Colombian Economy
The Colombian economy is classified as an upper-middle-income economy, primarily driven by sectors such as agriculture, mining, and manufacturing. Key exports include coffee, flowers, and coal, which contribute significantly to the country's revenue. The economy has shown resilience, with steady growth rates in recent years, despite challenges like inflation and global market fluctuations.
In addition to traditional industries, Colombia is increasingly focusing on technology and innovation to diversify its economic base. The government has implemented various reforms to attract foreign investment and improve infrastructure, aiming to enhance competitiveness and foster sustainable development in the long term.