The study seeks to construct a descriptive and analytical framework on the Colombian context for business and its relation to the international order, particularly regarding its position in Latin America. The research consists of a documentary review on the factors that determine competitiveness and a review of the economic, political, and social situation of the country as reflexes of the current business landscape in Colombia. This review draws upon recent scientific papers, analyses and studies by international organizations, sources which together provide a comprehensive perspective of the business environment.