Region: LatAm and Caribbean

Classification of economies by geographic region is based on that of the United Nations Statistics Division.

Middle Income

Based on the income levels set out by the World Economic Forum (WEF) in its Global Competitiveness Report. However, the groupings are slightly different due to the numbers of economies covered. For GEM, the low income group contains both those classified as low income and lower middle by WEF, and the middle income group has those that WEF groups as upper middle. High income is the same for both GEM and WEF.

Population: 49.1 million (2018)

Population data is from the World Bank, except Palestinian Territories World Population Review and Taiwan Worldometers

GDP Growth: 1.4% (2017)

GDP growth data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

GDP Per Capita: $6,325 (2017)

GDP per capita data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

Colombia Reports

Report information
GEM Colombia 2022 - 2023
Report information
Actividad emprendedora: Colombia un país en reactivación
Report information
Efectos de la COVID-19 en el ritmo empresarial colombiano
Report information
  • Year of publication: 2021
  • Category: National Reports
  • Language: Spanish
  • Upload date: 2022-05-24

  • Recently, the World Economic Forum (2022) shows how Colombia ranks 25th globally (among 50 countries), as a result of the considerable increase of the index in the last three years, based on GEM data. This ranking is based on the National Entrepreneurship Context Index (NECI), which ranks countries with the best conditions for entrepreneurship. In other words, despite the social and economic consequences of the pandemic, the average state of all the structural conditions of the environment for entrepreneurial activity has been improving over the last three years. This book, the result of the GEM Colombia team's research in this 2021-2022 version, presents an analysis of various topics that can be addressed from questions that can be asked by stakeholders.
  • URL:
Nuestro Reto: impacta la dinámica emprendedora colombiana GEM Colombia 2021-2022
Report information
GEM Colombia 2019 Report