|
During the year 2001, foreign
investment in Colombia reached US$2.0 billions with a US$414 million (m) decrease with
regards to the registered in the same period of the previous year. This result is due to
the reduction of direct investment flows (-US$1.3 billion), partially compensated by the
increase in the investment of the petroleum sector (US$953 m). Direct investments which
registered the higher decreases between 2000 and 2001, were financial sector (-US$580 m),
manufacturing (-US$452 m), transports and communications (-US$359 m) and mining and
quarries (-US$131 m). On the other hand, portfolio investment registered net capital
outflows of US$41 m, while one year behind, net incomes were US$17 m.
FOREIGN INVESTMENT

|
Foreign Investment 1/ US$ millions
FOREIGN
INVESTMENT |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
| Total |
500.5 |
456.9 |
794.7 |
1,104.7 |
1,924.5 |
1,133.0 |
| Direct |
500.5 |
456.9 |
728.7 |
959.7 |
1,446.5 |
968.4 |
|
Oil |
269.6 |
264.1 |
439.6 |
557.3 |
134.7 |
151.3 |
|
Other sectors |
230.9 |
192.8 |
289.1 |
402.4 |
1,311.8 |
817.0 |
| Portfolio |
- |
- |
66.0 |
145.0 |
478.0 |
164.7 |
FOREIGN
INVESTMENT |
1996 |
1997 |
1998 |
1999 p |
2000 pr |
2001 pr |
| Total |
3,403.8 |
6,154.9 |
2,568.8 |
1,445.3 |
2,391.3 |
1,976.9 |
| Direct |
3,111.7 |
5,562.4 |
2,828.4 |
1,468.0 |
2,374.2 |
2,017.6 |
|
Oil |
778.3 |
382.3 |
91.1 |
-550.9 |
-638.7 |
314.4 |
|
Other sectors |
2,333.4 |
5,180.1 |
2,737.3 |
2,018.9 |
3,013.0 |
1,703.1 |
| Portfolio |
292.2 |
592.5 |
-259.6 |
-22.7 |
17.1 |
-40.7 |
|
p: Provisional. pr: Preliminar.
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 |