Skip to main content
Menu: Transversal
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Legal Guide
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Visit Colombia
    • Colombia Country Brand
letter
Header
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Mapa de oportunidades
    • Legal Guide
    • Guía legal
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Actualiadad
    • Visit Colombia
    • Visita Colombia
    • Colombia Country Brand
    • Marca Colombia

Invest in Colombia

Invest in Colombia
Main navigation
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
  • EN
  • ES
lsearch
  • EN
  • ES
Navegación principal
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
Síganos:
Invest
now!
Colombia was the South American country with major developments in regards to competitiveness
Breadcrumb
  1. Home
  2. Articles and assets
  3. Articles
  4. Colombia was the South American country with major developments in regards to competitiveness

Colombia was the South American country with major developments in regards to competitiveness

Share
  • Twitter
  • Facebook
  • Linked in
28 of June of 2013

For the rating this year, Colombia improved in four out of the three pillars that were evaluated in the World Competitiveness Ranking.

As an example, in the metric of Government Efficiency, it rose from 50th to 42nd place due to an improvement in its public finances driven by higher tax revenue and improvement in the business legislation.

In regards of business efficiency, the country advanced from 48th to 44th place. The most relevant element in this category was the improvement in the job market rising 16 notches led by an increased perception from employers, employee training programs and employee turnover rates.

Improvements in the business environment are also being a relevant factor to attract highly skilled foreign personnel with an interest in working in Colombia.

As for the metric of basic infrastructure the most important issues were the quality of air transportation, energy infrastructure and access to basic goods.

Among the strengths that the World Competitiveness Ranking highlighted for the Colombian economy are the increase in foreign direct investment flows, growth of global and per capita gross domestic product (GDP), constant decline of the unemployment rate and the endurance to withstand external shocks, among others.

According to interviewed entrepreneurs the financial market access, a business friendly environment, training standards for the workforce, competitive costs and legal and economic stability were the five important aspects to support economic strength.

Articles related

22 of November of 2021
Investment incentives
Major industries in Colombia: prepared to welcome international investors.

Major industries in Colombia: prepared to welcome international investors

03 of November of 2021
Energy
Green hydrogen, an alternative for Colombia's energy future.

Green hydrogen, an alternative for Colombia's energy future

06 of October of 2021
Investment incentives
Reasons to invest in Colombia: the most welcoming place for business.

Reasons to invest in Colombia: the most welcoming place for business

05 of October of 2021
Healthcare services
The company Beurer has arrived in Colombia to invest in the healthcare sector.

The company Beurer has arrived in Colombia to invest in the healthcare sector

04 of October of 2021
Investment incentives
Benefits of investing in Colombia international investors’ views on the most welcoming place for business.

Benefits of investing in Colombia: international investors’ views on the most welcoming place for business.

Pre Footer
  • About Procolombia
  • Ministries and Embassies
  • Regional Information
  • Documents and White papers
Procolombia
Colombia Co
Procolombia
Colombia Co
  • Calle 28 No 13A - 15 Floor 35-36 Bogotá - Colombia
  • PBX: +57 601 5600100 - Fax: +51 601 5600104
  • Monday through Friday 8:30 a.m. - 5:30 p.m.
Footer
  • Citizen Services
  • Complaints
  • Contact Us
  • Work with us
  • Sustainability Report
Síganos:
Footer Final
  • About this site
  • Terms of use
  • Personal Data Protection
Síguenos: