Bolivia and Colombia are neighbouring countries in South America. Both countries are members of the Organization of American States and the Andean Community, and they signed a treaty of friendship in 1912. Bolivia is a landlocked country, making it geographically dependent on Colombia and other neighbouring countries. The countries have diplomatic missions in each other's countries, with Bolivia having an embassy in Bogotá and Colombia having an embassy in La Paz. In terms of economic and social indicators, Bolivia and Colombia show some disparities. For example, Colombia has a higher GDP per capita, lower unemployment rates, and a higher top tax rate compared to Bolivia. Additionally, there are differences in healthcare and education spending, with Colombia spending a higher percentage of its GDP on healthcare, while Bolivia spends more on education. These factors can influence the relationship between the two countries and potentially impact trade, investment, and political agreements.
What You'll Learn
Bolivia and Colombia are both members of the Organization of American States and the Andean Community
Bolivia and Colombia are connected through their shared membership in the Organization of American States and the Andean Community. Both countries have had diplomatic relations for over a century, signing a treaty of friendship in 1912.
The Andean Community, founded in 1969, is a free trade area with the goal of creating a customs union between its member states, similar to the European Union. Bolivia and Colombia are two of the founding members, along with Chile, Ecuador, Peru, and Venezuela, which joined in 1973. However, Chile withdrew in 1976, and Venezuela followed suit in 2006.
The Andean Community has promoted economic integration and cooperation among its members. In 1993, a free-trade zone was established between Bolivia, Colombia, Ecuador, and Venezuela, with a common external tariff covering 90% of imports. The Andean Community has also facilitated the movement of citizens between member countries, allowing them to enter other Andean Community states without a visa.
Bolivia and Colombia's membership in the Andean Community has fostered economic ties and cooperation between the two countries, contributing to their diplomatic relations and shared interests in the region.
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Bolivia has an embassy in Bogotá
The Bolivian Embassy in Bogotá can be contacted through the following means:
Address: Transversal No 118o A - 26 Barrio Santa Barbara Apartado aoreo, 92619 Bogota, Colombia
Email: [email protected], [email protected]
Fax: (+57) (1) 6194940
Phone: (+57) (1) 6298252, (+57) (1) 6298237
In addition to the embassy in Bogotá, Bolivia also maintains a consulate in Colombia. Reciprocally, Colombia has an embassy in La Paz, Bolivia, and a consulate in the same city.
Bolivia and Colombia have a history of diplomatic relations, having signed a treaty of friendship in 1912. A century later, the two countries signed a cooperation agreement to commemorate the anniversary of this treaty. Both nations are members of the Organization of American States and the Andean Community.
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Colombia has an embassy in La Paz
The embassy is led by Ambassador Elizabeth García Carrillo and offers the following services:
- Processing passport applications
- Processing visa applications
- Notarization of certain documents
- Legalization of documents
- Issuing emergency travel documents
In addition to the embassy in La Paz, Colombia also has an honorary consul in Santa Cruz de la Sierra, Bolivia.
Colombia and Bolivia have a history of diplomatic relations, both being members of the Organization of American States and the Andean Community. The two countries signed a treaty of friendship in 1912 and a cooperation agreement for the 100th anniversary of the treaty.
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Bolivia's GDP per capita is $8,200 as of 2022. Colombia's is $15,600
Bolivia and Colombia are neighbouring countries in South America. They are both members of the Organization of American States and the Andean Community.
Bolivia's GDP per capita is $8,200 as of 2022, while Colombia's is $15,600. This means that the average citizen of Colombia is almost twice as wealthy as the average citizen of Bolivia.
Bolivia's economy is the 95th-largest in the world in nominal terms and the 87th-largest in purchasing power parity. Bolivia is classified by the World Bank as a lower-middle-income country. The Bolivian economy is largely driven by its natural resources and has a historic single-commodity focus. Bolivia's economy has grown rapidly at various points in its history, particularly between 1960 and 1977, and between 2006 and 2019, when it quadrupled. However, it has also experienced financial crises, particularly in the late 1970s and the late 1990s. Bolivia's economy is also heavily affected by political instability, which has made it difficult to modernise the agricultural sector. Bolivia's main agricultural product is coca, of which Bolivia is the world's third-largest cultivator. Bolivia also has the second-largest natural gas reserves in South America.
Colombia, meanwhile, has the fourth-largest economy in Latin America as measured by gross domestic product and is the third-largest economy in South America. Colombia has experienced a historic economic boom over the last decade. Colombia's main export is petroleum, which represents over 45% of the country's exports. Colombia also has a fast-growing information technology industry and is a regional leader in shipbuilding. Colombia's GDP per capita increased from $14,000 in 2018 to over $15,600 in 2022.
The difference in GDP per capita between the two countries can be attributed to a variety of factors, including the relative strength of each country's economy, the types of resources available, and the level of political stability.
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Bolivia has a top tax rate of 13% as of 2016. Colombia's is 33%
Bolivia and Colombia are two distinct countries in South America with a history of diplomatic relations. Both countries are members of the Organization of American States and the Andean Community. They signed a treaty of friendship in 1912 and a cooperation agreement for the 100th anniversary of the treaty.
One notable difference between the two countries is their tax rates. As of 2016, Bolivia had a top tax rate of 13%, while Colombia's top tax rate was significantly higher at 33%. This disparity in tax rates can have implications for various aspects of life and economic activities in the two countries.
The lower tax rate in Bolivia may contribute to a more favourable business environment, attracting investments and fostering economic growth. On the other hand, Colombia's higher tax rate allows the government to generate more revenue, which can potentially be channelled into public services, infrastructure, and social programmes.
The impact of these tax rates on economic indicators such as GDP, employment rates, and income levels is complex and influenced by various other factors. For example, as of 2022, Colombia had a higher GDP per capita than Bolivia ($15,600 compared to $8,200), despite its higher tax rate. Additionally, Bolivia had a lower unemployment rate of 3.5% compared to Colombia's 10.6% in 2022, which could be influenced by factors other than tax rates, such as labour market policies and economic conditions.
In conclusion, while the tax rates in Bolivia and Colombia differ significantly, the effects of these rates on the social and economic landscape of each country are multifaceted and depend on a range of additional variables.
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Frequently asked questions
Bolivia and Colombia have a history of diplomatic relations and signed a treaty of friendship in 1912. Both countries are members of the Organization of American States and the Andean Community.
Colombia spends a higher percentage of its GDP on healthcare than Bolivia. As of 2020, Colombia dedicated 9.0% of its GDP to healthcare, while Bolivia spent 7.9%.
There are several indicators where Bolivia outperforms Colombia, such as lower unemployment rates (3.5% compared to Colombia's 10.6% in 2022) and a lower top tax rate (13.0% compared to 33.0% as of 2016). However, Colombia has a higher life expectancy (75 years compared to Bolivia's 72 years as of 2022) and a higher GDP per capita ($15,600 compared to $8,200 in 2022).
Yes, Colombia and Bolivia have faced each other in football matches recently. In a 2022 World Cup Qualifying match, Colombia defeated Bolivia with a final score of 3-0. Additionally, in June 2024, the two countries played an international friendly match.