These are usually clear indicators of a performing and growing economy. Currently, the ratings of the bond price are quite high because of the existence of the strong fiscal policy by the central bank of Colombia("Positive current business status, by enterprise size," 2016). The judicial systems in the country have extensively dealt with issues of corruption making the country successful in the monitoring of its financial economies and well as the commercial markets. The greatest challenge currently affecting the economy of Colombia is the vulnerability of her political systems. Quick Summary of Facts about the Economy of Columbia • The country has a population of about 47. • Based on the 2016 economic freedom score chart, the country of Columbia was rated with a score of 70.8 leading to a decline of 0.9 points from the year 2015. • The state was ranked at the third position in both South and Central America or the Caribbean region. This is because the country has a free...
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