SOUTH AMERICA
Why Colombia?
A Pro-Business Nation
This South American country has a long, rich history of resource discovery. Colombia offers a compelling combination of geological potential, economic stability, and a pro-business regulatory environment that makes it one of the premier destinations for mineral exploration in Latin America.
Key Economic Indicators
GDP US$242 Bn
5th largest economy in Latin America
World Bank
Steadiest GDP growth in Latin America 1970–2007
DANE
Lowest average inflation in Latin America 1998–2008
+400%
FDI increase 2002–2008
World Bank
2nd best business climate in Latin America
Forbes
2nd best investor protection in Latin America
Total
4th largest market capitalization in Latin America
US$8.8 billion
Infrastructure investment through 2012
3.2%
Mine royalties to government
~32%
Nominal corporate tax rate