Presentaciأ³n Colombia - Inglأ©s GDP PPP 2018* (USD . billlion) Latin American Economies. COLOMBIA

  • View
    0

  • Download
    0

Embed Size (px)

Text of Presentaciأ³n Colombia - Inglأ©s GDP PPP 2018* (USD . billlion) Latin American Economies....

  • Investment Environment and Business Opportunities

    C O L O M B I A

  • PROCOLOMBIA

    WE PROMOTE EXPORTS

    WE PROMOTE TOURISM

    WE PROMOTE INVESTMENT AND

    INDUSTRIAL EXPANSION FOR

    INTERNATIONALIZATION

    WE PROMOTE COUNTRY BRAND

    PROMOTES

  • 33 COUNTRIES

    PRESENCE OF PROCOLOMBIA IN THE WORLD

    *En conjunto con el MinCIT **En alianza con países de la Alianza del Pacífico

  • GDP PPP 2018* (USD billlion)

    Latin American Economies

    COLOMBIA Is the 32nd largest economy in the world and 4th in Latin America.

    458

    463

    480

    484

    543

    551

    556

    661

    707

    733

    749

    758

    791

    919

    956

    1 000

    1 319

    2 575

    3 371

    Peru

    Austria

    Chile

    Hong Kong SAR

    Sweden

    Switzerland

    Singapore

    Algeria

    Vietnam

    United Arab Emirates

    Colombia

    Bangladesh

    South Africa

    Argentina

    Philippines

    Malaysia

    Australia

    Mexico

    Brazil

    Source: IMF, WEO, January 2019.

    Esittäjä Esityksen muistiinpanot QUITAR LOGOS DE LA DERECHA

  • GROSS DOMESTIC PRODUCT Estimated growth 2019

    Colombia will be one of the top growing economies in Latin America in 2019

    Source: IMF. January 2019.

    4,1% 3,5% 3,4% 2,5% 2,3% 2,2%

    C hi

    le

    -5,0% C

    ol om

    bi a

    Ve ne

    zu el

    a

    Br az

    il

    LA TA

    M

    Pe ru

    M ex

    ic o

    -1,6%

    A rg

    en tin

    a

  • Source: IMF, WEO 2019, January

    The Colombian economy is on the path of recovery and will expand by about 3.5% in

    2019-2020

    6,6%

    4,0%

    4,9%

    4,4%

    3,1%

    2,0% 1,8%

    2,7%

    3,5% 3,7%

    0%

    1%

    2%

    3%

    4%

    5%

    6%

    7%

    2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

    GDP Growth (constant prices, % rate)

  • COLOMBIA IS THE 28th most populated country in the world

    and the 3rd in Latin America

    Latin America

    *Estimated,. Source: IMF, 2019

    210,7

    125,9

    65,4 60,7 51,9 50,4 46,2 45,1

    32,8 32,5 28,1 25,6 18,8 17,3 11,5 11,4 10,7 10,8 10,4 10,2 9,0 9,1 5,8 5,4 3,5

    Population in 2019* (million)

  • Source: Source: Colombian National Bank (Banco de la República), January 2019.

    Since 2013 the unemployment rate has remained at a single-

    digit level.

    It is expected that in 2019 and 2020, the unemployment rate will continue to be at a one - digit level.

    11,3

    12 11,8

    10,8

    10,4

    9,7

    9,1 8,9

    9,2 9,3 9,2 9,1

    8

    8,5

    9

    9,5

    10

    10,5

    11

    11,5

    12

    12,5

    2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

    Unemployment rate (Percent of the population)

    Esittäjä Esityksen muistiinpanot Para 2018 y 2019, se estima que continúe con esta tendencia, con un leve descenso respecto a lo registrado en 2017.

  • A GROWING MIDDLE CLASS WITH HIGH PURCHASING POWER

    Share of the population belonging to the middle class vs GDP per capita evolution 2002 – 2017

    1.8% G D P G r o w t h i n 2 0 1 7

    2.7% 3.5% G D P G r o w t h i n 2 0 1 8

    G D P g r o w t h f o r e c a s t f o r 2 0 1 9

    GDP (USD PPP, constant prices)

    Middle class(%)

    5,00%

    10,00%

    15,00%

    20,00%

    25,00%

    30,00%

    35,00%

    5000

    6000

    7000

    8000

    9000

    10000

    11000

    12000

    13000

    14000

    15000

    2002 2003 2004 2005 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

    30,4%

    14.436

    Source:Poverty indicators (DANE) and GDP (World Bank) Middle class: Estimated by ProColombia

  • Source: S&P Ratings; Dinero magazine, Colombian Treasury. * Portafolio 2018

    COLOMBIA

    Ra nk

    in g

    Te rm

    Long Term – Foreign

    currency

    BBB- BBB

    Long Term – Foreign

    currency

    FitchRatings MOODY S,STANDARD& POOR S,

    Baa2

    Long Term – Foreign

    currency

    In March 2017, Fitch Ratings* improved Colombia´s rating outlook: from Negative to Stable

    In July 2014, Moody´s was the last rating agency in improving Colombia´s rating due to two key drivers:

    Positive growth forecast thanks to 4G infrastructure.

