Colombia CO: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 10.892 % in 2023. This records a decrease from the previous number of 11.247 % for 2022. Colombia CO: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 15.991 % from Dec 1965 (Median) to 2023, with 59 observations. The data reached an all-time high of 24.175 % in 1976 and a record low of 10.728 % in 2020. Colombia CO: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

The positive evaluation of the country's economy in Colombia was estimated at approximately eight percent in 2023. Between 1996 and 2023, the positive evaluation rose by around two percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Key information about Colombia Investment: % of GDP

• Colombia Investment accounted for 14.7 % of its Nominal GDP in Dec 2022, compared with a ratio of 24.1 % in the previous quarter.
• Colombia investment share of Nominal GDP data is updated quarterly, available from Mar 2005 to Dec 2022, with an average ratio of 23.0 %.
• The data reached an all-time high of 27.9 % in Sep 2015 and a record low of 11.1 % in Dec 2020.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. National Administrative Department of Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Colombia Investment: % of GDP

• In the latest reports, Colombia GDP expanded 2.9 % YoY in Dec 2022.
• Colombia Nominal GDP reached 79.5 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 14.0 % in Dec 2022.
• Colombia GDP Per Capita reached 6,239.3 USD in Dec 2021.
• Its Gross Savings Rate was measured at 8.6 % in Dec 2022.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Colombia (COLNAGIGP01IXOBSAQ) from Q1 2005 to Q3 2023 about Colombia and GDP.

Key information about Colombia Real GDP Growth

• The Gross Domestic Product (GDP) in Colombia expanded 2.9 % YoY in Dec 2022, following a growth of 7.7 % in the previous quarter.
• Real GDP Growth YoY data in Colombia is updated quarterly, available from Mar 2001 to Dec 2022, with an average rate of 3.7 %.
• The data reached an all-time high of 18.6 % in Jun 2021 and a record low of -16.6 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. National Administrative Department of Statistics provides Real GDP in local currency based on SNA 2008, at chain linked 2015 prices. Real GDP Growth prior to Q1 2006 is calculated from Real GDP based on SNA 1993, at chain linked 2005 prices.


Related information about Colombia Real GDP Growth

• In the latest reports, Nominal GDP of Colombia reached 79.5 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 14.0 % in Dec 2022.
• GDP Per Capita in Colombia reached 6,239.3 USD in Dec 2021.
• Its Gross Savings Rate was measured at 8.6 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 14.7 % in Dec 2022.
• Public Consumption accounted for 17.0 % in Dec 2022.
• Private Consumption accounted for 74.5 % in Dec 2022.

The gross national income in the 'Economic Measures' segment of the macroeconomic indicators market in Colombia was forecast to continuously increase between 2024 and 2029 by in total ***** billion U.S. dollars (+***** percent). After the seventh consecutive increasing year, the indicator is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2029. Notably, the gross national income of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income in countries like Cuba, Chile, and Peru.. The Statista Market Insights cover a broad range of additional markets.

The gross domestic product (GDP) per capita in Colombia stood at about 7.94 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 6.26 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 1.83 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

GDP deflator: linked series (base year varies by country) in Colombia was reported at 161 year in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - GDP deflator: linked series (base year varies by country) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The gross domestic product (GDP) in current prices in Colombia amounted to about 418.54 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 372.04 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 115.81 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Colombia CO: GDP: Real: Gross National Income data was reported at 967,938,531.191 COP mn in 2023. This records an increase from the previous number of 950,335,205.671 COP mn for 2022. Colombia CO: GDP: Real: Gross National Income data is updated yearly, averaging 407,714,701.642 COP mn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 967,938,531.191 COP mn in 2023 and a record low of 120,675,672.895 COP mn in 1968. Colombia CO: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Colombia's total Exports in 2023 were valued at US$49.77 Billion, according to the United Nations COMTRADE database on international trade. Colombia's main export partners were: the United States, Panama and China. The top three export commodities were: Mineral fuels, oils, distillation products; Pearls, precious stones, metals, coins and Coffee, tea, mate and spices. Total Imports were valued at US$62.78 Billion. In 2023, Colombia had a trade deficit of US$13.01 Billion.

