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Foreign investment

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


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