Important information about Covid-19
- Learn about the most relevant regulations for the business sector issued by the National Government in the midst of the Covid-19 juncture.
- Learn about the regulations and biosecurity protocols issued by the government and the district.
- Learn about the district's regulatory environment, information that is beign updated weekly.
A Business-Friendly and Stable Economy
Colombia: One of the Best Business Environments in Latin America and one of the most competitiveness countries in the region.
In the past decade, Colombia has single-mindedly focused on improving the business climate. As a result, inward foreign direct investment (FDI) has been soaring. Colombia is seen by investors as a dependable, stable place to operate.
According to the World Bank’s 2020 Doing Business survey, Colombia has the third business environment in Latin America, after Chile and Mexico.
Ease of Doing Business (2020)
Is and index that compares 190 economies worldwide measuring the ease of doing business based on business regulation and property rights protection
*A lower value indicates greater ease of doing business. Source: The World Bank, Doing Business Report 2020
Booming Investment
Thanks to this stable, investor-friendly environment, FDI inflows has soared in the past few years. In 2020 the FDI inflows were US$ 7,690 million.
FDI Inflows to Colombia (2011-2020)
In fact, according to investment trends, Colombia is one of the largest recipients of FDI in Latin America, which sets it as one of the best countries to invest in Latin America.
FDI in Latin America (2018 - 2019)
Growing International Trade
Thanks to trade liberalization measures, Colombia’s international trade reached US$ 74 billion in 2020.
Colombia's International Trade (2009-2020)
Business Climate in Bogota Region
Bogota Region: One of the most competitive Cities with an excellent Climate to Do Business in Latin America
Bogota is ranked as one of the cities of the future. Bogota has the third place of the ranking of Latin America’s cities of the future - fDi Magazine 2019 – 2020-.
Significant Foreign Direct Investment
Between 2010 to 2020, Bogota-Region has received approximately US$20,612 million in Foreign Direct Investment Greenfield. The number of invest projects were mainly in Business Services (19%) and Software & IT Services (14%).
FDI* by economic sector (2010 - 2020)
Between 2010 to 2020, United States, Spain, France, UK, Germany, and Canada were the principal source markets of the foreign direct investment in Bogota Region.
Share of FDI* in Bogota Region by Country of Origin (2010-2020)
As one of the major business cities in Latin America, Bogota has great opportunities to invest. Today, there are more than 1,300 foreign capital companies in the city.
Foreign Capital Companies in Bogota (2010 - 2020)
Updated (mm/dd/yyyy): 05.05.2021
