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Bogota is Colombia's main tourist destination...
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Bogota is Colombia's main tourist destination
Analysis
Bogota leads Colombia's Tourism Competitiveness Ranking for the fifth consecutive year. In 2020, it received 1,708,123 tourists.
Bogota is first in the economic, business, marketing strategy and infrastructure aspects. Challenges to improve the city's tourism competitiveness are in Destination Management and Culture where it ranks 16th and 4th respectively.
Key data: tourism's share of employment 6.89%, tourism's share of GDP 2.64%, investment budget allocated to tourism 0.07%, active tourism service providers 4,975.
Description
The Regional Tourism Competitiveness Index of Colombia , was created in 2015 with the objective of recording and measuring the factors associated with the competitiveness of tourism activity, whose results allow departmental authorities, the prioritization of policies and projects, aimed at improving the competitive situation of the sector.
Source
Cotelco - Unicafam. Center for Tourism Thinking of Colombia. Regional Tourism Competitiveness Index of Colombia, 2020.
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Analysis
The unemployment rate for Colombia and Bogota has been converging between 2023 and 2024, however, in the March - May 2024 mobile quarter it was 11.2% for Colombia and 10.1% for Bogota, so the gap was 1.1 p.p. For the moving quarter March - May 2024, Colombia's total unemployment rate was 10.7%, 0.3 p.p. higher than in the same period of the previous year (10.4%).
Description
It is the percentage ratio between the number of people looking for work (DS) and the number of people in the labor force (EAP).