High rates of inflation and of unemployment are major burdens to Colombia’s economy (table 7)
Table 7: Summary of Colombian economic profile 56(2002 estimates)
GDP/PPP |
$251.6 billion |
GDP per capita |
$6,300 |
Inflation |
6.2%. |
Unemployment |
17.4%. |
Labor force
(1999 estimation)
|
18.3 million |
Natural resources: |
petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower. |
Agriculture (40%) |
coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; forest products |
Industries ( 24%) |
textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds |
|
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