Country information

EKF’s risk assessment when exporting to Colombia


EKF's cover policy towards Colombia

Moderate payment risk As a rule, EKF will cover risks associated with business transactions in the country. EKF will however often impose special requirements on buyers over and above the ordinary minimum criteria for creditworthiness.

Political risk assessment - export

Credit periodCountry risk classification (0-7)Terms of cover
Up to 1 year4
No restrictions
1-5 years4
Minimum buyer risk category 4 (CC4)
More than 5 years4
Minimum buyer risk category 4 (CC4)
Special guarantees4
No restrictions

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investmentsContact EKF 

Business climate

Moderate business climate The commercial framework conditions in the country are moderate. There may be problems with some aspects of the business climate, including factors that hamper the opportunities for conducting business.

Further information about Colombia

POPULATION AREA GDP PER CAPITA
46,245,297 1,138,914 km28,076 US$

General assumptions for EKF's risk assessments
This information constitutes EKF’s guideline country cover policy at publishing date. The policy is not binding for EKF regarding specific applications for export credit guarantees. Before any commitment is made based on the country cover policy, we recommend contacting EKF for further advice.

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Lars Piil Damm

For more information on the country

Contact EKF’s country and bank analyst:
Lars Piil Damm
+45 35 46 26 57
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