In 2016, according to the EITI Report, Colombia received USD 3.1 billion in revenues from the extractive industry. The report shows that fiscal contibution from the industry has declined from USD 11.1 billion in 2013 and USD 9.3 billion in 2014 to USD 4.6 billion in 2015. The report also shows that the sector attracted foreign direct investment for USD 3.5 billion mostly on oil and gas. This also in contrast with previous years when the extractive sector attracted USD 7.8 billion representing more than half of total foreign investment in the peak year of 2012.
Extractive sector represented 6.4% of GDP. In 2013, this contribution was 7.7%. The sector contributed with 5% of national fiscal income in 2016, a sharp decline from 2013 when the sector represented 19% of national income.
Dividends from the state-owned company Ecopetrol fell from USD 4.3 billion in 2013 to USD 226 million in 2016.
From 2016, EITI-Colombia has included social payments (mandated and voluntary) for the extractive sector.
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The 2016 Report brought innovative coverage on environmental information. The enviromental licensing regime is explained here. The country also disclosed detailed information on environmental payments:
It also included an explanation of the mandatory 1% compensation paid to the regulatory agency ANLA.