Direct economic loss attributed to disasters in Colombia
Colombia: Direct economic loss attributed to disasters was 1.18 billion in 2024. ◆ Volatile
Direct economic loss attributed to disasters in Colombia, 2005–2024
Source: Our World in Data.
Analysis
Colombia recorded 1.18 billion for direct economic loss attributed to disasters in 2024.
The figure is up 79.5% on the previous year and down 98.4% over ten years.
Over the whole period, direct economic loss attributed to disasters in Colombia peaked at 75.89 billion in 2014 and was at its lowest, 75.99 million, in 2019.
Colombia ranks 18th of 130 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Direct economic loss attributed to disasters in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.19 billion | — |
| 2006 | 100.09 million | -91.6% |
| 2007 | 8.85 billion | +8738.1% |
| 2008 | 9.65 billion | +9.1% |
| 2009 | 132.01 million | -98.6% |
| 2010 | 11.21 billion | +8394.5% |
| 2011 | 11.38 billion | +1.5% |
| 2012 | 12.24 billion | +7.5% |
| 2013 | 2.56 billion | -79.1% |
| 2014 | 75.89 billion | +2861.1% |
| 2015 | 38.50 billion | -49.3% |
| 2016 | 50.13 billion | +30.2% |
| 2017 | 30.28 billion | -39.6% |
| 2018 | 14.40 billion | -52.5% |
| 2019 | 75.99 million | -99.5% |
| 2020 | 808.67 million | +964.1% |
| 2021 | 646.15 million | -20.1% |
| 2022 | 147.51 million | -77.2% |
| 2023 | 658.26 million | +346.3% |
| 2024 | 1.18 billion | +79.5% |
Colombia compared with similar countries
- Colombia's 1.18 billion is above the median for upper middle income countries, which is 9.95 million, 118.7× the median. (46 countries reporting)
- Colombia's 1.18 billion is above the median for Latin America & Caribbean, which is 58.28 million, 20.3× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Direct economic loss attributed to disasters in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +8738.1% | 100.09 million | 8.85 billion |
| 2010 | +8394.5% | 132.01 million | 11.21 billion |
| 2014 | +2861.1% | 2.56 billion | 75.89 billion |
| 2020 | +964.1% | 75.99 million | 808.67 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.98 billion | 100.09 million | 9.65 billion | 5 |
| 2010s | 24.67 billion | 75.99 million | 75.89 billion | 10 |
| 2020s | 688.48 million | 147.51 million | 1.18 billion | 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 direct economic loss attributed to disasters in Colombia?
- Direct economic loss attributed to disasters in Colombia was 1.18 billion in 2024, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Colombia?
- The highest recorded value was 75.89 billion in 2014.
- What is the lowest direct economic loss attributed to disasters recorded in Colombia?
- The lowest recorded value was 75.99 million in 2019.
- How does Colombia rank for direct economic loss attributed to disasters?
- Colombia ranks 18th out of 130 countries with data for 2024.
- Is direct economic loss attributed to disasters rising or falling in Colombia?
- Over the last ten years it is down 98.4%. 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 Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
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