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
Income gaps with OECD countries remain large because of low labour productivity 2014
Value added of industry is relatively high, sustained by increases in construction and mining
Productivity per worker in the agricultural sector is relatively low
Productivity per worker in the service sector has increased but remains low
Public investment has increased above OECD average
Business regulation remains restrictive in some areas
Top combined statutory CIT rate is set to decrease but remains high
The quality of management is relatively low
A relatively high share of manufacturing firms are family owned and with a family CEO
Higher spending in education increases math scores, particularly for low income students
There is a deficit of technicians and technologists
Innovation in the manufacturing sector is relatively low
Share of investment in intellectual property products
Fixed broadband penetration is relatively low
The use of internet to interact with public authorities is low
Significant effort has been made to promote trade integration
Colombia's backward and forward participation in GVCs
Backward GVC participation: Ratio-relative contribution of policy and non-policy factors
The impact on GVC integration of other policies
Inequality and poverty remain high
Inequality in GDP per capita across regions is high
The NEET rate is significantly higher among women
Median gender wage gap of full-time employees, 2010-15
Large earnings gap between formal and informal workers
Informality is high
Self-employment is widespread
The minimum wage is high
Evolution of formal and informal job creation
The tax and transfer system does little for redistribution1
Public social spending in Colombia is much lower than the OECD average
Pension coverage in LAC countries
Social pensions in Latin American countries
Health care is relatively affordable
Health care resources and access to care remain worse in rural and remote areas
Share of resilient students across OECD and LAC countries, 2015
Participation rates in ECEC, by socio-economic level (2012)
Share of adult population that has attained at least upper secondary education, 2014