Annual GDP growth (%) in Colombia
Colombia: Annual GDP growth (%) was 1.6% in 2024. ◆ Volatile
Latest (2024)
1.6%
Change on year
up 124.4%
World rank
167th
of 230 countries
All-time high
10.8%
in 2021
All-time low
-7.2%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Colombia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Colombia stood at 1.6%.
That represents a change of up 124.4% on the previous year and down 64.5% over ten years.
Over the whole period, annual gdp growth in Colombia peaked at 10.8% in 2021 and was at its lowest, -7.2%, in 2020.
Colombia ranks 167th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.9% | — |
| 2001 | 1.7% | -42.6% |
| 2002 | 2.5% | +49.2% |
| 2003 | 3.9% | +56.5% |
| 2004 | 5.3% | +36.1% |
| 2005 | 4.8% | -9.5% |
| 2006 | 6.7% | +39.1% |
| 2007 | 6.7% | +0.3% |
| 2008 | 3.3% | -51.3% |
| 2009 | 1.1% | -65.3% |
| 2010 | 4.5% | +294.4% |
| 2011 | 6.9% | +54.6% |
| 2012 | 3.9% | -43.7% |
| 2013 | 5.1% | +31.2% |
| 2014 | 4.5% | -12.4% |
| 2015 | 3.0% | -34.3% |
| 2016 | 2.1% | -29.4% |
| 2017 | 1.4% | -34.9% |
| 2018 | 2.6% | +88.6% |
| 2019 | 3.2% | +24.3% |
| 2020 | -7.2% | -325.5% |
| 2021 | 10.8% | -250.3% |
| 2022 | 7.3% | -32.2% |
| 2023 | 0.7% | -90.3% |
| 2024 | 1.6% | +124.4% |
Colombia compared with similar countries
- Colombia's 1.6% is below the median for upper middle income countries, which is 3.5%, 46% of the median. (56 countries reporting)
- Colombia's 1.6% is below the median for Latin America & Caribbean, which is 3.3%, 48% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | 1.1% | 6.7% | 10 |
| 2010s | 3.7% | 1.4% | 6.9% | 10 |
| 2020s | 2.7% | -7.2% | 10.8% | 5 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Real gdp growth, annual growth rate 76.96 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Colombia?
- Annual gdp growth in Colombia was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Colombia?
- The highest recorded value was 10.8% in 2021.
- What is the lowest annual gdp growth recorded in Colombia?
- The lowest recorded value was -7.2% in 2020.
- How does Colombia rank for annual gdp growth?
- Colombia ranks 167th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Colombia?
- Over the last ten years it is down 64.5%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).