Annual growth of general government final consumption expenditure in Colombia
Colombia: Annual growth of general government final consumption expenditure was 1.61 in 2023. ◆ Volatile
Latest (2023)
1.61
Change on year
up 89.4%
World rank
92nd
of 167 countries
All-time high
9.82
in 2021
All-time low
-0.76
in 2020
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Colombia, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Colombia stood at 1.61.
The figure is up 89.4% on the previous year and down 81.9% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Colombia peaked at 9.82 in 2021 and was at its lowest, -0.76, in 2020.
Colombia ranks 92nd of 167 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 growth of general government final consumption expenditure in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.28 | — |
| 2001 | 2.22 | -892.9% |
| 2002 | -0.57 | -125.7% |
| 2003 | 1.82 | -419.3% |
| 2004 | 6.39 | +251.1% |
| 2005 | 5.18 | -18.9% |
| 2006 | 5.21 | +0.6% |
| 2007 | 4.57 | -12.3% |
| 2008 | 4.7 | +2.8% |
| 2009 | 4.76 | +1.3% |
| 2010 | 5.23 | +9.9% |
| 2011 | 6.48 | +23.9% |
| 2012 | 4.81 | -25.8% |
| 2013 | 8.9 | +85.0% |
| 2014 | 4.68 | -47.4% |
| 2015 | 4.85 | +3.6% |
| 2016 | 1.82 | -62.5% |
| 2017 | 3.64 | +100.0% |
| 2018 | 7.35 | +101.9% |
| 2019 | 5.27 | -28.3% |
| 2020 | -0.76 | -114.4% |
| 2021 | 9.82 | -1392.1% |
| 2022 | 0.85 | -91.3% |
| 2023 | 1.61 | +89.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4 | -0.57 | 6.39 | 10 |
| 2010s | 5.3 | 1.82 | 8.9 | 10 |
| 2020s | 2.88 | -0.76 | 9.82 | 4 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.42 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1998 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,711 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -41.32 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -40.58 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 13.34 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 403.12 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.45 million current LCU per person (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Colombia?
- Annual growth of general government final consumption expenditure in Colombia was 1.61 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Colombia?
- The highest recorded value was 9.82 in 2021.
- What is the lowest annual growth of general government final consumption expenditure recorded in Colombia?
- The lowest recorded value was -0.76 in 2020.
- How does Colombia rank for annual growth of general government final consumption expenditure?
- Colombia ranks 92nd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Colombia?
- Over the last ten years it is down 81.9%. 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 growth of general government final consumption expenditure. 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).