ECONOMY


Colombian's economy is based mainly on agriculture, the explotation of mineral resources, and industry. Coffee plays a dominant role in agriculture, Colombia being the world's second largest producer. It is South America's leading producer of gold, nickel, and coal. Most of the country's land, water, and forrest resources are not utilized.

The GNP per capita was $ 1,240 in 1988. The inflation rate was 24 % in 1987.

Colombia is one of the world's largest producers of coca and cannabis for the illegal international drug trade. It is alleged that drugs exports in recent years have earned Colombia more in revenue than any other product.



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