Colombia, officially the Republic of Colombia, is a unitary constitutional republic comprising thirty-two departments. It is located in northwestern South America, bordered to the northwest by Panama; to the north by the Caribbean Sea; to the east by Venezuela and Brazil; to the south by Ecuador and Peru; and to the west by the Pacific Ocean. Colombia is the 26th largest country by area and the fourth largest in South America after Brazil, Argentina and Peru. With over 46 million people, Colombia is the 27th largest country in the world by population and has the second largest population of any Spanish-speaking country in the world, after Mexico. Colombia is a middle power, and is the fourth largest economy in Latin America, and the third largest in South America. The production of coffee, flowers, emeralds, coal, and oil form the primary sector of Colombia's economy. The world's third biggest bank HSBC has created a perspective on the economic outlook in 2050 where Colombia is seen playing a decisive role in the global economy, especially in the Americas, as the 25th-largest world economy by GDP. Wikipedia
