tradingeconomics.com/colombia/gdp-growth-annualThe Gross Domestic Product (GDP) in Colombia expanded 6.10 percent in the fourth quarter of 2011 over the same quarter of the previous year. Historically, from 2001 until 2011, Colombia GDP Annual Growth Rate averaged 4.2600 Percent reaching an all time high of 7.7000 Percent in December of 2006 and a record low of 0.3000 Percent in December of 2008. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Colombia GDP Annual Growth Rate.DANEWed, 11 Apr 2012 12:21:00 GMThttp://www.tradingeconomics.com/colombia/current-accountColombia reported a current account deficit equivalent to 3058 Million USD in the fourth quarter of 2011. Historically, from 1992 until 2011, Colombia Current Account averaged -1012.3400 Million USD reaching an all time high of 876.0000 Million USD in December of 1992 and a record low of -4528.0000 Million USD in December of 1995. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Colombia Current Account.Banco de la RepublicaWed, 11 Apr 2012 12:14:00 GMThttp://www.tradingeconomics.com/colombia/balance-of-tradeColombia reported a trade surplus equivalent to 270 Million USD in January of 2012. Historically, from 1980 until 2012, Colombia Balance of Trade averaged -72.2900 Million USD reaching an all time high of 997.0000 Million USD in December of 2011 and a record low of -1024.4000 Million USD in November of 2008. Colombia's major exports are petroleum, coffee, coal, nickel, gold and nontraditional exports (e.g. cut flowers, semiprecious stones, sugar, and tropical fruits). Colombia's major imports are industrial and transportation equipment, consumer goods, chemicals, paper products, fuels, and electricity. Its main trading partners are: The United States, European Union, Venezuela, China and Mexico. This page includes a chart with historical data for Colombia Balance of Trade.Banco Central de la RepublicaWed, 11 Apr 2012 12:11:00 GMThttp://www.tradingeconomics.com/colombia/importsColombia imports were worth 4420 Million USD in January of 2012. Historically, from 1980 until 2012, Colombia Imports averaged 1232.4100 Million USD reaching an all time high of 5067.0000 Million USD in September of 2011 and a record low of 275.2000 Million USD in March of 1986. Colombia's major imports are industrial and transportation equipment, consumer goods, chemicals, paper products, fuels, and electricity. Colombia’s main imports partners are: United States, European Union, China, Mexico and Brazil. This page includes a chart with historical data for Colombia Imports.Banco Central de la RepublicaWed, 11 Apr 2012 12:09:00 GMThttp://www.tradingeconomics.com/colombia/gdp-growthThe Gross Domestic Product (GDP) in Colombia expanded 1.30 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 2001 until 2011, Colombia GDP Growth Rate averaged 1.0900 Percent reaching an all time high of 3.3000 Percent in June of 2002 and a record low of -1.0000 Percent in March of 2002. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Colombia is a free market economy with major commercial and investment ties to the United States. Transition from a highly regulated economy has been underway for more than 15 years. Colombia's average annual economic growth rate of over 5% from 2002 to 2007 can be attributed to an increase in domestic security, resulting in greater foreign investment; prudent monetary policy; and export growth. This page includes a chart with historical data for Colombia GDP Growth Rate.DANEFri, 23 Mar 2012 12:08:00 GMThttp://www.tradingeconomics.com/colombia/retail-salesRetail Sales in Colombia increased 3.20 percent in November of 2011 over the previous month. Historically, from 1999 until 2011, Colombia Retail Sales averaged 2.2900 Percent reaching an all time high of 66.0000 Percent in December of 1999 and a record low of -41.3000 Percent in January of 2003. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Colombia Retail Sales.DANEWed, 08 Feb 2012 14:12:00 GMThttp://www.tradingeconomics.com/colombia/gdp-per-capitaThe Gross Domestic Product per capita in Colombia was last reported at 3236.58 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Colombia is equivalent to 26 percent of the world's average. Historically, from 1960 until 2010, Colombia GDP per capita averaged 2026.5100 USD reaching an all time high of 3236.5800 USD in December of 2010 and a record low of 1129.6000 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Colombia GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/colombia/gdp-per-capita-pppThe Gross Domestic Product per capita in Colombia was last reported at 9462.02 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Colombia, when adjusted by Purchasing Power Parity is equivalent to 43 percent of the world's average. Historically, from 1980 until 2010, Colombia GDP per capita PPP averaged 5375.6600 USD reaching an all time high of 9462.0200 USD in December of 2010 and a record low of 2494.1500 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Colombia GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/colombia/population Historically, from 1960 until 2010, Colombia Population averaged 30.4400 Million reaching an all time high of 45.9000 Million in December of 2010 and a record low of 16.0100 Million in December of 1960. The total population in Colombia was last reported at 45.9 million people in 2010 from 16.0 million in 1960, changing 187 percent during the last 50 years. Colombia has 0.67 percent of the world´s total population which means that one person in every 150 people on the planet is a resident of Colombia. This page includes a chart with historical data for Colombia's Total Population. This page includes a chart with historical data for Colombia Population.World BankFri, 28 Oct 2011 13:56:00 GMT