A Large Market with Broad Access to International Markets
Companies located in Bogota have direct access to the US$331 billion Colombian market - one of the largest, most dynamic markets in Latin America.
Colombia is the third most populous country in Latin America, home to nearly 50 million potential consumers.
Colombia is the fourth largest market in Latin America after Brazil, Mexico, and Argentina.
In the past decade, Colombia has been growing faster than the rest of Latin America.
Bogota: an Attractive Market
Bogota Region has a population of 11 million people and a GDP of US$104.5 billion, larger than that of many countries in Latin America.
In the past decade, Bogota’s GDP growth has outpaced Colombia and Latin America most of the time.
Thanks to the different Free Trade Agreements (FTAs) in operation, companies based in Bogota have access to an extended market of more than US$48 trillion and 1,450 billion inhabitants.
Updated: (mm/dd/yyyy) 12.19.2019