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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 -9 % 3Q/20
GDP Growth Rate 8.7 % 3Q/20
GDP per capita 7843 USD 2019
Inflation Rate YoY 1.75 % Oct/20
Interest Rate 1.75 % Nov/20
Unemployment Rate 14.7 % Oct/20
Balance of Trade -0.94 USD Billion Sep/20
Current Account -1693 USD Million | -1.693 B USD 2Q/20
Foreign Exchange Reserves 56919 USD Million | 56.919 B USD Oct/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 -9 % 3Q/20
GDP Growth Rate 8.7 % 3Q/20
GDP per capita 7843 USD 2019
GDP Constant Prices 202514 COP Billion | 58.395 B USD 3Q/20
GDP per capita PPP 14731 USD 2019
GDP From Agriculture  14393 COP Billion | 4.15 B USD 3Q/20
GDP From Construction  10785 COP Billion | 3.11 B USD 3Q/20
GDP From Manufacturing  25073 COP Billion | 7.23 B USD 3Q/20
GDP From Mining  8856 COP Billion | 2.554 B USD 3Q/20
GDP From Transport  8314 COP Billion | 2.397 B USD 3Q/20
GDP From Utilities  6586 COP Billion | 1.899 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2019
Government Budget Value -8454 COP Billion | -2.438 USD Billion Aug/20
Government Spending 36010 COP Billion | 10.383 USD Billion 3Q/20
Government Revenues 7165 COP Billion | 2.066 USD Billion Aug/20
Fiscal Expenditure  15619 COP Billion | 4.504 B USD Aug/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 Oct/20
Export Prices 114 index points Oct/20
Food Inflation 3.54 % Oct/20
Gasoline Prices 0.61 USD/Liter Nov/20
Import Prices 131 index points Oct/20
Inflation Rate YoY 1.75 % Oct/20
Producer Prices 120 index points Oct/20
Inflation Rate Mom -0.06 % Oct/20
Core Consumer Prices 105 Index Points Oct/20
Core Inflation Rate 2.12 % Oct/20
CPI Housing Utilities 105 Index Points Oct/20
CPI Transportation 105 Index Points Oct/20
Producer Prices Change  -0.7 % Oct/20


Trade Indicators

Indicator Data Period
Current Account to GDP -4.3 % 2019
Balance of Trade -0.94 USD Billion Sep/20
Capital Flows -2279 USD Million | -2.279 USD Billion 2Q/20
Current Account -1693 USD Million | -1.693 USD Billion 2Q/20
Exports 2.63 USD Billion Oct/20
External Debt 150505 COP Billion | 43.398 USD Billion Aug/20
Foreign Exchange Reserves 56919 USD Million | 56.919 USD Billion Oct/20
Imports 3.48 USD Billion Sep/20
Terms of Trade  118 Index Points Sep/20


Money Indicators

Indicator Data Period
Gold Reserves 4.14 Tonnes 3Q/20
Interbank Rate 1.75 % Dec/20
Interest Rate 1.75 % Nov/20
Loans to Private Sector 89.78 COP Billion | 0.03 USD Billion Oct/16
Money Supply M0 84840 COP Billion | 24.464 USD Billion Oct/20
Money Supply M1 146834 COP Billion | 42.339 USD Billion Oct/20
Money Supply M2 553623 COP Billion | 159.637 USD Billion Oct/20
Money Supply M3 600731 COP Billion | 173.22 USD Billion Oct/20
Central Bank Balance Sheet 276651 COP Billion | 79.772 B USD Aug/20
Deposit Interest Rate 4.49 % 2019
Foreign Direct Investment 1340 USD Million | 1.34 B USD 2Q/20
Private Sector Credit  308746 COP Million | 0.089 B USD Oct/20


Labor Indicators

Indicator Data Period
Unemployment Rate 14.7 % Oct/20
Employed Persons 20232 Thousand Person | 20.232 Million Person Oct/20
Employment Rate  50.63 % Oct/20
Labor Force Participation Rate 60.1 % Sep/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 3788 Thousand Persons | 3.788 Million Persons Oct/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 742 BBL/D/1K Aug/20
Industrial Production -3 % Sep/20
Steel Production 110 Thousand Tonnes Oct/20
Industrial Production (MoM) 0.7 % Aug/20


Business Indicators

Indicator Data Period
Business Confidence -3 index points Oct/20
Corruption Index 37 index points 2019
Corruption Rank 96 place 2019
Ease of Doing Business 67 place 2019
Manufacturing PMI 52.1 index points Nov/20
Competitiveness Index 62.73 Index Points 2019
Competitiveness Rank 57 2019
Leading Economic Index  -7.3 % Sep/20
Total Vehicle Sales 7334 Units | 0.007 M Units Sep/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -18.6 index points Oct/20
Retail Sales MoM -2.7 % Aug/20
Retail Sales YoY -0.8 % Sep/20
Consumer Credit 155290 COP Billion | 44.778 USD Billion Aug/20
Consumer Spending 140343 COP Billion | 40.468 USD Billion 3Q/20
Households Debt To GDP 28.46 % 1Q/20


Gold Reserves
gold_reserve_icon
4.14
Tonnes
#63 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
56.919
USD Billion
#38 from 114 countries


Government Budget Value
balance_icon
-2.438
USD Billion
#79 from 113 countries
Inflation Rate
inflation_icon
1.75
%
#54 from 174 countries


Interest Rate
discount_rate_icon
1.75
%
#79 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
14.7
%
#43 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries


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