Furthermore, of being the capital of Colombia, it is the political, economic, administrative,
and industrial epicenter of the country. It is the most important market in Colombia and the
Andean region, and the leading destination for foreign direct investment in the country. Its
economy represents a quarter of the national GDP.
From a village with 12 ranches founded on August 6, 1538, by Gonzalo Jiménez de Quesada, when it
was declared capital of the New Kingdom of Granada, the city has had a significant demographic
and surface expansion. Today it has 7.9 million inhabitants from all regions of the country and
an area of 1,775 km².
It has a large cultural calendar of festivals, theaters, museums, libraries, galleries, and
parks; and it has gradually turned bicycle transportation into a lifestyle, with 560 km of
bicycle paths throughout the city.