Key information about Colombia Market Capitalization: % of GDP

• Colombia Market Capitalization accounted for 18.8 % of its Nominal GDP in Dec 2024, compared with a percentage of 19.4 % in the previous year
• Colombia Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2005 to Dec 2024
• The data reached an all-time high of 76.9 % in Dec 2010 and a record low of 18.8 % in Dec 2024

CEIC calculates Market Capitalization as % of Nominal GDP from daily Market Capitalization and quarterly Nominal GDP. Colombian Stock Exchange provides Market Capitalization in local currency. National Administrative Department of Statistics provides Nominal GDP in local currency. Market Capitalization as % of Nominal GDP prior to 2007 is sourced from the World Bank

Colombia Exports: FOB: Country: Other Countries data was reported at 27.398 USD bn in 2024. This records a decrease from the previous number of 28.976 USD bn for 2023. Colombia Exports: FOB: Country: Other Countries data is updated yearly, averaging 12.667 USD bn from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 34.887 USD bn in 2022 and a record low of 2.780 USD bn in 1994. Colombia Exports: FOB: Country: Other Countries data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA016: Exports: by Country: Annual.

The tourism sector GDP share in Colombia was forecast to continuously increase between 2023 and 2028 by in total 1.2 percentage points. The share is estimated to amount to 5.27 percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

The ratio of government expenditure to GDP in Colombia stood at approximately 32.94 percent in 2024. Between 1982 and 2024, the ratio rose by around 17.88 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 1.58 percentage points from 2024 to 2030, fluctuating as it trends downward.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

Colombia CO: Oil Rents: % of GDP data was reported at 3.424 % in 2021. This records an increase from the previous number of 1.563 % for 2020. Colombia CO: Oil Rents: % of GDP data is updated yearly, averaging 3.197 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 6.933 % in 2011 and a record low of 0.454 % in 1970. Colombia CO: Oil Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Environmental: Land Use, Protected Areas and National Wealth. Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.;World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations.;Weighted average;

Colombia Exports: FOB: Country: United States data was reported at 14.335 USD bn in 2024. This records an increase from the previous number of 13.286 USD bn for 2023. Colombia Exports: FOB: Country: United States data is updated yearly, averaging 10.104 USD bn from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 21.969 USD bn in 2011 and a record low of 2.991 USD bn in 1994. Colombia Exports: FOB: Country: United States data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA016: Exports: by Country: Annual.

Colombia CO: Exports: fob: Advanced Economies: Netherlands data was reported at 1.759 USD bn in 2024. This records a decrease from the previous number of 2.244 USD bn for 2023. Colombia CO: Exports: fob: Advanced Economies: Netherlands data is updated yearly, averaging 193.300 USD mn from Dec 1948 (Median) to 2024, with 76 observations. The data reached an all-time high of 3.091 USD bn in 2022 and a record low of 1.400 USD mn in 1949. Colombia CO: Exports: fob: Advanced Economies: Netherlands data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Colombia – Table CO.IMF.DOT: Exports: fob: by Country: Annual.

Colombia CO: Exports: fob: Advanced Economies: Germany data was reported at 609.608 USD mn in 2024. This records an increase from the previous number of 586.355 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Germany data is updated yearly, averaging 416.905 USD mn from Dec 1948 (Median) to 2024, with 77 observations. The data reached an all-time high of 1.051 USD bn in 1986 and a record low of 0.300 USD mn in 1948. Colombia CO: Exports: fob: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Colombia – Table CO.IMF.DOT: Exports: fob: by Country: Annual.

Colombia Trade Balance: Country: Chile data was reported at 234.613 USD mn in 2024. This records a decrease from the previous number of 351.893 USD mn for 2023. Colombia Trade Balance: Country: Chile data is updated yearly, averaging 39.746 USD mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 1.358 USD bn in 2011 and a record low of -239.554 USD mn in 2007. Colombia Trade Balance: Country: Chile data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA002: Trade Balance: Annual.