Annual growth of the general government final consumption expenditure in Colombia
Colombia: Annual growth of the general government final consumption expenditure was 0.7% in 2024. ◆ Volatile
Latest (2024)
0.7%
Change on year
down 56.7%
World rank
125th
of 181 countries
All-time high
9.8%
in 2021
All-time low
-0.8%
in 2020
Years of data
25
2000–2024
Annual growth of the general government final consumption expenditure in Colombia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Colombia is 0.7%, measured in 2024.
That represents a change of down 56.7% on the previous year and down 85.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Colombia peaked at 9.8% in 2021 and was at its lowest, -0.8%, in 2020.
Colombia ranks 125th of 181 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 the general government final consumption expenditure in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -0.3% | — |
| 2001 | 2.2% | -889.6% |
| 2002 | -0.6% | -125.8% |
| 2003 | 1.8% | -418.9% |
| 2004 | 6.4% | +250.9% |
| 2005 | 5.2% | -19.0% |
| 2006 | 5.2% | +0.7% |
| 2007 | 4.6% | -12.4% |
| 2008 | 4.7% | +2.8% |
| 2009 | 4.8% | +1.4% |
| 2010 | 5.2% | +9.7% |
| 2011 | 6.5% | +23.9% |
| 2012 | 4.8% | -25.8% |
| 2013 | 8.9% | +85.0% |
| 2014 | 4.7% | -47.4% |
| 2015 | 4.9% | +3.7% |
| 2016 | 1.8% | -62.4% |
| 2017 | 3.6% | +99.7% |
| 2018 | 7.4% | +101.8% |
| 2019 | 5.3% | -28.3% |
| 2020 | -0.8% | -114.4% |
| 2021 | 9.8% | -1391.1% |
| 2022 | 1.0% | -89.9% |
| 2023 | 1.6% | +58.4% |
| 2024 | 0.7% | -56.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -0.6% | 6.4% | 10 |
| 2010s | 5.3% | 1.8% | 8.9% | 10 |
| 2020s | 2.5% | -0.8% | 9.8% | 5 |
Countries ranked near Colombia
- 123 Estonia 0.9% compare
- 124 Costa Rica 0.7% compare
- 126 Democratic Republic of the Congo 0.7% compare
- 127 Venezuela (Bolivarian Republic of) 0.6% compare
- 128 Bolivia (Plurinational State of) 0.6% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Colombia?
- Annual growth of the general government final consumption expenditure in Colombia was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Colombia?
- The highest recorded value was 9.8% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Colombia?
- The lowest recorded value was -0.8% in 2020.
- How does Colombia rank for annual growth of the general government final consumption expenditure?
- Colombia ranks 125th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Colombia?
- Over the last ten years it is down 85.5%. 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 growth of the general government final consumption expenditure (%). 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).