Colombia

Colombia, located in the northwest of South America, is the fourth largest country on the continent with respect to land area, spread across 1,138,910 square kilometers. It is also the second largest country in South America in terms of population: 49.8 million in 2018. Bogotá, Medellín, Cali, Barranquilla, Bucaramanga, and Cartagena are the main cities in Colombia, accounting for 46% of the total population. In addition, the [Page 340]average age of inhabitants in Colombia is 30.4 years, with an average life expectancy of 75.25 years, and the majority of the population live in urban areas (80.8%).

In 2017, the Colombian economy was characterized by a production system oriented to the service (61.7%) and industrial (31.3%) sectors. The country had a workforce of 50% of the estimated ...