Colombia Defence and Security Report Q1 2015

Date: December 24, 2014
Pages: 69
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Download

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Includes 3 FREE quarterly updates

BMI View: Talks between the Fuerzas Armadas Revolucionarias de Colombia (FARC) and the Colombian government continue on. However, with little real progress made on this front, along with the scandal of the FARC capturing and subsequently releasing a military General, these are unlikely to be resolved in the near future. BMI expects that the defence budget and the subsequent increase in GDP will be used mostly to improve/maintain the Colombian government's military and security forces rather than for new procurements.

As one of the highest military spenders in the Latin American region, BMI expects Columbia to spend USD13.9bn in defence spending for 2015. We forecast that this will steadily increase over the forecast period and beyond. However with peace talks continuing with the FARC, there is a slight chance that should the war end that there may be a stunt in the growth of the country's expenditure. For the remainder of the forecast period (2015-2019) we expect Colombia to spend an average of USD17.3bn annually on defence, with the defence budget reaching USD21.5bn by 2019.
BMI Industry View
Colombia Security SWOT
Colombia Defence & Security SWOT
Industry Forecast
Defence Expenditure
  Table: Defence Expenditure (Colombia 2012-2019)
Armed Forces
  Table: Armed Forces Personnel (Colombia 2004-2011)
  Table: Manpower Available For Military Service (Colombia 2012-2019)
Defence Trade
  Table: Defence Exports (Colombia 2012-2019)
  Table: Defence Imports (Colombia 2012-2019)
Macroeconomic Forecasts
Economic Analysis
  Table: GDP By Expenditure (Colombia 2011-2018)
Latin America Security Risk Ratings
Latin America Security Risk Index
  Table: Latin America Regional Security Risk Index
  Table: Latin America State Vulnerability To Terrorism Index
Colombia Security Risk Index
Market Overview
Colombia Defence Market Overview
Armed Forces
Domestic Industries
Weapons Of Mass Destruction
Procurement Trends And Developments
Colombia Security Overview
Domestic Threats
Regional Threats
International Threats
Regional Overview
Latin America Security Overview
Challenges And Threats To Security
The Role Of Outside Powers
Global Industry Overview
Global Political Outlook
Industry Forecast Methodology
Sector-Specific Methodology
Security Risk Index Methodology
  Table: Indicators And Weighting
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