Economy of Colombia. Statistics, Data and Indicators
Colombia
| 52BBB- | Credit rank #58 |
| 112.15 | Quality of life #49 |
| 87 | Corruption rank#92 |
| 67 | Ease of doing business#65 |
Colombia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 271 USD Billion | 2020 |
| GDP Annual Growth Rate | 8.5 % | 1Q/22 |
| GDP Growth Rate | 1 % | 1Q/22 |
| GDP per capita | 5889 USD | 2020 |
| Inflation Rate YoY | 9.07 % | May/22 |
| Interest Rate | 7.5 % | Jun/22 |
| Unemployment Rate | 10.6 % | May/22 |
| Balance of Trade | -0.97 USD Billion | Apr/22 |
| Current Account | -5367 USD Million | -5.367 B USD | 1Q/22 |
| Foreign Exchange Reserves | 57603 USD Million | 57.603 B USD | May/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 271 USD Billion | 2020 |
| GDP Annual Growth Rate | 8.5 % | 1Q/22 |
| GDP Growth Rate | 1 % | 1Q/22 |
| GDP per capita | 5889 USD | 2020 |
| GDP Constant Prices | 227487 COP Billion | 54.11 B USD | 1Q/22 |
| GDP per capita PPP | 13441 USD | 2020 |
| GDP From Agriculture | 13891 COP Billion | 3.304 B USD | 1Q/22 |
| GDP From Construction | 11403 COP Billion | 2.712 B USD | 1Q/22 |
| GDP From Manufacturing | 28225 COP Billion | 6.714 B USD | 1Q/22 |
| GDP From Mining | 9101 COP Billion | 2.165 B USD | 1Q/22 |
| GDP From Transport | 11049 COP Billion | 2.628 B USD | 1Q/22 |
| GDP From Utilities | 6826 COP Billion | 1.624 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 64.5 % | 2021 |
| Government Budget Value | -15758 COP Billion | -3.748 USD Billion | Dec/21 |
| Government Spending | 40861 COP Billion | 9.719 USD Billion | 1Q/22 |
| Government Revenues | 13776 COP Billion | 3.277 USD Billion | Jun/21 |
| Fiscal Expenditure | 29118 COP Billion | 6.926 B USD | Dec/21 |
| Government Budget to GDP | -7.1 % | 2021 |
| Military Expenditure | 10133 USD Million | 10.133 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 119 index points | May/22 |
| Export Prices | 215 index points | May/22 |
| Food Inflation | 21.6 % | May/22 |
| Gasoline Prices | 0.63 USD/Liter | May/22 |
| Import Prices | 163 index points | May/22 |
| Inflation Rate YoY | 9.07 % | May/22 |
| Producer Prices | 181 index points | May/22 |
| Inflation Rate Mom | 0.84 % | May/22 |
| Core Consumer Prices | 117 Index Points | May/22 |
| Core Inflation Rate | 8.02 % | May/22 |
| CPI Housing Utilities | 113 Index Points | May/22 |
| CPI Transportation | 116 Index Points | May/22 |
| Producer Prices Change | 34.32 % | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.7 % | 2021 |
| Balance of Trade | -0.97 USD Billion | Apr/22 |
| Capital Flows | -4718 USD Million | -4.718 USD Billion | 1Q/22 |
| Current Account | -5367 USD Million | -5.367 USD Billion | 1Q/22 |
| Exports | 5.42 USD Billion | Apr/22 |
| External Debt | 175106 COP Billion | 41.651 USD Billion | Mar/22 |
| Foreign Exchange Reserves | 57603 USD Million | 57.603 USD Billion | May/22 |
| Imports | 6.39 USD Billion | Apr/22 |
| Terms of Trade | 165 Index Points | Apr/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 4.68 Tonnes | 1Q/22 |
| Interbank Rate | 6.02 % | Jul/22 |
| Interest Rate | 7.5 % | Jun/22 |
| Loans to Private Sector | 89.78 COP Billion | 0.03 USD Billion | Oct/16 |
| Money Supply M0 | 103879 COP Billion | 24.709 USD Billion | May/22 |
| Money Supply M1 | 180864 COP Billion | 43.02 USD Billion | May/22 |
| Money Supply M2 | 648258 COP Billion | 154.195 USD Billion | May/22 |
| Money Supply M3 | 703956 COP Billion | 167.444 USD Billion | May/22 |
| Central Bank Balance Sheet | 298592 COP Billion | 71.023 B USD | Feb/22 |
| Deposit Interest Rate | 3.38 % | 2020 |
| Foreign Direct Investment | 5186 USD Million | 5.186 B USD | 1Q/22 |
| Private Sector Credit | 368151 COP Million | 0.088 B USD | May/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 10.6 % | May/22 |
| Employed Persons | 22185 Thousand Person | 22.185 Million Person | May/22 |
| Employment Rate | 56.99 % | May/22 |
| Labor Force Participation Rate | 63.8 % | May/22 |
| Living Wage Family | 1095100 COP/Month | 291.946 USD/Month | 2018 |
| Living Wage Individual | 782100 COP/Month | 208.502 USD/Month | 2018 |
| Unemployed Persons | 2644 Thousand Persons | 2.644 Million Persons | May/22 |
| Wages High Skilled | 2598000 COP/Month | 692.608 USD/Month | 2018 |
| Wages Low Skilled | 899500 COP/Month | 239.8 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 31 % | 2021 |
| Personal Income Tax Rate | 39 % | 2021 |
| Sales Tax Rate | 19 % | 2021 |
| Social Security Rate | 30.5 % | 2021 |
| Social Security Rate For Companies | 20.5 % | 2021 |
| Social Security Rate For Employees | 10 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 742 BBL/D/1K | Feb/22 |
| Industrial Production | 13.5 % | Apr/22 |
| Steel Production | 110 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 0.2 % | Apr/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 14.5 index points | May/22 |
| Corruption Index | 39 index points | 2021 |
| Corruption Rank | 87 place | 2021 |
| Ease of Doing Business | 67 place | 2019 |
| Manufacturing PMI | 55.7 index points | Jun/22 |
| Competitiveness Index | 62.73 Index Points | 2019 |
| Competitiveness Rank | 57 | 2019 |
| Leading Economic Index | 12 % | Apr/22 |
| Total Vehicle Sales | 11487 Units | 0.011 M Units | Apr/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -14.7 index points | May/22 |
| Retail Sales MoM | 1.2 % | Feb/22 |
| Retail Sales YoY | 23.3 % | Apr/22 |
| Consumer Credit | 190568 COP Billion | 45.329 USD Billion | Mar/22 |
| Consumer Spending | 179758 COP Billion | 42.757 USD Billion | 1Q/22 |
| Households Debt To GDP | 30.24 % | 3Q/21 |
