The Gross Domestic Product (GDP) in Colombia was worth 363.50 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Colombia represents 0.34 percent of the world economy. This dataset provides - Colombia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The gross domestic product (GDP) per capita in Colombia was 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).

The Gross Domestic Product (GDP) in Colombia expanded 2.70 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Colombia expanded 0.80 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) at current prices of Colombia amounted to about 392.03 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 391.52 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 166.92 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Colombia gdp growth rate for 2023 was 0.61%, a 6.68% decline from 2022.

<ul style='margin-top:20px;'>

<li>Colombia gdp growth rate for 2022 was <strong>7.29%</strong>, a <strong>3.51% decline</strong> from 2021.</li>
<li>Colombia gdp growth rate for 2021 was <strong>10.80%</strong>, a <strong>17.99% increase</strong> from 2020.</li>
<li>Colombia gdp growth rate for 2020 was <strong>-7.19%</strong>, a <strong>10.37% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Graph and download economic data for Gross Domestic Product for Colombia (MKTGDPCOA646NWDB) from 1960 to 2023 about Colombia and GDP.

Colombia: GDP per capita, current U.S. dollars: The latest value from 2023 is 6947.36 U.S. dollars, an increase from 6674.6 U.S. dollars in 2022. In comparison, the world average is 19958.31 U.S. dollars, based on data from 185 countries. Historically, the average for Colombia from 1960 to 2023 is 2731.89 U.S. dollars. The minimum value, 258.3 U.S. dollars, was reached in 1960 while the maximum of 8279.1 U.S. dollars was recorded in 2013.

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.

Colombia GDP for 2023 was 363.49 billion US dollars, a 5.26% increase from 2022.

<ul style='margin-top:20px;'>

<li>Colombia GDP for 2022 was <strong>345.33 billion US dollars</strong>, a <strong>8.42% increase</strong> from 2021.</li>
<li>Colombia GDP for 2021 was <strong>318.52 billion US dollars</strong>, a <strong>17.82% increase</strong> from 2020.</li>
<li>Colombia GDP for 2020 was <strong>270.35 billion US dollars</strong>, a <strong>16.31% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Colombia: GDP per hour worked in current USD, PPP adjusted: The latest value from 2022 is 21.6 USD per hour worked, an increase from 19.3 USD per hour worked in 2021. In comparison, the world average is 73.3 USD per hour worked, based on data from 39 countries. Historically, the average for Colombia from 2015 to 2022 is 16.4 USD per hour worked. The minimum value, 12.5 USD per hour worked, was reached in 2015 while the maximum of 21.6 USD per hour worked was recorded in 2022.

Graph and download economic data for Share of Residual Trade and GDP Statistical Discrepancy at Current Purchasing Power Parities for Colombia (CSHRCPCOA156NRUG) from 1950 to 2019 about residual, Colombia, PPP, trade, and GDP.

Colombia GDP per capita for 2023 was $6,947, a 4.09% increase from 2022.

<ul style='margin-top:20px;'>

<li>Colombia GDP per capita for 2022 was <strong>$6,675</strong>, a <strong>7.26% increase</strong> from 2021.</li>
<li>Colombia GDP per capita for 2021 was <strong>$6,223</strong>, a <strong>16.54% increase</strong> from 2020.</li>
<li>Colombia GDP per capita for 2020 was <strong>$5,340</strong>, a <strong>17.5% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Key information about Colombia Current Account Balance: % of GDP

• Colombia Current Account deficit accounted for 2.1 % of the country's Nominal GDP in Dec 2024, compared with a 1.6 % deficit in the previous quarter.
• Colombia Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1996 to Dec 2024, with an average value of -3.0 %.
• The data reached an all-time high of 1.5 % in Sep 1999 and a record low of -7.1 % in Sep 2015.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of the Republic of Colombia provides Current Account Balance in USD based on BPM6. National Administrative Department of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. The Bank of the Republic of Colombia average market exchange rate is used for currency conversions. Nominal GDP prior Q1 2005 is based on SNA 1993 with benchmark year 2005. Current Account Balance as % of Nominal GDP prior to Q1 2000 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on previous benchmark year 1994.


Key information about Colombia Current Account Balance: % of GDP

• In the latest reports of Colombia, Current Account recorded a deficit of 2.2 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 4.4 USD bn in Dec 2024.
• Colombia Direct Investment Abroad expanded by 1.6 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 1.9 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 82.4 USD bn in Mar 2023.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Colombia (COLNAEXKP01GYSAQ) from Q1 2006 to Q1 2025 about Colombia, expenditures, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Colombia (COLNAEXCP01STSAQ) from Q1 2005 to Q3 2023 about Colombia, expenditures, and GDP.

Graph and download economic data for Expenditure-side Real GDP at Current Purchasing Power Parities for Colombia (CGDPESCOA666NRUG) from 1950 to 2019 about Colombia, PPP, expenditures, real, and GDP.

Colombia recorded a Current Account deficit of 1.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Colombia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Colombia is approximately 427.77 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025A total increase by approximately 381.27 billion U.S. dollars can be observed between 1980 and 2025. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030The GDP will amount to close to 534.35 billion U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 106.58 billion U.S. dollars. This growth reflects a steady 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.