Current account balance as a proportion of GDP in Colombia
Colombia: Current account balance as a proportion of GDP was -1.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Colombia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Colombia is -1.6%, measured in 2024.
The figure is up 27.4% on the previous year and up 68.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Colombia peaked at 0.8% in 2000 and was at its lowest, -6.4%, in 2015.
Colombia ranks 114th of 204 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.
Current account balance as a proportion of GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.8% | — |
| 2001 | -1.1% | -225.2% |
| 2002 | -1.3% | +24.2% |
| 2003 | -1.0% | -26.8% |
| 2004 | -0.7% | -31.4% |
| 2005 | -1.3% | +102.2% |
| 2006 | -1.8% | +38.2% |
| 2007 | -3.0% | +61.3% |
| 2008 | -2.7% | -10.2% |
| 2009 | -1.9% | -28.8% |
| 2010 | -3.0% | +57.1% |
| 2011 | -2.9% | -3.0% |
| 2012 | -3.1% | +8.1% |
| 2013 | -3.2% | +3.1% |
| 2014 | -5.2% | +60.6% |
| 2015 | -6.4% | +22.6% |
| 2016 | -4.5% | -30.1% |
| 2017 | -3.2% | -28.5% |
| 2018 | -4.2% | +32.0% |
| 2019 | -4.6% | +9.1% |
| 2020 | -3.4% | -25.2% |
| 2021 | -5.6% | +64.4% |
| 2022 | -6.0% | +7.1% |
| 2023 | -2.3% | -62.5% |
| 2024 | -1.6% | -27.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.4% | -3.0% | 0.8% | 10 |
| 2010s | -4.0% | -6.4% | -2.9% | 10 |
| 2020s | -3.8% | -6.0% | -1.6% | 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)
- Exports of goods and services (current LCU), annual growth rate 0.8301 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 607.32 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.20 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.84 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1124 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 962.13 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.39 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1601 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Colombia?
- Current account balance as a proportion of gdp in Colombia was -1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Colombia?
- The highest recorded value was 0.8% in 2000.
- What is the lowest current account balance as a proportion of gdp recorded in Colombia?
- The lowest recorded value was -6.4% in 2015.
- How does Colombia rank for current account balance as a proportion of gdp?
- Colombia ranks 114th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Colombia?
- Over the last ten years it is up 68.4%. 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 Current account balance as a proportion of GDP (%). 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).