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
144th
of 196 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.
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 144th of 196 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 | Value | 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% |
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
- 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)
- GNI, Atlas method (current US$), annual growth rate 12.69 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9232 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 7,904 current US$ per person (2025)
- GNI (current US$), annual growth rate 8.54 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9827 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 8,413 current US$ per person (2025)
- GNI (current LCU), annual growth rate 7.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3,983 current LCU per US$ of GDP (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 144th out of 196 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).