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Home >> World Economy >> Structure of Colombia Economy

Structure of Colombia Economy


Economic Indicators Economic Structure Of Colombia Export & Import Insurance Mortgage Stock
 


STRUCTURE OF THE ECONOMY

Among the various sectors of the economy the percentage share of the services sector in the total GDP is marked at a highest level. It was 53.3 percent as of the year 2005.




Important industries in the country include textiles, food processing, oil, clothing and footwear, beverages, chemicals, coal and Cement.

Agricultural Products in the country are coffee, cut flowers, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables and forest products.

The percentage share of the various sectors in the total GDP of the country are as follows:


The value additions made by the different sectors of the economy is shown through this following table.

  2000 2003 2004
Agriculture, value added (% of GDP) 12.9 12.1 11.5
Industry, value added (% of GDP) 28.0 29.3 30.7
Services, etc., value added (% of GDP) 59.1 58.6 57.8
Exports of goods and services (% of GDP) 21.5 20.4 20.8
Imports of goods and services (% of GDP) 19.4 22.7 22.3
Gross capital formation (% of GDP) 13.7 18.2 18.8

Structure Of Economy