Economy of Colombia. Statistics, Data and Indicators
Colombia
| 52BBB- | Credit rank #58 |
| 112.15 | Quality of life #49 |
| 92 | 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 | 1.1 % | 1Q/21 |
| GDP Growth Rate | 2.9 % | 1Q/21 |
| GDP per capita | 7228 USD | 2020 |
| Inflation Rate YoY | 3.63 % | Jun/21 |
| Interest Rate | 1.75 % | Jun/21 |
| Unemployment Rate | 15.6 % | May/21 |
| Balance of Trade | -1.8 USD Billion | Apr/21 |
| Current Account | -3633 USD Million | -3.633 B USD | 1Q/21 |
| Foreign Exchange Reserves | 58921 USD Million | 58.921 B USD | Jun/21 |
GDP
271
USD Billion
#43 from 174 countries
GDP per capita
7228
USD
#75 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 271 USD Billion | 2020 |
| GDP Annual Growth Rate | 1.1 % | 1Q/21 |
| GDP Growth Rate | 2.9 % | 1Q/21 |
| GDP per capita | 7228 USD | 2020 |
| GDP Constant Prices | 208707 COP Billion | 55.214 B USD | 1Q/21 |
| GDP per capita PPP | 13441 USD | 2020 |
| GDP From Agriculture | 14233 COP Billion | 3.765 B USD | 1Q/21 |
| GDP From Construction | 11086 COP Billion | 2.933 B USD | 1Q/21 |
| GDP From Manufacturing | 25973 COP Billion | 6.871 B USD | 1Q/21 |
| GDP From Mining | 8863 COP Billion | 2.345 B USD | 1Q/21 |
| GDP From Transport | 9182 COP Billion | 2.429 B USD | 1Q/21 |
| GDP From Utilities | 6813 COP Billion | 1.802 B USD | 4Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 62.8 % | 2020 |
| Government Budget Value | -11328 COP Billion | -2.997 USD Billion | Dec/20 |
| Government Spending | 37731 COP Billion | 9.982 USD Billion | 1Q/21 |
| Government Revenues | 11923 COP Billion | 3.154 USD Billion | Dec/20 |
| Fiscal Expenditure | 23251 COP Billion | 6.151 B USD | Dec/20 |
| Government Budget to GDP | -7.8 % | 2020 |
| Military Expenditure | 10133 USD Million | 10.133 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 109 index points | Jun/21 |
| Export Prices | 137 index points | Jun/21 |
| Food Inflation | 8.52 % | Jun/21 |
| Gasoline Prices | 0.62 USD/Liter | Jun/21 |
| Import Prices | 138 index points | Jun/21 |
| Inflation Rate YoY | 3.63 % | Jun/21 |
| Producer Prices | 137 index points | Jun/21 |
| Inflation Rate Mom | -0.05 % | Jun/21 |
| Core Consumer Prices | 108 Index Points | Jun/21 |
| Core Inflation Rate | 3.36 % | Jun/21 |
| CPI Housing Utilities | 107 Index Points | Jun/21 |
| CPI Transportation | 108 Index Points | Jun/21 |
| Producer Prices Change | 17.96 % | Jun/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.4 % | 2020 |
| Balance of Trade | -1.8 USD Billion | Apr/21 |
| Capital Flows | -3162 USD Million | -3.162 USD Billion | 1Q/21 |
| Current Account | -3633 USD Million | -3.633 USD Billion | 1Q/21 |
| Exports | 3.1 USD Billion | May/21 |
| External Debt | 157172 COP Billion | 41.581 USD Billion | Apr/21 |
| Foreign Exchange Reserves | 58921 USD Million | 58.921 USD Billion | Jun/21 |
| Imports | 4.7 USD Billion | Apr/21 |
| Terms of Trade | 132 Index Points | Jun/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 4.68 Tonnes | 1Q/21 |
| Interbank Rate | 1.75 % | Jul/21 |
| Interest Rate | 1.75 % | Jun/21 |
| Loans to Private Sector | 89.78 COP Billion | 0.03 USD Billion | Oct/16 |
| Money Supply M0 | 96874 COP Billion | 25.628 USD Billion | Jun/21 |
| Money Supply M1 | 167421 COP Billion | 44.292 USD Billion | Jun/21 |
| Money Supply M2 | 575393 COP Billion | 152.223 USD Billion | May/21 |
| Money Supply M3 | 626145 COP Billion | 165.65 USD Billion | May/21 |
| Central Bank Balance Sheet | 271883 COP Billion | 71.928 B USD | May/21 |
| Deposit Interest Rate | 3.38 % | 2020 |
| Foreign Direct Investment | 2211 USD Million | 2.211 B USD | 4Q/20 |
| Private Sector Credit | 363817 COP Million | 0.096 B USD | May/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 15.6 % | May/21 |
| Employed Persons | 20467 Thousand Person | 20.467 Million Person | May/21 |
| Employment Rate | 50.8 % | May/21 |
| Labor Force Participation Rate | 60.2 % | May/21 |
| Living Wage Family | 1095100 COP/Month | 291.946 USD/Month | 2018 |
| Living Wage Individual | 782100 COP/Month | 208.502 USD/Month | 2018 |
| Unemployed Persons | 3792 Thousand Persons | 3.792 Million Persons | May/21 |
| 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 % | 2020 |
| Social Security Rate | 30.5 % | 2020 |
| Social Security Rate For Companies | 20.5 % | 2020 |
| Social Security Rate For Employees | 10 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 745 BBL/D/1K | Mar/21 |
| Industrial Production | 8.6 % | May/21 |
| Steel Production | 110 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -22.1 % | May/21 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 5.8 index points | Jun/21 |
| Corruption Index | 39 index points | 2020 |
| Corruption Rank | 92 place | 2020 |
| Ease of Doing Business | 67 place | 2019 |
| Manufacturing PMI | 48.3 index points | Jun/21 |
| Competitiveness Index | 62.73 Index Points | 2019 |
| Competitiveness Rank | 57 | 2019 |
| Leading Economic Index | 28.7 % | Apr/21 |
| Total Vehicle Sales | 6085 Units | 0.006 M Units | May/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -22.3 index points | Jun/21 |
| Retail Sales MoM | -4.2 % | May/21 |
| Retail Sales YoY | 22.8 % | May/21 |
| Consumer Credit | 162332 COP Billion | 42.946 USD Billion | Apr/21 |
| Consumer Spending | 157805 COP Billion | 41.748 USD Billion | 1Q/21 |
| Households Debt To GDP | 32 % | 4Q/20 |
Gold Reserves
4.68
Tonnes
#63 from 114 countries
Foreign Exchange Reserves
58.921
USD Billion
#38 from
114 countries
Government Budget Value
-2.997
USD Billion
#79 from 113 countries
Inflation Rate
3.63
%
#54 from
174 countries
Interest Rate
1.75
%
#79 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
15.6
%
#43 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
