The economy of Colombia is the 3rd largest in Latin America- Juan Arango Millan

Colombia’s economy is the third largest in Latin America and the 24th largest in the world. Its gross domestic product (GDP) of $532 billion USD makes it Colombia's most valuable export, after natural resources such as oil and gold. Colombia’s GDP per capita was $12,600 USD in 2017, which is higher than that of many developed countries, including Mexico ($8,900 USD), Brazil ($12,000 USD), Chile ($17,500 USD), and Argentina ($11,000 USD). However, according to recent statistics from UNICEF, it still has a high level of inequality, with 44% of Colombians living below the poverty line. Colombia’s economy is growing at an estimated rate of 2.5% per year, which is higher than its GDP growth in 2017 (1.9%). Inflation has also decreased significantly from 15.3% in 2017 to 3.8% in 2018, which makes it easier for consumers and businesses to spend money without worrying about losing its value over time. In 2018, Colombia’s economy is booming, with exports of natural resources such as oil and gold driving economic growth. However, the country has been hit by a number of economic challenges that could affect its future prosperity. In 2018, Colombia’s economy is booming with exports of natural resources such as oil and gold driving economic growth. However, the country has been hit by a number of economic challenges that could affect its future prosperity. The first major issue facing Colombia is the widespread corruption within its government. Many of the country’s politicians have been accused of taking bribes from drug cartels and other criminal organizations to influence government policies. In 2018, Colombia’s economy was booming, with exports of natural resources such as oil and gold driving economic growth. However, the country has been hit by a number of economic challenges that could affect its future prosperity. The first major issue facing Colombia is the widespread corruption within its government. Many of the country’s politicians have been accused of taking bribes from drug cartels and other criminal organizations in exchange for influence over government policies . In 2018, Colombia’s economy was booming, with exports of natural resources such as oil and gold driving economic growth. However, the country has been hit by a number of economic challenges that could affect its future prosperity. The first major issue facing Colombia is the widespread corruption within its government. Many of the country’s politicians have been accused of taking bribes from drug cartels and other criminal organizations in exchange for influence over government policies . In 2018, Colombia’s economy was booming, with exports of natural resources such as oil and gold driving economic growth. However, the country has been hit by a number of economic challenges that could affect its future prosperity. The first major issue facing Colombia is the widespread corruption within its government. Many of the country’s politicians have been accused of taking bribes from drug cartels and other criminal organizations to influence government policies.

Comments

Post a Comment

Popular posts from this blog

Juan Arango Millan Translation - Coat of Arms of the Arango. Crows on the right hand? Ravens to the sinister? By: Bernardo Mejia Arango

Image
Coat of Arms of the Arango.  Crows on the right hand?  Ravens to the sinister? By: Bernardo Mejía Arango Special collaboration: Ariel Arango Hincapíe.  Thanks to your tour of Asturias, for visiting the Pravia Council and for the oral information provided, and especially for sending me the book by Manuel Luis Ruiz de Bucesta y Alvarez: "Heraldic Route of Pravia".  "Our hero asked his Majesty to authorize  him and his descendants to  paint the six crows as weapons on his shield as a souvenir of that battle. And the king granted him this honor"  (D  and Ely Ramírez, Parish Yearbook 1947-1948, and reproduced by the Manuel López de la Torre Cultural Association)  http://es.wikipedia.org/wiki/Escudo_de_Pravia "The site was divided into many branches, which had their houses in the Arango Valley as well as outside of it. Some branches kept the old name of Cuervo and others used that of the site of Arango"    (Joseph Manuel Trelles Villademo...
Read more

The Global Economy- Juan Arango Millan

The global economy is an ever-changing landscape that is constantly impacted by a variety of factors. From the rise of new technologies to the emergence of new markets, the world's economy is constantly in flux. In order to understand the current state of the global economy, it is important to look at the major trends that are driving it. One of the most significant trends impacting the global economy is the rise of emerging markets. These markets are characterized by rapid economic growth and increased investment opportunities. Countries such as China, India, and Brazil are some of the most notable emerging markets that are driving the global economy. These countries have seen a surge in economic growth in recent years, which has led to increased investment opportunities and a greater level of economic stability. Another trend that is impacting the global economy is the increasing interconnectedness of the world's markets. As technology advances, it is becoming easier for ...
Read more

Juan Arango Millan Translation - The Arango: 14 and 15 generations By: Bernardo Mejia Arango

Image
Monday, november 2, 2009 The Arango: 14 and 15 generations Starting with Mr. Domingo Antonio de Arango y Valdés and his wife Ms. Olaya de Zafra Castrillón, who originated the surname Arango in Colombia and whom we will count as generation 1, 14 generations have been registered as follows: 1. Domingo Antonio de Arango y Valdés, born around 1635 in Villagonzay, San Martín de Arango, Asturias, Spain.  He died on December 2, 1677 in Rionegro (Antioquia), at the age of 42.  His remains rest in the Church of San Nicolás de Rionegro.  He married in 1660 in the Aburrá Valley, with Mrs. Olaya de Zafra Castrillón who had been born in Arma Vieja, Caldas department. 2. Esteban Arango Zafra, Ensign, born in 1670 in Medellín.  He died in Medellín.  He married on December 19, 1694 in the Aburrá Valley, with Gertrudis Vélez de Rivero Toro, who had been born in 1674 3.   José Eugenio Arango Vélez was born in 1697 in Rionegro, he died in Rionegro.  He married on Ma...
Read more