Annual gdp growth in Colombia
Colombia: Annual gdp growth was 0.61 in 2023. ◆ Volatile
Latest (2023)
0.61
Change on year
down 91.6%
World rank
170th
of 211 countries
All-time high
10.8
in 2021
All-time low
-7.19
in 2020
Years of data
24
2000–2023
Annual gdp growth in Colombia, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Colombia is 0.61, measured in 2023.
Compared with earlier readings it is down 91.6% on the previous year and down 88.1% over ten years.
Over the whole period, annual gdp growth in Colombia peaked at 10.8 in 2021 and was at its lowest, -7.19, in 2020.
That places Colombia 170th out of 211 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.91 | 1.14 | 6.74 | 10 |
| 2010s | 3.71 | 1.36 | 6.95 | 10 |
| 2020s | 2.88 | -7.19 | 10.8 | 4 |
Countries ranked near Colombia
- 167 Switzerland 0.72 compare
- 168 Italy 0.7 compare
- 168 South Africa 0.7 compare
- 171 Nauru 0.59 compare
- 172 Puerto Rico 0.56 compare
- 173 Norway 0.48 compare
More economy & growth data for Colombia
- External balance on goods and services as a percent of gdp -5.4 (2025)
- Inflation of consumer prices 5.14 (2025)
- Gdp per capita worldbank constant usd 6,976 (2025)
- Manufacturing value added to gdp 9.9 (2025)
- Gdp worldbank constant usd 372.67 billion (2025)
- Gdp per capita in international and market dollars 6,976 (2025)
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Colombia?
- Annual gdp growth in Colombia was 0.61 in 2023, according to Our World in Data.
- 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 -7.19 in 2020.
- How does Colombia rank for annual gdp growth?
- Colombia ranks 170th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Colombia?
- Over the last ten years it is down 88.1%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).