_#_Flag: three horizontal bands of yellow (top, double-width), blue, and red; similar to the flag of Ecuador which is longer and bears the Ecuadorian coat of arms superimposed in the center
_*Economy #_Overview: Economic development has slowed gradually since 1986, but growth rates remain high by Latin American standards. Conservative economic policies have kept inflation and unemployment near 30% and 10%, respectively. The rapid development of oil, coal, and other nontraditional industries over the past four years has helped to offset the decline in coffee prices—Colombia's major export. The collapse of the International Coffee Agreement in the summer of 1989, a troublesome rural insurgency, and drug-related violence dampen prospects for future growth.
_#_GDP: $43.0 billion, per capita $1,300; real growth rate 3.7% (1990 est.)
_#_Inflation rate (consumer prices): 32.4% (1990)
_#_Unemployment rate: 10.4% (urban areas 1990) (1990)
_#_Budget: revenues $4.39 billion; current expenditures $3.93 billion, capital expenditures $1.03 billion (1989 est.)
_#_Exports: $6.9 billion (f.o.b., 1990);
commodities—coffee 24%, petroleum, coal, bananas, fresh cut flowers;
partners—US 36%, EC 21%, Japan 5%, Netherlands 4%, Sweden 3%
_#_Imports: $5.0 billion (c.i.f., 1990);