    1. A sound fiscal management that will continue in the future.

    2.

    an investment grade country

    Esittäjä Esityksen muistiinpanot En Febrero 2018 Moody´s rebajó la perspectiva de Colombia a Negativa pero mantuvo calificación

  • AUSTRALIA NEW ZEALAND

    JAPAN SOUTH KOREA

    Being part of the OECD countries means that public institutions in Colombia will meet

    standards of the developed world more confidence for investors

    COLOMBIA IS THE 37TH MEMBER OF THE OECD

    “The OECD investment policy review examines Colombia's achievements in developing an open and transparent

    investment regime and its efforts to reduce restrictions on international

    investment” OECD

    CANADA UNITED STATES MEXICO CHILE COLOMBIA

    AUSTRIA BELGIUM CZECH REPUBLIC DENMARK ESTONIA FINLAND FRANCE GERMANY GREECE HUNGARY ICELAND IRELAND ISRAËL ITALY

    LATVIA LUXEMBOURG NETHERLANDS NORWAY POLAND PORTUGAL SLOVAK REPUBLIC SLOVENIA SPAIN SWEDEN SWITZERLAND TURKEY UNITED KINGDOM

    Esittäjä Esityksen muistiinpanot “Todos ganamos cuando apostamos por tener instituciones de calidad que cumplan con los estándares internacionales.”

    La OCDE aprobó los 23 comités de Colombia

    Agricultura Asuntos fiscales Cohecho en las Transacciones Comerciales Internacionales Comercio Competencia Desarrollo Regional Educación Empleo y Asuntos Sociales Estadísticas Gobernanza Pública Gobierno Corporativo Inversión Mercados financieros Pesca Política Ambiental Política científica y tecnológica Política del consumidor Política Digital Política regulatoria Químicos Salud Seguridad Social y Pensiones Privadas Trabajo

  • Source: OECD, May 2017.

    More barriers

    Less barriers

    Latin American Economies

    Closed = 1 - Open = 0

    FDI’s Regulatory Restrictiveness Index 2017

    COLOMBIA LOW BARRIERS TO FDI

    0,00

    0,05

    0,10

    0,15

    0,20

    0,25

    0,30

    0,35

    0,40

    0,45

    Esittäjä Esityksen muistiinpanot The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 58 countries, including all OECD and G20 countries, and covers 22 sectors.

  • COLOMBIA IS PART OF THE TOP 30 DESTINATIONS FOR FDI

    Source: UNCTAD, 2017.

    Developed economies

    (USD billion) Top 30 host economies in 2017

    Developing and transition economies

    275

    136

    104

    63 62 58 50 46 40 35 30 30 29 25 24 19 19 17 17 15 15 15 14 11 10 10 7 7 6

    -2

    Esittäjä Esityksen muistiinpanot The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 58 countries, including all OECD and G20 countries, and covers 22 sectors.

  • FDI has been largely driven by non-mining sectors over the last 3 years

    FDI Inflows (USD millon)

    2010 – 2018

    Mining and oil Other sectors

    Source: Balance of Payments - Banco de la Republica. Share of all countries with positive cumulative investment, The information includes reinvested profits or investments in the oil sector Note: the list of the top countries investing in Colombia does not include Panama.

    Top Investing countries in Colombia

    * 2000-2018 United StatesUSD 36,377 million 20,7%

    Mexico USD 6.932 million

    4,0%

    Spain USD 17.274 million

    9,9%

    Switzerland USD 10.763 million

    6,1%

    1 512

    7 468 7 095 8 121 9 854 8 584

    11 589 9 951 8 6504 918

    7 180 7 945 8 089

    6 314

    3 139

    2 261 4 062

    2 360

    2010 2011 2012 2013 2014 2015 2016 2017 2018

    1 110 1 872

    871

    1 463

    2018 Q1 2019 Q1

    United Kingom USD 21.026 million

    12,0%

    Foreign Direct Investment from European countries in Colombia 2000-2018 USD 67.098 million

    38,3%

    1 2 3 4 5

    FDI increased by 68% during the first quarter of

    2019

    Esittäjä Esityksen muistiinpanot

  • Source: Directorio de Zonas Francas 2019 DANE

    No import duties. VAT exemption for goods sold from Colombia to FTZ.

    Benefit from international trade agreements.

    Allows sales to the local market.Free trade zones for different investor styles.

    Total number Free Trade:

    114 Number of permanent

    Free Trade Zones:

    43

    Number of Special Standing Single enterprise:

    71

    Free Trade Zones Offer: Reduced income tax and VAT Exemptions allowing access to local market

    Colombia is the country in Latin America with the most

    free trade zones