As mentioned above, according to the most recent forecasts, the aggregate population of Colombia is estimated to be around 46.25 million by July 2014 (CIA, “Colombia”). The demographic profile of Colombia is in a transition phase owing to its decline in several factors that include mortality, population growth rates, and fertility. Additionally, the country is witnessed to have refugee flows as well as economic emigrations both in a legal as well as illegal manner significantly in the recent years, which has added to its increase in population along the rise in the risks of unidentified health issues for the existing population. Moreover, the population growth rate of Colombia is estimated at 1.07% during the year 2014. The majority of the population of the country is identified to be under poverty line due to corruption, conflict situation and income inequality, which again makes the country in a less comparatively advanced position when compared within the international dimension (CIA, “Colombia”). South American: Colombia's International Trade.
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