Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from the Caribbean:

Back To Today's News

Colombia's economy grows 6.4 percent, follows China as fastest growing country
Published on July 23, 2014 Email To Friend    Print Version

BOGOTA, Colombia -- In the first quarter of 2014, Colombia’s economy grew 6.4 percent in relation to the same period last year, the government’s statistics agency, DANE, announced. Colombia’s significant growth makes it the fastest-growing economy in Latin America and the second-fastest growing economy in the world after China, according to The Economist.

This is the largest economic growth Colombia has seen in the last six years, DANE said.

Growth in the past year has been mainly driven by giants in the sectors of construction (17.2%), services (6.3%) and agriculture (6.1%).

“These numbers reaffirm the positive trend of Colombia’s overall economy, and show that investors and visitors alike will continue to see opportunities in our country,” said Maria Claudia Lacouture, president of Proexport Colombia, the government agency charged with the promotion of trade, investment and tourism.

Colombia is Latin America’s third largest economy, after Mexico and Brazil, according to research firm Capital Economics.

With 13 free trade agreements in place, Colombia has become an important player in the global economy. Colombia’s commercial relationship with the Caribbean region has been growing as well. Between January and December 2013, more than one thousand Colombian companies (1,036) exported more than US$535 million in goods and services to the Caribbean.
Reads: 4722

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


As a result of our comments feature being overtaken in recent weeks by spammers using fake email addresses, producing a large number of bounced verification emails each day, we have reluctantly decided to suspend the comments section until further notice.

User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

Other Headlines:

Regional Sports: