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Economy of Colombia. Statistics, Data and Indicators

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


Colombia Major Economic Indicators

Indicator Data Period
GDP Value 314 USD Billion 2021
GDP Annual Growth Rate 7 % 3Q/22
GDP Growth Rate 1.6 % 3Q/22
GDP per capita 6418 USD 2021
Inflation Rate YoY 13.25 % Jan/23
Interest Rate 12.75 % Jan/23
Unemployment Rate 10.3 % Dec/22
Balance of Trade -1.5 USD Billion Nov/22
Current Account -6177 USD Million | -6.177 B USD 3Q/22
Foreign Exchange Reserves 57269 USD Million | 57.269 B USD Dec/22


GDP Indicators

Indicator Data Period
GDP Value 314 USD Billion 2021
GDP Annual Growth Rate 7 % 3Q/22
GDP Growth Rate 1.6 % 3Q/22
GDP per capita 6418 USD 2021
GDP Constant Prices 247247 COP Billion | 53.12 B USD 3Q/22
GDP per capita PPP 14649 USD 2021
GDP From Agriculture  14695 COP Billion | 3.157 B USD 3Q/22
GDP From Construction  11798 COP Billion | 2.535 B USD 3Q/22
GDP From Manufacturing  31129 COP Billion | 6.688 B USD 3Q/22
GDP From Mining  9422 COP Billion | 2.024 B USD 3Q/22
GDP From Transport  12688 COP Billion | 2.726 B USD 3Q/22
GDP From Utilities  7229 COP Billion | 1.553 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 61.1 % 2022
Government Budget Value -9358 COP Billion | -2.011 USD Billion Jun/22
Government Spending 40757 COP Billion | 8.756 USD Billion 3Q/22
Government Revenues 24430 COP Billion | 5.249 USD Billion Jun/22
Fiscal Expenditure  33788 COP Billion | 7.259 B USD Jun/22
Government Budget to GDP -7.1 % 2021
Military Expenditure 10180 USD Million | 10.18 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 126 index points Dec/22
Export Prices 197 index points Jan/23
Food Inflation 27.81 % Dec/22
Gasoline Prices 0.58 USD/Liter Jan/23
Import Prices 172 index points Jan/23
Inflation Rate YoY 13.25 % Jan/23
Producer Prices 186 index points Jan/23
Inflation Rate Mom 1.78 % Jan/23
Core Consumer Prices 123 Index Points Dec/22
Core Inflation Rate 11.55 % Dec/22
CPI Housing Utilities 117 Index Points Dec/22
CPI Transportation 124 Index Points Dec/22
Producer Prices Change  16.79 % Jan/23


Trade Indicators

Indicator Data Period
Current Account to GDP -5.7 % 2021
Balance of Trade -1.5 USD Billion Nov/22
Capital Flows -5662 USD Million | -5.662 USD Billion 3Q/22
Current Account -6177 USD Million | -6.177 USD Billion 3Q/22
Exports 4.5 USD Billion Dec/22
External Debt 178136 COP Billion | 38.272 USD Billion Oct/22
Foreign Exchange Reserves 57269 USD Million | 57.269 USD Billion Dec/22
Imports 6.04 USD Billion Nov/22
Terms of Trade  150 Index Points Dec/22


Money Indicators

Indicator Data Period
Gold Reserves 4.68 Tonnes 3Q/22
Interbank Rate 12.82 % Feb/23
Interest Rate 12.75 % Jan/23
Loans to Private Sector 89.78 COP Billion | 0.03 USD Billion Oct/16
Money Supply M0 115899 COP Billion | 24.9 USD Billion Dec/22
Money Supply M1 189277 COP Billion | 40.665 USD Billion Dec/22
Money Supply M2 714122 COP Billion | 153.426 USD Billion Dec/22
Money Supply M3 770308 COP Billion | 165.497 USD Billion Dec/22
Central Bank Balance Sheet 339033 COP Billion | 72.84 B USD Dec/22
Deposit Interest Rate 2.1 % 2021
Foreign Direct Investment 3317 USD Million | 3.317 B USD 3Q/22
Private Sector Credit  268117 COP Million | 0.058 B USD Dec/22


Labor Indicators

Indicator Data Period
Unemployment Rate 10.3 % Dec/22
Employed Persons 22606 Thousand Person | 22.606 Million Person Oct/22
Employment Rate  57.4 % Nov/22
Labor Force Participation Rate 63.8 % Dec/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 2572 Thousand Persons | 2.572 Million Persons Dec/22
Wages High Skilled 2598000 COP/Month | 692.608 USD/Month 2018
Wages Low Skilled  899500 COP/Month | 239.8 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 767 BBL/D/1K Oct/22
Industrial Production 4.5 % Nov/22
Steel Production 110 Thousand Tonnes Dec/20
Industrial Production (MoM) 0.3 % Nov/22


Business Indicators

Indicator Data Period
Business Confidence -1.2 index points Dec/22
Corruption Index 39 index points 2022
Corruption Rank 91 place 2022
Ease of Doing Business 67 place 2019
Manufacturing PMI 48.5 index points Jan/23
Competitiveness Index 62.73 Index Points 2019
Competitiveness Rank 57 2019
Leading Economic Index  4.6 % Oct/22
Total Vehicle Sales 9829 Units | 0.01 M Units Nov/22


Consumer Indicators

Indicator Data Period
Consumer Confidence -22.3 index points Dec/22
Retail Sales MoM 1.4 % Oct/22
Retail Sales YoY 1.7 % Nov/22
Consumer Credit 211624 COP Billion | 45.467 USD Billion Oct/22
Consumer Spending 183284 COP Billion | 39.378 USD Billion 3Q/22
Households Debt To GDP 29.6 % 2Q/22