|
At the end of the third quarter of 2001, foreign investment in Colombia reached US$1.7
billions with a US$122 million (m) growth with regards to the registered in the same
period of the previous year. This result is due to the increase of direct investment flows
(US$148 m), especially in the petroleum sector that in 2001 obtained income for US$217 m,
while in the previous year registered expenditures of US$488 m. Direct investments with
destiny to the rest of sectors, which registered a decrease of US$557 m and added US$1.513
m, were principally channeled to communications, mining and quarries and to the industrial
sector. On the other hand, portfolio investment registered net capital outflows of US$14
m, while one year behind, net incomes were US$12 m.
FOREIGN INVESTMENT

|
Foreign Investment 1/ US$ millions
FOREIGN
INVESTMENT |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
| Total |
500.5 |
456.9 |
794.7 |
1,104.7 |
1,924.5 |
1,133.0 |
3,403.8 |
| Direct |
500.5 |
456.9 |
728.7 |
959.7 |
1,446.5 |
968.4 |
3,111.7 |
|
Oil |
269.6 |
264.1 |
439.6 |
557.3 |
134.7 |
151.3 |
778.3 |
|
Other sectors |
230.9 |
192.8 |
289.1 |
402.4 |
1,311.8 |
817.0 |
2,333.4 |
| Portfolio |
- |
- |
66.0 |
145.0 |
478.0 |
164.7 |
292.2 |
FOREIGN
INVESTMENT |
1997 |
1998 |
1999 p |
2000 pr |
2000 pr* |
2001pr* |
|
| Total |
6,154.9 |
2,563.5 |
1,441.1 |
2,393.1 |
1,594.5 |
1,716.4 |
|
| Direct |
5,562.4 |
2,828.4 |
1,468.0 |
2,376.0 |
1,582.5 |
1,730.4 |
|
|
Oil |
382.3 |
91.1 |
-550.9 |
-637.0 |
-487.7 |
217.2 |
|
|
Other sectors |
5,180.1 |
2,737.3 |
2,018.9 |
3,013.0 |
2,070.2 |
1,513.2 |
|
| Portfolio |
592.5 |
-264.9 |
-26.9 |
17.1 |
12.0 |
-14.0 |
|
|
p: Provisional. pr: Preliminar.
*: Up to September.
1/ Since 1994, the statistics correspond to the new measurement of the Balance of Payments
, according to the Balance of Payments Methodology of the 5th Edition International
Monetary Fund Balance of Payments Manual .
Source: Banco de la República, International Exchange and Economic
Studies Department |