International organization participation:
BCIE, CAN, CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD,
ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO,
Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, LAES, LAIA, Mercosur
(associate), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD,
UNESCO, UNHCR, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US: chief of mission: Ambassador Carolina BARCO Isakson chancery: 2118 Leroy Place NW, Washington, DC 20008 telephone: [1] (202) 387-8338 FAX: [1] (202) 232-8643 consulate(s) general: Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New York, San Francisco, San Juan (Puerto Rico), Washington, DC
Diplomatic representation from the US: chief of mission: Ambassador William B. WOOD embassy: Calle 22D-BIS, numbers 47-51, Apartado Aereo 3831 mailing address: Carrera 45 #22D-45, Bogota, D.C., APO AA 34038 telephone: [57] (1) 315-0811 FAX: [57] (1) 315-2197
Flag description:
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 Colombia
Economy - overview:
Colombia's economy has experienced positive growth over the past
three years despite a serious armed conflict. The economy continues
to improve in part because of austere government budgets, focused
efforts to reduce public debt levels, an export-oriented growth
strategy, an improved security situation in the country, and high
commodity prices. Ongoing economic problems facing President URIBE
range from reforming the pension system to reducing high
unemployment, and to achieving congressional passage of a fiscal
transfers reform. New exploration is needed to offset declining oil
production. International and domestic financial analysts note with
concern the growing central government deficit, which hovers at 5%
of GDP. However, the government's economic policy and democratic
security strategy have engendered a growing sense of confidence in
the economy, particularly within the business sector.
GDP (purchasing power parity):
$366.7 billion (2006 est.)
GDP (official exchange rate):
$105.5 billion (2006 est.)
GDP - real growth rate:
5.4% (2006 est.)
GDP - per capita (PPP):
$8,400 (2006 est.)