GDP per capita has improved
Well-being has improved but remains low relative to OECD countries
Colombia has grown fast since the global financial crisis, but is facing external headwinds
Economic growth continues to be among the highest in the region
The exchange rate depreciated sharply putting pressure on prices
The value of exports has decreased in 2015
The financial system is sound
Financial inclusion is low
Fiscal revenues and gross public debt
Statutory corporate income tax rates are above OECD averages
The tax system does not distribute enough
Productivity is low
Inequality in GDP across households and regions is high
A high share of students do not attain basic skills
Gender gaps in employment are declining but persist in Colombia
Poverty remains high, especially amongst children and the elderly
Public social spending as a percentage of GDP by main components
Evolution in formal and informal job creation
Very few firms introduce new products to the market
Innovation increases with R&D engagement in firms
Firms collaborating on innovation with higher education or research institutions is low
Expenditure and projects under the 4G program
Infrastructure is of lower quality than in OECD countries
Green growth indicators for Colombia
Business regulation remains restrictive in multiple areas
Regulation remains restrictive in the electricity, roads and rails sectors
The court system is slow to resolve commercial disputes
Participation in GVCs is very low