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  1. Main
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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 370 USD Billion 2019
GDP Annual Growth Rate 3.4 % 4Q/19
GDP Growth Rate 0.5 % 4Q/19
GDP per capita 7698 USD 2018
Inflation Rate YoY 3.86 % Mar/20
Interest Rate 3.75 % Mar/20
Unemployment Rate 12.2 % Feb/20
Balance of Trade -0.91 USD Billion Jan/20
Current Account -3523 USD Million | -3.523 B USD 4Q/19
Foreign Exchange Reserves 53676 USD Million | 53.676 B USD Feb/20


GDP
vvp
370
USD Billion
#43 from 174 countries
GDP per capita
vvp
7698
USD
#75 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 370 USD Billion 2019
GDP Annual Growth Rate 3.4 % 4Q/19
GDP Growth Rate 0.5 % 4Q/19
GDP per capita 7698 USD 2018
GDP Constant Prices 241300 COP Billion | 61.392 B USD 4Q/19
GDP per capita PPP 13333 USD 2018
GDP From Agriculture  13742 COP Billion | 3.496 B USD 4Q/19
GDP From Construction  17055 COP Billion | 4.339 B USD 4Q/19
GDP From Manufacturing  27475 COP Billion | 6.99 B USD 4Q/19
GDP From Mining  11274 COP Billion | 2.868 B USD 4Q/19
GDP From Transport  11554 COP Billion | 2.94 B USD 4Q/19
GDP From Utilities  6897 COP Billion | 1.755 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 50.5 % 2018
Government Budget Value -4898 COP Billion | -1.246 USD Billion Nov/19
Government Spending 35876 COP Billion | 9.128 USD Billion 4Q/19
Government Revenues 14075 COP Billion | 3.581 USD Billion Nov/19
Fiscal Expenditure  18972 COP Billion | 4.827 B USD Nov/19
Government Budget to GDP -3.1 % 2018
Military Expenditure 10303 USD Million | 10.303 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 106 index points Mar/20
Export Prices 104 index points Mar/20
Food Inflation 7.19 % Mar/20
Gasoline Prices 0.55 USD/Liter Mar/20
Import Prices 129 index points Mar/20
Inflation Rate YoY 3.86 % Mar/20
Producer Prices 116 index points Mar/20
Inflation Rate Mom 0.57 % Mar/20
Core Consumer Prices 105 Index Points Feb/20
Core Inflation Rate 3.25 % Feb/20
CPI Housing Utilities 105 Index Points Mar/20
CPI Transportation 104 Index Points Mar/20
Producer Prices Change  4.71 % Mar/20


Trade Indicators

Indicator Data Period
Current Account to GDP -4.3 % 2019
Balance of Trade -0.91 USD Billion Jan/20
Capital Flows -3122 USD Million | -3.122 USD Billion 4Q/19
Current Account -3523 USD Million | -3.523 USD Billion 4Q/19
Exports 3.02 USD Billion Feb/20
External Debt 138175 COP Billion | 35.155 USD Billion Dec/19
Foreign Exchange Reserves 53676 USD Million | 53.676 USD Billion Feb/20
Imports 4.33 USD Billion Jan/20
Terms of Trade  126 Index Points Feb/20


Money Indicators

Indicator Data Period
Gold Reserves 18.92 Tonnes 4Q/19
Interbank Rate 3.72 % Apr/20
Interest Rate 3.75 % Mar/20
Loans to Private Sector 89.78 COP Billion | 0.03 USD Billion Oct/16
Money Supply M0 68597 COP Billion | 17.453 USD Billion Feb/20
Money Supply M1 120455 COP Billion | 30.646 USD Billion Feb/20
Money Supply M2 497990 COP Billion | 126.7 USD Billion Feb/20
Money Supply M3 544670 COP Billion | 138.576 USD Billion Feb/20
Central Bank Balance Sheet 236556 COP Billion | 60.185 B USD Nov/19
Deposit Interest Rate 4.7 % 2018
Foreign Direct Investment 3715 USD Million | 3.715 B USD 4Q/19
Private Sector Credit  254864 COP Million | 0.065 B USD Feb/20


Labor Indicators

Indicator Data Period
Unemployment Rate 12.2 % Feb/20
Employed Persons 22006 Thousand Person | 22.006 Million Person Feb/20
Employment Rate  55.48 % Feb/20
Labor Force Participation Rate 63.2 % Feb/20
Living Wage Family 1095100 COP/Month | 278.618 USD/Month 2018
Living Wage Individual 782100 COP/Month | 198.984 USD/Month 2018
Unemployed Persons 3045 Thousand Persons | 3.045 Million Persons Feb/20
Wages High Skilled 2598000 COP/Month | 660.99 USD/Month 2018
Wages Low Skilled  899500 COP/Month | 228.853 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 % 2018
Social Security Rate For Companies 20.5 % 2019
Social Security Rate For Employees 10 % 2018


Production Indicators

Indicator Data Period
Crude Oil Production 882 BBL/D/1K Dec/19
Industrial Production 3.7 % Jan/20
Steel Production 100 Thousand Tonnes Feb/20
Industrial Production (MoM) 2.6 % Jan/20


Business Indicators

Indicator Data Period
Business Confidence 9.8 index points Feb/20
Corruption Index 37 index points 2019
Corruption Rank 96 place 2019
Ease of Doing Business 67 place 2019
Manufacturing PMI 49.3 index points Mar/20
Competitiveness Index 62.73 Index Points 2019
Competitiveness Rank 57 2019
Leading Economic Index  3.6 % Dec/19
Total Vehicle Sales 7596 Units | 0.008 M Units Jan/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -11.2 index points Feb/20
Retail Sales MoM -26.1 % Jan/20
Retail Sales YoY 7.1 % Dec/19
Consumer Credit 157200 COP Billion | 39.995 USD Billion Dec/19
Consumer Spending 155977 COP Billion | 39.684 USD Billion 4Q/19
Households Debt To GDP 26.2 % 3Q/19


Gold Reserves
gold_reserve_icon
18.92
Tonnes
#63 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
53.676
USD Billion
#38 from 114 countries


Government Budget Value
balance_icon
-1.246
USD Billion
#79 from 113 countries
Inflation Rate
inflation_icon
3.86
%
#54 from 174 countries


Interest Rate
discount_rate_icon
3.75
%
#79 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
12.2
%
#43 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


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