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A Large Market with Broad Access to International Markets
Companies located in Bogota have direct access to the US$271.456 billion Colombian market, one of the largest, most dynamic markets in Latin America.
Colombia: a Large and Dynamic Emerging Market
Colombia is the third most populous country in Latin America, home to nearly 50 million potential consumers.
Population of Countries in Latin America (2020)
Colombia is the third largest market in Latin America after Brazil, Mexico y Argentina.
GDP of countries in Latin America (2020)
In the past decade, Colombia has been growing faster than the rest of Latin America.
GDP Growth in Bogota*, Colombia and Latin America* (2005 - 2020)
Bogota: an Attractive Market
Bogota Region has a population of approximately 11 million inhabitants and Bogota has a GDP of US$ 70,365 billion; higher than many Latin American countries.
Bogota GDP vs. LATAM Countries GDP (2020)
Access to International Markets
Thanks to the different Free Trade Agreements (FTAs) in operation, companies based in Bogota have access to an extended market of more than US$52 trillion and 1,800 million inhabitants.
Free Trade Agreements in Operation
FTAs Currently Being Negotiated
Double Taxation Agreements in Operation
Bilateral Investment Treaties in Operations
Updated: (mm/dd/yyyy) 05.05.2021