Business Climate in Bogota
Bogota: One of the Top Cities to Do Business in Latin America
Bogota is ranked as one of Latin America’s leading business centers – along with Sao Paulo, Miami, Santiago, Mexico City and Buenos Aires. According to the latest annual AmericaEconomia ranking in 2010, Bogota is the eighth best city to do business in Latin America.
Best Cities in Latin America to Do Business (2007-2010)
Source: AmericaEconomia Intelligence 2010
Source: AmericaEconomia Intelligence 2010
Significant Foreign Direct Investment
In recent years, Bogota has received large amounts on Foreign Direct Investment (FDI). In fact, excluding oil and mining, Bogota attracts 70% of all FDI that arrives in Colombia.
Annual FDI Inflows to Bogota (2004-2009)
Source: Central Bank of Colombia, FDI based on investment registration
Source: Central Bank of Colombia, FDI based on investment registration
As one of the major business cities in Latin America, Bogota is home to more than 860 Multinational Corporations (MNCs).
MNCs in Bogota (2002 - 2007)
Source: Chamber of Commerce of Bogota based upon the Trading Registry Database
Source: Chamber of Commerce of Bogota based upon the Trading Registry Database
Updated (mm/dd/yyyy): 05.20.2010
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