In 2023, Colombian exports relied heavily on fossil fuels and coal. Around a quarter of total exports from Colombia corresponded to petroleum oil, while roughly 18 percent were made up of coal. Coffee, one of the most popular Colombian products in the world, was also among the list of leading Colombian exports that year.

In 2023, Colombia exported over 12 billion U.S. dollars' worth of petroleum, making it the country's main exported product category. In that same year, exports of coal amounted to over nine billion U.S. dollars. These two categories, along with coffee, other minerals, and petroleum derivatives, encompassed Colombia's five leading exported products in 2023.

In 2023, Colombia registered a Gross Domestic Product (GDP) of 978 billion Colombian pesos. The activity with the highest participation was wholesale and retail commerce with 168.83 trillion COP.

Colombia CO: Exports: High-Income Economies: % of Total Goods Exports data was reported at 64.628 % in 2023. This records a decrease from the previous number of 66.243 % for 2022. Colombia CO: Exports: High-Income Economies: % of Total Goods Exports data is updated yearly, averaging 78.919 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 98.420 % in 1960 and a record low of 59.134 % in 2021. Colombia CO: Exports: High-Income Economies: % of Total Goods Exports 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: Exports. Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Weighted average;

Colombia: Financial system deposits, percent of GDP: The latest value from 2021 is 31.01 percent, an increase from 30.47 percent in 2020. In comparison, the world average is 69.41 percent, based on data from 138 countries. Historically, the average for Colombia from 1960 to 2021 is 21.03 percent. The minimum value, 13.01 percent, was reached in 2001 while the maximum of 31.01 percent was recorded in 2021.

Colombia CO: Exports: fob: Advanced Economies: Greece data was reported at 22.777 USD mn in 2024. This records an increase from the previous number of 20.604 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Greece data is updated yearly, averaging 6.485 USD mn from Dec 1950 (Median) to 2024, with 55 observations. The data reached an all-time high of 44.204 USD mn in 2011 and a record low of 0.010 USD mn in 1976. Colombia CO: Exports: fob: Advanced Economies: Greece 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.

Machinery, equipment, and basic chemicals combined accounted for 46 percent of total imports in Colombia in 2023. That same year, the Colombian automotive sector was responsible for over eight percent of imports.

This dataset supports the research exploring the impact of monetary policy instruments on the Colombian economy, focusing on the classical dichotomy and monetary neutrality. The analysis delves into how monetary policy, including instruments such as interest rates and money supply, influences both nominal and real variables in the economy. It also highlights the relationship between monetary policy and economic stability, particularly how central banks manage inflation and economic growth. Key sections explore the separation between nominal and real variables as explained by the classical dichotomy, and the principle of monetary neutrality, which argues that changes in money supply affect nominal variables without impacting real economic factors.

The dataset is structured around a combination of theoretical insights and simulations that analyze the effectiveness of monetary neutrality in the Colombian context, given both domestic and international economic challenges such as the war in Ukraine and agricultural sector disruptions. Through simulations, the dataset demonstrates the effects of monetary expansion on variables like inflation, production, and employment, providing a framework for understanding current economic trends and proposing solutions to socio-economic challenges in Colombia.

Colombia: Banking system capital, percent of assets: The latest value from 2020 is 16.33 percent, a decline from 16.99 percent in 2019. In comparison, the world average is 10.50 percent, based on data from 105 countries. Historically, the average for Colombia from 1998 to 2020 is 13.67 percent. The minimum value, 9.4 percent, was reached in 2001 while the maximum of 16.99 percent was recorded in 2019.

Colombia CO: Exports: fob: Advanced Economies: Switzerland data was reported at 194.127 USD mn in 2024. This records an increase from the previous number of 123.162 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Switzerland data is updated yearly, averaging 18.260 USD mn from Dec 1948 (Median) to 2024, with 77 observations. The data reached an all-time high of 1.038 USD bn in 2009 and a record low of 0.060 USD mn in 1996. Colombia CO: Exports: fob: Advanced Economies: Switzerland 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: Banking system z-scores: The latest value from 2021 is 4.32 index points, a decline from 5.25 index points in 2020. In comparison, the world average is 17.25 index points, based on data from 136 countries. Historically, the average for Colombia from 2000 to 2021 is 5.07 index points. The minimum value, 2.12 index points, was reached in 2000 while the maximum of 6.47 index points was recorded in 2016.

In 2023, Colombia imported 17.5 billion U.S. dollars' worth of machinery and equipment, which made it the main imported product category in the country. In that same year, imports related to basic chemicals and petroleum derivates amounted to a combined total of over 17 billion U.S. dollars. These three sectors, along with automotive and metallurgy products, encompassed Colombia's main import categories in 2023.

Colombia CO: Exports: fob: Advanced Economies: Australia data was reported at 94.082 USD mn in 2024. This records a decrease from the previous number of 98.375 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Australia data is updated yearly, averaging 9.573 USD mn from Dec 1964 (Median) to 2024, with 59 observations. The data reached an all-time high of 261.594 USD mn in 2022 and a record low of 0.030 USD mn in 1970. Colombia CO: Exports: fob: Advanced Economies: Australia 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.

During March 2024, the highest number employees by economic activity workers in Colombia was the vehicle trade and reparations with a 3.9 million employees. Followed by agricultural activities with over 3.5 million.

Colombia CO: Exports: fob: Advanced Economies: Belgium data was reported at 654.656 USD mn in 2024. This records an increase from the previous number of 539.751 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Belgium data is updated yearly, averaging 435.962 USD mn from Dec 1997 (Median) to 2024, with 28 observations. The data reached an all-time high of 654.656 USD mn in 2024 and a record low of 210.404 USD mn in 2001. Colombia CO: Exports: fob: Advanced Economies: Belgium 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.

Through the time frame shown there has been a general upward trend in the public spending in order and security in Colombia. In 2011 the lowest amount was recorded with 10.24 billion Colombian pesos with a constant increase all the way to its topmost value in 2023 with 34.23 billion COP.

Colombia CO: Exports: fob: Advanced Economies: Ireland data was reported at 9.217 USD mn in 2024. This records a decrease from the previous number of 115.146 USD mn for 2023. Colombia CO: Exports: fob: Advanced Economies: Ireland data is updated yearly, averaging 27.007 USD mn from Dec 1968 (Median) to 2024, with 56 observations. The data reached an all-time high of 242.213 USD mn in 2022 and a record low of 0.120 USD mn in 1973. Colombia CO: Exports: fob: Advanced Economies: Ireland 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.

From January to March 2024, the cities with the highest unemployment rate were Quibdó with 29.7 percent and Riohacha with a rate of 21.8. In contrast, Bogotá ranked with the lowest unemployment with 10.6 percent.

Colombia CO: Imports: cif: Advanced Economies: Ireland data was reported at 323.288 USD mn in 2024. This records a decrease from the previous number of 325.691 USD mn for 2023. Colombia CO: Imports: cif: Advanced Economies: Ireland data is updated yearly, averaging 25.795 USD mn from Dec 1968 (Median) to 2024, with 56 observations. The data reached an all-time high of 325.691 USD mn in 2023 and a record low of 0.140 USD mn in 1969. Colombia CO: Imports: cif: Advanced Economies: Ireland 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: Imports: cif: by Country: Annual.