The national debt of Colombia was about 240.22 billion U.S. dollars in 2024. Between 1996 and 2024, the national debt rose by approximately 233.78 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 88.81 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Key information about Colombia National Government Debt

• Colombia National Government Debt reached 242.5 USD bn in Jun 2024, compared with 247.3 USD bn in the previous quarter.
• Colombia National Government Debt data is updated quarterly, available from Dec 2001 to Jun 2024.
• The data reached an all-time high of 247.3 USD bn in Mar 2024 and a record low of 40.6 USD bn in Sep 2002.

CEIC calculates quarterly Government Debt as the sum of Social Security, Central Government and Central Administrations Debt and converts it into USD. The Ministry of Finance and Public Credit provides Government Debt in local currency. The Bank of the Republic of Colombia period end market exchange rate is used for currency conversions.


Related information about Colombia National Government Debt

• In the latest reports, Colombia Consolidated Fiscal Balance recorded a deficit equal to 8.5 % of its Nominal GDP in Mar 2024.
• The country's Government debt accounted for 62.2 % of its Nominal GDP in Jun 2024.
• Colombia Nominal GDP reached 82.4 USD bn in Mar 2023.

Colombia recorded a Government Debt to GDP of 61.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of national debt to gross domestic product (GDP) of Colombia was approximately 61.28 percent in 2024. Between 1996 and 2024, the ratio rose by around 37.99 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 2.41 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Colombia Government Debt: % of GDP

• Colombia Government debt accounted for 61.8 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 59.5 % in the previous quarter.
• Colombia government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Jun 2024.
• The data reached an all-time high of 69.2 % in Mar 2021 and a record low of 34.4 % in Sep 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of Social Security, Central Government, and Central Administrations Debt only. The Ministry of Finance and Public Credit provides Government Debt in local currency. National Administrative Department of Statistics provides Nominal GDP in local currency.


Related information about Colombia Government Debt: % of GDP

• In the latest reports, Colombia National Government Debt reached 242.5 USD bn in Jun 2024.
• The country's Nominal GDP reached 82.4 USD bn in Mar 2023.

Graph and download economic data for General Government Gross Debt for Colombia (COLGGXWDGGDP) from 1996 to 2030 about Colombia, gross, debt, and government.

Graph and download economic data for Central government debt, total (% of GDP) for Colombia (DEBTTLCOA188A) from 1998 to 2023 about Colombia, debt, government, and GDP.

Colombia external debt for 2023 was 197.51 billion US dollars, a 7.11% increase from 2022.

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

<li>Colombia external debt for 2022 was <strong>184.40 billion US dollars</strong>, a <strong>7.11% increase</strong> from 2021.</li>
<li>Colombia external debt for 2021 was <strong>172.16 billion US dollars</strong>, a <strong>10.52% increase</strong> from 2020.</li>
<li>Colombia external debt for 2020 was <strong>155.77 billion US dollars</strong>, a <strong>12.08% increase</strong> from 2019.</li>
</ul>Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

Colombia: Government debt as percent of GDP: The latest value from 2023 is 60.3 percent, a decline from 64.6 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Colombia from 2006 to 2023 is 48.06 percent. The minimum value, 36.69 percent, was reached in 2012 while the maximum of 67.25 percent was recorded in 2020.

Colombia Central Government Debt: Median Maturity: External Debt data was reported at 11.150 Year in Mar 2025. This stayed constant from the previous number of 11.150 Year for Feb 2025. Colombia Central Government Debt: Median Maturity: External Debt data is updated monthly, averaging 10.726 Year from Jun 2001 (Median) to Mar 2025, with 286 observations. The data reached an all-time high of 12.758 Year in Jan 2017 and a record low of 5.630 Year in Jul 2001. Colombia Central Government Debt: Median Maturity: External Debt data remains active status in CEIC and is reported by Ministry of Finance and Public Credit. The data is categorized under Global Database’s Colombia – Table CO.F006: Central Government Debt.

Debt service on external debt, total (TDS, current US$) in Colombia was reported at 28562257964 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Debt service on external debt, total (TDS, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Central government debt, total (% of GDP) in Colombia was reported at 71.88 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

External Debt in Colombia increased to 207828.76 USD Million in April from 203285.41 USD Million in March of 2025. This dataset provides - Colombia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia debt to gdp ratio for 2023 was 71.88%, a 1.55% increase from 2022.

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

<li>Colombia debt to gdp ratio for 2022 was <strong>70.33%</strong>, a <strong>10.04% decline</strong> from 2021.</li>
<li>Colombia debt to gdp ratio for 2021 was <strong>80.37%</strong>, a <strong>10.79% decline</strong> from 2020.</li>
<li>Colombia debt to gdp ratio for 2020 was <strong>91.16%</strong>, a <strong>18.45% increase</strong> from 2019.</li>
</ul>Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Colombia CO: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 45.929 % in Dec 2024. This records an increase from the previous number of 44.992 % for Sep 2024. Colombia CO: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 35.648 % from Mar 2008 (Median) to Dec 2024, with 68 observations. The data reached an all-time high of 48.757 % in Mar 2021 and a record low of 29.510 % in Dec 2012. Colombia CO: Gross Public Debt: % of GDP: General Government: Debt Securities 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.QPSD: Gross Public Debt: % of GDP: General Government.

According to the source, the South American country had roughly **** billion U.S. dollars worth of gross public debt in foreign currency in the second quarter of 2024, up from over ***** billion dollars in the same quarter of 2023.

The here depicted national debt of Colombia is approximately 251.07 billion U.S. dollars in 2025.Fluctuating rise between 1996 and 2025Compared to the earliest depicted observation from 1996 there is a total increase by approximately 244.63 billion U.S. dollars. From the pattern between 1996 and 2025 it becomes clear that this increase however did not happen continuously.Continuous rise between 2025 and 2030The national debt will stand at roughly 329.03 billion U.S. dollars in 2030, according to forecasts. This indicates an overall increase by approximately 77.96 billion U.S. dollars since 2025. This growth reflects a steady upward trend.

Colombia: External debt, percent of Gross National Income: The latest value from 2022 is 55.79 percent, an increase from 54.99 percent in 2021. In comparison, the world average is 56.76 percent, based on data from 113 countries. Historically, the average for Colombia from 1970 to 2022 is 33.87 percent. The minimum value, 20.09 percent, was reached in 2008 while the maximum of 58.26 percent was recorded in 2020.

This horizontal bar chart displays central government debt (% of GDP) by region using the aggregation average, weighted by gdp in Colombia. The data is about countries per year.

This line chart displays central government debt (% of GDP) by date using the aggregation average, weighted by gdp in Colombia. The data is about countries per year.