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 115th of 205 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% |
Colombia compared with similar countries
- Colombia's -1.6% is above the median for upper middle income countries, which is -2.1%, 78% of the median. (53 countries reporting)
- Colombia's -1.6% is below the median for Latin America & Caribbean, which is -1.6%, 1.0× the median. (35 countries reporting)
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
- Real gdp growth, annual growth rate 76.96 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (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 115th out of 205 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.
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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).