Colombia

  • Population 49,648,685
  • Area (km2) 1,141,749
  • GDP per capita (USD) 6,667.79
  • TPES (Mtoe) 38.36
  • Energy intensity
    (toe/103 2010 USD)
    0.10
  • CO2 emissions - energy (MtCO2) 75.29
DOWNLOAD COLOMBIA'S EIRA 2020 PROFILE

Colombia’s overall risk level against
the assessed areas is low.

While Colombia has the relevant policies and measures in place, there is potential for improvement. Attention should be given to strengthening the country’s institutional governance and the robustness of its policy goals and commitments.

risk level

Among the three risks assessed in EIRA, discrimination between foreign and domestic investors and breach of State obligations are lower compared to unpredictable policy and regulatory change.

  • 37%
    Unpredictable policy and regulatory changes
  • 33%
    Discrimination between foreign and domestic investors
  • 33%
    Breach of state obligations

indicator performance

Colombia has a good performance on three indicators, and a moderate performance on one indicator. It has received a good score of 68 on regulatory environment and investment conditions. On rule of law, it has scored 67, while management of decision-making processes and foresight of policy and regulatory change are at 65 and 58, respectively.

Sub-indicator performance

On a more detailed level, Colombia’s overall sub-indicator performance is good. The highest-scoring sub-indicator is transparency at 81, followed by restrictions on FDI at 80. On management and settlement of investor-State disputes, it has scored 75, and on communication of vision and policies, it has a score of 65. Its performance on respect for property rights (58) and regulatory effectiveness (56) is moderate. The lowest-scoring sub-indicators are robustness of policy goals and commitments and institutional governance, at 50.