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There are 1.7 million formal companies in the country. Micro and SMEs represent 99.5% of formal companies, generate 79% of the country's employment, and contribute close to 40% of the annual GDP.

In Colombia there are 1.7 million formal companies. Micro and SMEs represent 99.5% of formal companies, generate 79% of the country's employment, and contribute about 40% to the annual GDP.

We are witnessing significant revisions of the national accounts of various countries, including those published last week by the INE in Spain, Italy, the United Kingdom, or Germany and the Netherlands two months ago. Most of them reveal that G…