Colombia (continued)
Colombian Consulates General in Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico), and Consulates in Atlanta, Boston, Detroit, Ft. Lauderdale, Los Angeles, San Diego, and Tampa; US—Ambassador Thomas E. McNAMARA; Embassy at Calle 38, No.8-61, Bogotá (mailing address is APO Miami 34038); telephone [57](1) 285-1300 or 1688; there is a US Consulate in Barranquilla
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 activity has slowed
gradually since 1986, but growth rates
remain high by Latin American
standards. Conservative economic policies
have encouraged investment and kept
inflation and unemployment under 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: $35.4 billion, per capita $1,110; real growth rate 3.7% (1988)
Inflation rate (consumer prices): 27% (1989 est.)
Unemployment rate: 9.0% (1989 est.)
Budget: revenues $4.39 billion; current expenditures $3.93 billion, capital expenditures $1.03 billion (1989 est.)
Exports: $5.76 billion (f.o.b., 1989 est.); commodities—coffee 30%, petroleum 24%, coal, bananas, fresh cut flowers; partners—US 36%, EC 21%, Japan 5%, Netherlands 4%, Sweden 3%
Imports: $5.02 billion (c.i.f., 1989 est.); commodities—industrial equipment, transportation equipment, foodstuffs, chemicals, paper products; partners—US 34%, EC 16%, Brazil 4%, Venezuela 3%, Japan 3%
External debt: $17.5 billion (1989)
Industrial production: growth rate 2.0% (1989 est.)
Electricity: 9,250,000 kW capacity; 35,364 million kWh produced, 1,110 kWh per capita (1989)
Industries: textiles, food processing, oil, clothing and footwear, beverages, chemicals, metal products, cement; mining—gold, coal, emeralds, iron, nickel, silver, salt
Agriculture: accounts for 22% of GDP; crops make up two-thirds and livestock one-third of agricultural output; climate and soils permit a wide variety of crops, such as coffee, rice, tobacco, corn, sugarcane, cocoa beans, oilseeds, vegetables; forest products and shrimp farming are becoming more important
Illicit drugs: major illicit producer of cannabis and coca for the international drug trade; key supplier of marijuana and cocaine to the US and other international drug markets; drug production and trafficking accounts for an estimated 4% of GDP and 28% of foreign exchange earnings
Aid: US commitments, including Ex-Im (FY70-88), $1.6 billion; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $2.9 billion; Communist countries (1970-88), $399 million
Currency: Colombian peso (plural—pesos); 1 Colombian peso (Col$) = 100 centavos
Exchange rates: Colombian pesos (Col$) per US$1—439.68 (January 1990), 382.57 (1989), 299.17 (1988), 242.61 (1987), 194.26 (1986), 142.31 (1985)
Fiscal year: calendar year
Communications
Railroads: 3,563 km, all 0.914-meter
gauge, single track
Highways: 75,450 km total; 9,350 km paved, 66,100 km earth and gravel surfaces
Inland waterways: 14,300 km, navigable by river boats
Pipelines: crude oil, 3,585 km; refined products, 1,350 km; natural gas, 830 km; natural gas liquids, 125 km
Ports: Barranquilla, Buenaventura, Cartagena, Covenas, San Andres, Santa Marta, Tumaco
Merchant marine: 34 ships (1,000 GRT or over) totaling 334,854 GRT/487,438 DWT; includes 23 cargo, 1 chemical tanker, 1 petroleum, oils, and lubricants (POL) tanker, 9 bulk
Civil air: 106 major transport aircraft
Airports: 673 total, 622 usable; 66 with permanent-surface runways; 1 with runways over 3,659 m; 10 with runways 2,440-3,659 m; 124 with runways 1,220-2,439 m
Telecommunications: nationwide radio relay system; 1,890,000 telephones; stations—413 AM, no FM, 33 TV, 28 shortwave 2 Atlantic Ocean INTELSAT earth stations with 2 antennas and 11 domestic satellite stations
Defense Forces
Branches: armed forces include Police
(Policia Nacional) and military—Army (Ejercito
Nacional), Air Force (Fuerza Aerea
de Colombia), Navy (Armada Nacional)
Military manpower: males 15-49, 8,768,072; 5,953,729 fit for military service; 354,742 reach military age (18) annually
Defense expenditures: 1.9% of GDP, or $700 million (1990 est.)
