Digital Economy for Latin America and the Caribbean - Country Diagnostic : Colombia / World Bank Group.

Format:

Book

Author/Creator:

World Bank Group, author, issuing body.

Language:

English

Subjects (All):

Electronic commerce--Law and legislation--United States.

Electronic commerce.

Physical Description:

1 online resource (24 pages)

Other Title:

Digital Economy for Latin America and the Caribbean - Country Diagnostic

Place of Publication:

Washington, DC : World Bank, 2023.

Summary:

Colombia's digital transformation is well underway, with 63 percent of the population using the internet, up from 38 percent in 2014. Over half of Colombians aged 15 or older have made or received digital payments, marking a substantial growth from 37 percent in 2017. Colombia has emerged as a leading player in the digital landscape of Latin America and the Caribbean (LAC), hosting 12.8 percent of the region's digital firms, trailing only behind Brazil and Mexico. But with progress comes new challenges. Ensuring universal internet access and fostering digital skills remain pressing issues, particularly in bridging the urban-rural divide. Improving access can help address development challenges, such as inequality and slow productivity growth. A new Country Diagnostic for Colombia under the World Bank Group's Digital Economy for Latin America and the Caribbean (DE4LAC) initiative outlines the state of the country's transition towards a digital economy.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references and index.

Publisher Number:

10.1596/39906