Summary
This PESTLE country analysis report on Colombia provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Colombia through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Colombia through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Colombia through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Colombia through analysis of relevant laws and policies, as well as patents data.
- Understand the legal landscape in Colombia through analysis of the judicial system as well as performance of the legal indicators
- Understand the environmental landscape in Colombia through analysis of the environmental regulations and the performance of the environmetal indicators
Scope
- The political landscape section discusses the evolution of the political scenario in Colombia, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Colombia 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
- The technology landscape section examines Colombia's advancements and policies in technology innovation, including developments in information technology, telecommunications, research and development (R&D) investments, digital infrastructure, and cybersecurity measures. 
- The legal landscape section explores Colombia's legal system evolution, including legislative reforms, judiciary independence, and adherence to the rule of law. It also addresses the country's legal environment for business, contract enforcement, intellectual property protection, and transparency in legal proceedings, along with any significant legal challenges or controversies.
- The environmental landscape section evaluates Colombia's environmental policies and performance concerning climate change mitigation, renewable energy adoption, pollution control measures, conservation efforts, and sustainable development initiatives.
Reasons to Buy
- What is the outlook in Colombia in terms of political stability, policies towards business, and the popularity of the government?
- How does Colombia perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Colombia perform in terms of healthcare, income distribution, and education?
- How does Colombia perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
- How does Colombia maintain a robust legal framework that protects property rights and fosters a conducive business environment?
- How does Colombia prioritize sustainability with green initiatives, renewable energy promotion, and international collaboration on environmental challenges?
                     
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Table of Contents
Overview	
Catalyst	
Summary	
Key findings	
PESTLE highlights	
Key macroeconomic updates	
Key economic updates	
Key fundamentals	
Key Facts and Geographic Location	
Key facts	
Geographic location	
PESTLE Analysis	
Summary	
Political analysis	
Overview	
Current strengths	
Current challenges	
Widespread protests	
Future prospects	
Future risks	
Economic analysis	
Overview	
Current strengths	
Current challenges	
Future prospects	
Future risks	
Social analysis	
Overview	
Current strengths	
Current challenges	
High disparity in income	
Gender gap	
Future prospects	
Pension reforms	
Future risks	
Technological analysis	
Overview	
Current strengths	
Current challenges	
Future prospects	
Future risks	
Moderate performance on technological freedom	
Legal analysis	
Overview	
Current strengths	
Current challenges	
Future prospects	
Future risks	
Environmental analysis	
Overview	
Current strengths
Current challenges	
Future prospects	
Future risks	
Political Landscape	
Summary	
Evolution	
Structure and policies	
Key political figures	
Structure of government	
Composition of government	
Key policies	
Performance	
Governance indicators	
Outlook	
Economic Landscape	
Summary	
Evolution	
Structure and policies	
Financial authorities and regulators	
Performance	
GDP and GDP growth rate	
GDP composition by sector	
Agriculture	
Industry	
Fiscal situation	
International trade	
Government debt	
Current account	
International investment position	
Monetary situation	
Employment	
Outlook	
Social Landscape	
Summary	
Evolution	
Structure and policies	
Demographic composition	
Healthcare	
Education	
Performance	
Healthcare	
Education	
Outlook	
Technological Landscape	
Summary	
Evolution	
Structure and policies	
Performance	
Mobile and internet users	
Outlook	
Legal Landscape	
Summary	
Evolution	
Structure and policies	
Judicial system	
Tax regulations	
Performance	
Effectiveness of legal system	
Outlook	
Environmental Landscape	
Summary	
Evolution	
Structure and policies	
Performance	
Environmental impact	
Outlook	
About MarketLine	
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List of Tables
Table 1: Key fundamentals, 2021–28f	
Table 2: Key facts, 2024	
Table 3: Analysis of political landscape	
Table 4: Analysis of economic landscape	
Table 5: Analysis of social landscape	
Table 6: Analysis of technological landscape	
Table 7: Analysis of legal landscape	
Table 8: Analysis of environmental landscape	
Table 9: Population by gender (as a percentage of total population), 2023
List of Figures
Figure 1: Key economic indicators trend	
Figure 2: Map of Colombia, 2024	
Figure 3: Tax revenues as a percentage of GDP, 2021	
Figure 4: Colombia’s export destinations share as % of total exports, 2023	
Figure 5: Youth (15–29 years) not in employment, education, or training, 2022	
Figure 6: Female labor force participation rate, 2022	
Figure 7: FDI regulatory restrictiveness index, 2020	
Figure 8: Timeline of key political events	
Figure 9: Key political figures	
Figure 10: Composition of Chamber of Representatives, March 2024	
Figure 11: Historical GDP growth rate, 2013–23	
Figure 12: Real GDP and GDP growth rate, 2019–28f	
Figure 13: GDP composition by sector, 2023	
Figure 14: Agricultural output, 2019–24f	
Figure 15: Industrial output, 2019–24f	
Figure 16: Services output, 2019–24f	
Figure 17: Growth in the volume of exports and imports, 2019–28f	
Figure 18: Consumer price index and inflation rate, 2019–28f	
Figure 19: Unemployment rate, 2019–28f	
Figure 20: Major religions, 2023 est.	
Figure 21: Government expenditure on healthcare, 2019–28f	
Figure 22: Government expenditure on education, 2019–28f	
Figure 23: Internet users, 2019–24f	
Figure 24: CO2 emissions, 2012–22