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Here, we take a look at the economic and military power of Colombia. The Latin American country recently made headlines for making a peace agreement with the FARC rebel group, a conflict that has been going on since 1964. Broadly speaking, Colombia has the foundations of a strong, robust economic power, but has a long way to go.
The disparity between rural communities and Colombia's urban center is quite drastic. The World Bank reports that roughly a third of Colombians live in poverty, largely due to years of violent conflict between rebel groups and the military. Still, Colombia's GDP is nearly $400 billion, placing it close to countries like Norway and Austria. Colombia's primary industry is energy production, as the fourth largest coal producer worldwide, and the fourth-largest oil producer in Latin America. The country is in the midst of a growing tech industry, earning the name of "Silicon Valley of South America."
Over the past few decades, Colombia has been trying to extinguish the illegal drug trade rooted within its borders. It's been a long endeavor and the country's relatively small military force has struggled to gain ground on figures like Pablo Escobar who made a fortune off the drug trade. The U.S. has stepped in to help provide military and economic support to Colombia. Ultimately, Colombia has big ambitions for growth, but still finds itself feeling the repercussions of the drug trade and widespread poverty.
Profiles: Colombia's armed groups
"Colombia's civil conflict has lasted more than five decades, drawing in left-wing rebels and right-wing paramilitaries."
How Colombia went from murder capital to tech powerhouse
"When Mark Zuckerberg hosted Facebook's first overseas town hall meeting, he didn't go to Beijing, London or Dubai."
Colombia: from failed state to Latin American powerhouse
"There's one thing everyone needs to know about doing business in Bogotá."
U.S. Relations With Colombia
"The United States established diplomatic relations with Colombia in 1822, following its independence from Spain. "