GDP:
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purchasing power parity - $45.65 billion (2003 est.)
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GDP - real growth rate:
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2.5% (2003 est.)
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GDP - per capita:
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purchasing power parity - $3,300 (2003 est.)
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GDP - composition by sector:
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agriculture: 8.7%
industry: 29.7%
services: 61.6% (2003 est.)
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Investment (gross fixed):
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21.7% of GDP (2003)
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Population below poverty line:
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65% (2003 est.)
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Household income or consumption by percentage share:
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lowest 10%: 2.2%
highest 10%: 33.8% (1995)
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Distribution of family income - Gini index:
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43.7 (1995)
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Inflation rate (consumer prices):
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7.9% (2003 est.)
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Labor force:
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4.36 million (urban) (2003)
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Labor force - by occupation:
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agriculture 30%, industry 25%, services 45% (2001 est.)
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Unemployment rate:
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9.8%; note - underemployment of 47% (2003 est.)
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Budget:
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revenues: $6.908 billion
expenditures: planned $6.594 billion, including capital expenditures of $1.6 billion (2003)
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Public debt:
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53.7% of GDP (2003)
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Industries:
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petroleum, food processing, textiles, wood products, chemicals
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Industrial production growth rate:
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5.3% (2003 est.)
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Electricity - production:
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75.23 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 81%
hydro: 19%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
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69.96 billion kWh (2001)
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Electricity - exports:
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0 kWh (2001)
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Electricity - imports:
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0 kWh (2001)
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Oil - production:
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421,200 bbl/day (2001 est.)
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Oil - consumption:
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129,000 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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2.358 billion bbl (1 January 2002)
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Natural gas - production:
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160 million cu m (2001 est.)
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Natural gas - consumption:
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160 million cu m (2001 est.)
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Natural gas - exports:
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0 cu m (2001 est.)
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Natural gas - imports:
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0 cu m (2001 est.)
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Natural gas - proved reserves:
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106.5 billion cu m (1 January 2002)
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Agriculture - products:
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bananas, coffee, cocoa, rice, potatoes, manioc (tapioca), plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy products; balsa wood; fish, shrimp
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Current account balance:
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$-117 million (2003)
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Exports:
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$6.073 billion (2003 est.)
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Exports - commodities:
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petroleum, bananas, cut flowers, shrimp
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Exports - partners:
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US 41.5%, Colombia 5.6%, Germany 5.5%, South Korea 5.5% (2003 est.)
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Imports:
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$6.22 billion (2003 est.)
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Imports - commodities:
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consumer goods, industrial raw materials, capital goods
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Imports - partners:
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US 23.1%, Colombia 12.4%, Brazil 8.1%, Venezuela 6.9%, Chile 4.7%, Japan 4.1% (2003 est.)
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Reserves of foreign exchange & gold:
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$1.161 billion (2003)
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Debt - external:
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$15.69 billion (2003)
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Economic aid - recipient:
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$120 million (2001)
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Currency:
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US dollar (USD)
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Currency code:
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USD
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