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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
87 Corruption rank#92
67 Ease of doing business#65
Colombia


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



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