Bogotá, formerly known as Santa Fe de Bogotá, is the capital and largest city in Colombia. It is administered as the Capital District, although it is often considered part of Cundinamarca. Bogotá is a territorial entity of the first order, with the same administrative status as the Colombian departments. It is the political, economic, administrative, industrial, artistic, cultural and sports center of the country.
It is the third highest capital in South America (after Quito and Sucre), with an average of 2,640 meters above sea level. It is subdivided into 20 locations in an area of 1587 square kilometers and a relatively cold climate constant throughout the year.
Bogotá stands out for its economic strength and financial maturity, its attractiveness to global companies and the quality of its human capital. It is the financial and commercial heart of the country, with the highest commercial activity of any Colombian city. The capital hosts the main financial market in Colombia and the Andes natural region and is the main destination for new foreign direct investment projects. It has the highest nominal GDP in the country, contributing the most to the national total (24.7%) and is the seventh largest city by GDP size in Latin America (about 159.850 million dollars)
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