Colombia

Wikipedia Country Information

Colombia ( kə-LUM-biə or kə-LOM-biə; Spanish: [koˈlombja]), officially the Republic of Colombia (Spanish: República de Colombia ), is a sovereign state largely situated in the northwest of South America, with territories in Central America. Colombia shares a border to the northwest with Panama, to the east with Venezuela and Brazil and to the south with Ecuador and Peru. It shares its maritime limits with Costa Rica, Nicaragua, Honduras, Jamaica, Haiti and the Dominican Republic. It is a unitary, constitutional republic comprising thirty-two departments. The territory of what is now Colombia was originally inhabited by indigenous peoples, with as most advanced the Muisca, Quimbaya and the Tairona.
The Spanish set foot on Colombian soil for the first time in 1499 and in the first half of the 16th century initiated a period of conquest and colonization, ultimately creating the New Kingdom of Granada, with as capital Santafé de Bogotá. Independence from Spain was acquired in 1819, but by 1830 the "Gran Colombia" Federation was dissolved. What is now Colombia and Panama emerged as the Republic of New Granada. The new nation experimented with federalism as the Granadine Confederation (1858), and then the United States of Colombia (1863), before the Republic of Colombia was finally declared in 1886. Panama seceded in 1903. Since the 1960s, the country has suffered from an asymmetric low-intensity armed conflict, which escalated in the 1990s but then decreased from 2005 onward. Colombia is one of the most ethnically and linguistically diverse countries in the world, and thereby possesses a rich cultural heritage. The urban centres are mostly located in the highlands of the Andes mountains.
Colombian territory also encompasses Amazon rainforest, tropical grassland and both Caribbean and Pacific coastlines. Ecologically, it is one of the world's 17 megadiverse countries, and the most densely biodiverse of these per square kilometer. Colombia is a middle power and a regional actor with the fourth-largest economy in Latin America, is part of the CIVETS group of six leading emerging markets and is a member of the UN, the WTO, the OAS, the Pacific Alliance, and other international organizations. Colombia has a diversified economy with macroeconomic stability and favorable growth prospects in the long run.


Instruments ratified: 114 / 282
World Average Ratifications: 114 / 282
Ratification rate: 45.10%
World Average Rate: 41.25%
Weighted score: 52.85%
World Average Weighted Score: 41.25%
World rank: 60 / 194
Developing country rank: 18 / 87
Developing country Avg. Ratifications: 109 / 282
South America rank: 4 / 13
South America Avg. Ratifications: 111 / 282
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws0/70.00%3.00%27Weak
E-commerce2/3 (66.67%)66.67%18.00%2Strong
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement0/40.00%3.00%31Weak
Sale of Goods1/5 (20.00%)45.45%25.00%29Strong
Travel contracts0/10.00%3.00%7Weak
Total321.74%9.00%12Strong
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation0/60.00%26.00%117Weak
Exemption from Duties0/90.00%30.00%133Weak
Temporary Admission0/110.00%28.00%126Weak
Transit0/40.00%28.00%98Weak
Total25.43%31.00%151Weak
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration1/6 (16.67%)25.00%32.00%86Weak
Judicial cooperation3/5 (60.00%)78.95%36.00%42Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction0/40.00%14.00%29Weak
State court procedure0/10.00%6.00%12Weak
State immunities 0/10.00%11.00%22Weak
Total440.00%29.00%56Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air4/5 (80.00%)80.00%86.00%59Weak
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy0/20.00%25.00%50Weak
Flora and fauna6/10 (60.00%)65.22%68.00%91Weak
Foodstuff1/2 (50.00%)37.50%79.00%136Weak
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea12/26 (46.15%)50.00%46.00%92Weak
Protected geographical areas 1/1 (100.00%)100.00%27.00%1Strong
Waste1/1 (100.00%)100.00%93.00%1Weak
Total2760.94%61.00%105Weak
 
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency1/1 (100.00%)100.00%21.00%1Strong
Bills of exchange and promissory notes0/40.00%8.00%43Weak
Cheques0/30.00%13.00%36Weak
Credit transfers0/10.00%0.00%1Average
International guarantees2/3 (66.67%)54.55%20.00%5Strong
Total326.83%12.00%16Strong
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption2/4 (50.00%)50.00%50.00%82Weak
Cultural Property3/4 (75.00%)81.25%54.00%21Strong
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime1/2 (50.00%)62.50%80.00%112Weak
Total975.00%68.00%56Average
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights7/7 (100.00%)100.00%96.00%1Weak
Labour Standards8/8 (100.00%)100.00%86.00%1Strong
Total15100.00%91.00%1Average
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 8/10 (80.00%)80.00%73.00%56Average
Trade support institutions4/6 (66.67%)66.67%51.00%56Strong
Total1376.47%63.00%61Strong
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting1/1 (100.00%)100.00%47.00%1Strong
Copyright3/3 (100.00%)100.00%65.00%1Strong
Industrial designs0/20.00%31.00%82Weak
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights3/3 (100.00%)100.00%46.00%1Strong
Origin0/30.00%14.00%51Weak
Patents2/5 (40.00%)47.62%57.00%87Weak
Trademarks2/6 (33.33%)45.45%33.00%61Strong
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total1256.84%42.00%60Strong
 
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
Total266.67%57.00%2Strong
 
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
Timber1/1 (100.00%)100.00%31.00%1Strong
General1/1 (100.00%)100.00%92.00%1Weak
Total276.92%53.00%23Strong
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport5/7 (71.43%)90.48%59.00%4Strong
Aircrafts and civil aviation 4/9 (44.44%)56.00%74.00%151Weak
Maritime shipping and load lines 7/13 (53.85%)71.43%66.00%107Weak
Maritime transport1/12 (8.33%)12.50%27.00%143Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport0/30.00%22.00%50Weak
Road transport0/40.00%31.00%86Weak
Space1/4 (25.00%)16.67%40.00%103Weak
Telecommunications2/2 (100.00%)100.00%47.00%1Strong
Total2045.95%50.00%115Weak
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General1/4 (25.00%)41.67%30.00%41Strong
Total141.67%30.00%41Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total145.45%47.00%45Weak
 
Strong
ContractsE-commerce
ContractsSale of Goods
CustomsCustoms Codification
Dispute resolutionJudicial cooperation
Environment and productsChemicals
Environment and productsProtected geographical areas
Finance, payments and insolvencyBankruptcy and insolvency
Finance, payments and insolvencyInternational guarantees
Good Governance Cultural Property
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationDispute Resolution
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyNeighboring Rights
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
ProductsTimber
Transport and telecommunicationsAir transport
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
Institutional ParticipationInternational Trade Law
 
Weak
ContractsAgency
ContractsConflict of laws
ContractsLeasing/Factoring
ContractsProcurement
ContractsTravel contracts
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsAir
Environment and productsEnergy
Environment and productsFlora and fauna
Environment and productsFoodstuff
Environment and productsGeneral
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Good Governance Corruption
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsHuman rights
Intellectual propertyIndustrial designs
Intellectual propertyIntegrated circuits
Intellectual propertyOrigin
Intellectual propertyPatents
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsSpace
WTOPlurilateral Agreements

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