Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Colombia Current Account Value and percent from GDP

Colombia Current Account Data

Indicator Data Period
Current Account to GDP -6.2 % 2022
Current Account -2524 USD Million | -2.524 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Colombia - Historical Data (%)

What is ratio of Colombia Current Account to GDP?

  • The deficit of Current Account to GDP in Colombia decreased to 6.2 % in 2022. The maximum surplus was 4.1 % and deficit was -6.3 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-6.2 2022 13.04.2023
-5.7 2021 28.06.2022
-3.4 2020 22.03.2021
-4.3 2019 03.03.2020
-3.8 2018 04.03.2019
-3.3 2017 19.04.2018
-4.4 2016 11.08.2017
0 2087 31.12.1987


Historical Chart by presidents (%)

Current Account to GDP in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Santos 07.08.2010 - 07.08.2018 -4.4000 -3.3000 -3.3000 -4.4000 -25.00%


Latest data on Current Account (USD Million)

Current Account
                     Colombia - Historical Data (USD Million)

What is Colombia Current Account Deficit?

  • The deficit of Current Account in Colombia increased to 2524 USD Million (2.524 B USD) in the second quarter of 2023. The maximum value was 364 USD Million and minimum was -6452 USD Million.
  • Data published Quarterly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
-2524 2Q/23 07.09.2023
-3422 1Q/23 01.06.2023
-4987 4Q/22 03.03.2023
-6177 3Q/22 10.12.2022
-5039 2Q/22 03.09.2022
-5367 1Q/22 04.06.2022
-6136 4Q/21 05.03.2022
-5120 3Q/21 18.01.2022


Historical Chart by presidents (USD Million)

Current Account in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Santos 07.08.2010 - 07.08.2018 -3182.0000 -2831.0000 -1901.0000 -3182.0000 -11.03%

Other trade indicators in Colombia

Index Updated Actual Previous
Balance of Trade Jul/23 -0.85 B USD -1.03
Capital Flows 2Q/23 -2.846 B USD -2.831
Exports Aug/23 3.95 B USD 4.09
Foreign Exchange Reserves Aug/23 57.945 B USD 58.112
Imports Jul/23 4.95 B USD 5.02
Terms of Trade  Aug/23 125 in. pt. 124

Current Account to GDP in other countries

Country Updated Actual Previous
Colombia 2022 -6.2 % -5.7
Panama 2022 -4.1 % -3.2
Honduras 2022 -3.4 % -5.3
Brazil 2022 -2.92 % -2.81
Chile 2022 -9 % -6.6
Paraguay 2022 -5.2 % 0.9
Argentina 2022 -0.7 % 1.4
Canada 2022 -0.4 % -0.3
Ecuador 2022 2.2 % 2.9
Mexico 2022 -0.9 % -0.6
Peru 2022 -4.5 % -2.9
United States 2022 -3.7 % -3.6
Uruguay 2022 -2.6 % -1.8
Jamaica 2022 -3.2 % 0.7
Suriname 2022 -1.7 % 5.2
Venezuela 2022 3.5 % -1.1
Belize 2022 -8.8 % -6.3
Cameroon 2022 -1.6 % -4.1
Cape Verde 2022 -3.4 % -11.8
Cuba 2020 0.9 % 1.9
Dominican Republic 2022 -5.8 % -2.8
El Salvador 2022 -8.3 % -5.1
Guyana 2022 27.3 % -25.6
Haiti 2022 -2.3 % 0.5
Nicaragua 2022 -1.4 % -3.1
Trinidad and Tobago 2022 19.9 % 9.9