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  3. Colombia

Economy of Colombia. Statistics, Data and Indicators

flag
Colombia
52BBB- Credit rank #58
112.15 Quality of life #49
96 Corruption rank#92
67 Ease of doing business#65
Colombia


Colombia Major Economic Indicators

Indicator Data Period
GDP Value 324 USD Billion 2019
GDP Annual Growth Rate -15.7 % 2Q/20
GDP Growth Rate -14.9 % 2Q/20
GDP per capita 7843 USD 2019
Inflation Rate YoY 1.88 % Aug/20
Interest Rate 2 % Aug/20
Unemployment Rate 20.2 % Jul/20
Balance of Trade -1.1 USD Billion Jul/20
Current Account -1693 USD Million | -1.693 B USD 2Q/20
Foreign Exchange Reserves 57185 USD Million | 57.185 B USD Aug/20


GDP
vvp
324
USD Billion
#43 from 174 countries
GDP per capita
vvp
7843
USD
#75 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 324 USD Billion 2019
GDP Annual Growth Rate -15.7 % 2Q/20
GDP Growth Rate -14.9 % 2Q/20
GDP per capita 7843 USD 2019
GDP Constant Prices 180770 COP Billion | 48.477 B USD 2Q/20
GDP per capita PPP 14731 USD 2019
GDP From Agriculture  13375 COP Billion | 3.587 B USD 2Q/20
GDP From Construction  9260 COP Billion | 2.483 B USD 2Q/20
GDP From Manufacturing  19034 COP Billion | 5.104 B USD 2Q/20
GDP From Mining  8397 COP Billion | 2.252 B USD 2Q/20
GDP From Transport  6850 COP Billion | 1.837 B USD 2Q/20
GDP From Utilities  6612 COP Billion | 1.773 B USD 1Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2019
Government Budget Value -9546 COP Billion | -2.56 USD Billion Jun/20
Government Spending 36081 COP Billion | 9.676 USD Billion 2Q/20
Government Revenues 10419 COP Billion | 2.794 USD Billion Jun/20
Fiscal Expenditure  19964 COP Billion | 5.354 B USD Jun/20
Government Budget to GDP -2.5 % 2019
Military Expenditure 10303 USD Million | 10.303 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points Aug/20
Export Prices 115 index points Aug/20
Food Inflation 4.66 % Aug/20
Gasoline Prices 0.58 USD/Liter Aug/20
Import Prices 130 index points Aug/20
Inflation Rate YoY 1.88 % Aug/20
Producer Prices 119 index points Aug/20
Inflation Rate Mom 0 % Aug/20
Core Consumer Prices 105 Index Points Aug/20
Core Inflation Rate 2.25 % Aug/20
CPI Housing Utilities 104 Index Points Aug/20
CPI Transportation 103 Index Points Aug/20
Producer Prices Change  0.33 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP -4.3 % 2019
Balance of Trade -1.1 USD Billion Jul/20
Capital Flows -2279 USD Million | -2.279 USD Billion 2Q/20
Current Account -1693 USD Million | -1.693 USD Billion 2Q/20
Exports 2.55 USD Billion Jul/20
External Debt 146642 COP Billion | 39.325 USD Billion Jun/20
Foreign Exchange Reserves 57185 USD Million | 57.185 USD Billion Aug/20
Imports 3.65 USD Billion Jul/20
Terms of Trade  121 Index Points Aug/20


Money Indicators

Indicator Data Period
Gold Reserves 4.1 Tonnes 2Q/20
Interbank Rate 1.99 % Sep/20
Interest Rate 2 % Aug/20
Loans to Private Sector 89.78 COP Billion | 0.03 USD Billion Oct/16
Money Supply M0 83022 COP Billion | 22.264 USD Billion Aug/20
Money Supply M1 144342 COP Billion | 38.708 USD Billion Aug/20
Money Supply M2 559999 COP Billion | 150.174 USD Billion Jul/20
Money Supply M3 597645 COP Billion | 160.27 USD Billion Aug/20
Central Bank Balance Sheet 288921 COP Billion | 77.48 B USD Jun/20
Deposit Interest Rate 4.49 % 2019
Foreign Direct Investment 1340 USD Million | 1.34 B USD 2Q/20
Private Sector Credit  307032 COP Million | 0.082 B USD Jul/20


Labor Indicators

Indicator Data Period
Unemployment Rate 20.2 % Jul/20
Employed Persons 17984 Thousand Person | 17.984 Million Person Jul/20
Employment Rate  45.1 % Jul/20
Labor Force Participation Rate 55.2 % May/20
Living Wage Family 1095100 COP/Month | 291.946 USD/Month 2018
Living Wage Individual 782100 COP/Month | 208.502 USD/Month 2018
Unemployed Persons 4559 Thousand Persons | 4.559 Million Persons Jul/20
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 33 % 2020
Personal Income Tax Rate 39 % 2020
Sales Tax Rate 19 % 2020
Social Security Rate 30.5 % 2019
Social Security Rate For Companies 20.5 % 2019
Social Security Rate For Employees 10 % 2019


Production Indicators

Indicator Data Period
Crude Oil Production 732 BBL/D/1K May/20
Industrial Production -8.5 % Jul/20
Steel Production 85 Thousand Tonnes Jul/20
Industrial Production (MoM) 4.5 % Jul/20


Business Indicators

Indicator Data Period
Business Confidence -8.5 index points Jul/20
Corruption Index 37 index points 2019
Corruption Rank 96 place 2019
Ease of Doing Business 67 place 2019
Manufacturing PMI 51.2 index points Aug/20
Competitiveness Index 62.73 Index Points 2019
Competitiveness Rank 57 2019
Leading Economic Index  11.1 % Jun/20
Total Vehicle Sales 4657 Units | 0.005 M Units Jul/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -25.4 index points Aug/20
Retail Sales MoM 6.4 % Jul/20
Retail Sales YoY -12.4 % Jul/20
Consumer Credit 156129 COP Billion | 41.869 USD Billion Jun/20
Consumer Spending 128728 COP Billion | 34.521 USD Billion 2Q/20
Households Debt To GDP 28.46 % 1Q/20


Gold Reserves
gold_reserve_icon
4.1
Tonnes
#63 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
57.185
USD Billion
#38 from 114 countries


Government Budget Value
balance_icon
-2.56
USD Billion
#79 from 113 countries
Inflation Rate
inflation_icon
1.88
%
#54 from 174 countries


Interest Rate
discount_rate_icon
2
%
#79 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
20.2
%
#43 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


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