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Colombian economic engine is moving forward

Monday, April 8, 2013

Colombia, at one point in time, was more known for drug trafficking rather than its economic prowess, but that reputation is slowly changing as the nation continues to post strong economic growth numbers.

The GDP data is even more impressive in light of the struggles the Western world has been experiencing.

The nation recorded annual GDP growth of between 4-6 percent in the 2010 to 2012 time period, and the IMF projects Colombia to post another solid growth figure of 4.4 percent in 2013.

Source: Forbes