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Emma Sky

24 May 2025

10 Fun Economic Facts About Colombia to Know Before You Travel

Colombia is a country in northwestern South America. It is known worldwide for its rich heritage, historic cities, vibrant culture, and dramatic landscape. You can find these things on Google or by exploring Instagram.

We are here to learn about some fun facts that make you eager to make investments in this diverse country. I am talking about the country’s true potential.

In this article, I will uncover some fun facts about the Colombian economy, which will help visitors to understand the country’s diversity.


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Surprising Fun Facts About Colombia, You Must Know


1. Colombian Resources

Colombia has an abundance of resources, including gold, coal, and petroleum. Since colonial times, the west-central part of Colombia has been known for its gold deposits. La Guajira is the largest Colombian coalfield in northern South America. 

The Magdalena and Catatumbo river valleys are known for their Petroleum reserves. The country has a large hydroelectric power plant system that produces electricity for three-fourths of the nation.


2. Colombian coffee is a major part of the economy

Colombia is known worldwide as a top coffee producer. The high-quality Arabica beans are produced here. Coffee production largely contributes to the economy of the country. Tourists take tours of the coffee farms to learn about the cultivation process. The coffee industry enhances the country’s reputation globally. 


3. Emerald capital 

Colombia is the largest producer of emeralds globally. 70% to 90% of the world's emeralds are found here and are known for their exceptional green colour and clarity. Mostly emerald deposits are found in Boyacá and Cundinamarca. Emeralds are largely exported to other countries from Colombia.  


4. Colombia is the 2nd largest flower exporter

After the Netherlands, Colombia is the world’s second-largest flower exporter. It exports more than $2bn worth of flowers each year. There are 1600 varieties and 60 species of flowers in Colombia. The most famous flowers include  Carnations, Chrysanthemums, Lilies, Alstroemeria, and Hydrangeas. The flower industry contributes to the country’s economy and provides thousands of jobs.


5. Tourism is a key contributor to the economy

For tourism, Colombia is a well-known country globally. After the coffee and flower industry, tourism impacts the country’s GDP. Tourists usually travel to Colombia to explore the diverse landscape, rainforests, and stunning beaches with crystal clear water.


Statista highlighted that the travel and tourism market of Colombia in 2025 has reached a revenue of US$3.99bn. The tourism sector is expected to grow, with a projected annual growth rate of 3.95%. 


Did you know how much the tourism sector contributes to Colombian GDP growth?  According to Statista research report, the tourism sector GDP share in Colombia is estimated to reach at the amount of 5.27 percent in 2028. 


6. Second largest biodiversity in the world

Colombia has the second-largest biodiversity in the world, including different species of plants and animals. Almost 10% of the world's plant biodiversity is found in this country, which also includes rare species of plants, butterflies, and freshwater fish. Colombia's vast biodiversity supports the industries of ecotourism and pharmaceuticals. 


7. Colombia is the major oil exporter

Colombia is the major oil exporter in the world. Most people are unaware of this fact. Oil exports play an important role in generating national revenue. Colombia has diverse deposits of crude petroleum. 

Colombia exports Crude Petroleum about $16.1B to the United States, Netherlands, India, and Brazil.


8. One-third of the country is the Amazon rainforest

Colombia has the world's largest rainforests. Almost one-third of the country has Amazon rainforests, which play a significant role in your climate. There is a diversity of freshwater resources that are habitats of rare water species.


9. Economic transformation in Colombia 

Colombia has undergone an economic transformation. It became the fastest-growing economy in Latin America. Colombia has faced regional conflicts, violence, and land ownership issues for decades. However, the government put efforts into industry growth, and reduced inequality.  


10. It also has pink dolphins

Pink dolphins are the inhabitants of Colombian freshwaters. These are found in the Amazon with the pink hue known as Botos or Amazon river dolphins. Most of the rare species of mammals found in Colombia's rivers don’t exist anywhere else.


How to get connected with eSIM in Colombia?

Embedded SIM is an affordable solution to access an internet connection for international travel. Many carriers offer travel eSIMs for multiple countries, but not all of them offer plans according to your travel needs.

eSIM Card is the best carrier that offers local, regional and global eSIM plans for 200+ countries. eSIM offers remote activation with instant connectivity. With Colombia eSIM, your device will automatically connect to the supported network and allow you to use data with zero roaming charges.  


Why is Colombia the best Country to invest in?

Colombia is a country with a diverse region, talented professionals, industrialization and development in the field of science and technology. Foreigners like to invest in the country due to the following reasons. 


Conclusion

Colombia is a country known for its biodiversity, landscapes, and vibrant culture. If you plan to visit, you should know about it. In this article, I have discussed its facts. If you are traveling to Colombia, don’t forget to buy an eSIM to stay connected. 


FAQs

What is Colombia known for economically?

Colombia has the fourth-largest growing economy in Latin America. Gold, coal, oil, coffee, and tourism industries impact the development of the country’s economy. 

What is Colombia famous for?

Colombia is famous worldwide because of its quality coffee production, exceptional green emeralds, beautiful culture, rich biodiversity, natural landscape, and tropical coastline. 

What is Colombia rich for?

Colombia is rich in natural resources. The country has various gold, coal, and petroleum deposits. Agriculture also plays a major role in the economy's growth.

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