With a population of 47.7 million, Colombia is South America’s second largest country and its third biggest economy. The country is classified as upper middle-income; poverty levels have more than halved over the last quarter of a century to under 30 percent. Even so, a GINI index signals a large measure of social inequality. Poverty and food insecurity are markedly higher in rural areas and disproportionately affect women.
Despite high growth rates in recent years and a strong farming tradition, Colombia continues to imports 28 percent of the food it consumes. The economy is increasingly reliant on oil revenues, which makes it particularly vulnerable to price fluctuations. The promise of durable peace, after decades of civil conflict, remains fragile due to high levels of violence and crime. This constrains development and the delivery of services in many parts of the country.