|Unit||Mil. USD, NSA|
|Adjustments||Not Seasonally Adjusted|
|Total Employment||May 2020||17,262||16,524||Ths. #, NSA||Monthly|
|Unemployment Rate||May 2020||21.38||19.81||%, NSA||Monthly|
|Wage & Salaries||2020 Q1||3.02||1.86||Mil. USD, NSA||Quarterly|
|Unemployment||2019 Q3||2,621,666||2,497,333||#, NSA||Quarterly|
|Labor Force Employment||2018||22,457,166||22,397,429||#||Annual|
According to the International Monetary Fund website, the Balance of Payments data is disseminated for the following:
Exports and imports of goods and services
International trade in goods
Exports and imports of services
Receipts and payments for services
Net income receipts
Net current transfers
Direct investment and portfolio investment (foreign investment in Colombia and Colombian investment abroad)
Other capital and financial transactions (short-term and long-term)
Changes in international reserves
The conceptual and methodological criteria under which the compilation of statistics on the balance of payments is done according to the Colombia Manual balance of payments and international investment position IMF International Monetary Fund, IMF, and Sixth Edition (BPM6).
The compilation of balance of payments (BOP) in Colombia is made by the Banco de la República (BR) based on a wide range of sources of information which is accessed through regulations issued directly by the Bank or by establishing agreements agency. The structure of information sources is composed of:
Building statistics BP takes into account its consistency with other macroeconomic statistics as Rest of World Account System of National Accounts SNA statistics of foreign trade in goods and monetary and financial statistics.
The data is preliminary when released. The data is set as "final" 12 months after the reference date. The Bank of the Republic of Colombia reserves the right to change "finalized" data.
Complete methodology is available here: