Economic Outlook No 115 — Private final consumption expenditure in Colombia

Colombia: Economic Outlook No 115 — Private final consumption expenditure was 1,395.55 trillion in 2025. ◆ Volatile

Latest (2025)
1,395.55 trillion
Change on year
up 6.7%
World rank
2nd
of 37 countries
All-time high
1,395.55 trillion
in 2025
All-time low
60.04 trillion
in 1994
Years of data
32
1994–2025

Economic Outlook No 115 — Private final consumption expenditure in Colombia, 1994–2025

0500.0T1,000.0T1,500.0T1994200920251994: 60.0T1995: 74.8T1996: 88.7T1997: 106.4T1998: 124.3T1999: 131.0T2000: 147.9T2001: 162.7T2002: 175.5T2003: 192.1T2004: 211.2T2005: 229.4T2006: 257.1T2007: 287.3T2008: 314.9T2009: 333.6T2010: 358.7T2011: 399.7T2012: 437.4T2013: 468.0T2014: 503.3T2015: 551.0T2016: 596.5T2017: 630.6T2018: 672.9T2019: 727.9T2020: 706.2T2021: 867.1T2022: 1,085.7T2023: 1,218.9T2024: 1,307.5T2025: 1,395.5T

Source: Organisation for Economic Co-operation and Development.

Analysis

Colombia recorded 1,395.55 trillion for economic outlook no 115 — private final consumption expenditure in 2025. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 6.7% on the previous year and up 153.3% over ten years.

Over the whole period, economic outlook no 115 — private final consumption expenditure in Colombia peaked at 1,395.55 trillion in 2025 and was at its lowest, 60.04 trillion, in 1994.

Colombia ranks 2nd of 37 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 115 — Private final consumption expenditure in Colombia, year by year

Annual values for Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach in Colombia, 1994 to 2025.
Year Value Change
1994 60.04 trillion
1995 74.76 trillion +24.5%
1996 88.67 trillion +18.6%
1997 106.41 trillion +20.0%
1998 124.25 trillion +16.8%
1999 131.00 trillion +5.4%
2000 147.95 trillion +12.9%
2001 162.68 trillion +10.0%
2002 175.53 trillion +7.9%
2003 192.13 trillion +9.5%
2004 211.22 trillion +9.9%
2005 229.37 trillion +8.6%
2006 257.07 trillion +12.1%
2007 287.31 trillion +11.8%
2008 314.92 trillion +9.6%
2009 333.62 trillion +5.9%
2010 358.72 trillion +7.5%
2011 399.72 trillion +11.4%
2012 437.45 trillion +9.4%
2013 467.97 trillion +7.0%
2014 503.29 trillion +7.5%
2015 551.01 trillion +9.5%
2016 596.52 trillion +8.3%
2017 630.64 trillion +5.7%
2018 672.87 trillion +6.7%
2019 727.93 trillion +8.2%
2020 706.16 trillion -3.0%
2021 867.07 trillion +22.8%
2022 1,085.69 trillion +25.2%
2023 1,218.94 trillion +12.3%
2024 1,307.55 trillion +7.3%
2025 1,395.55 trillion +6.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 97.52 trillion 60.04 trillion 131.00 trillion 6
2000s 231.18 trillion 147.95 trillion 333.62 trillion 10
2010s 534.61 trillion 358.72 trillion 727.93 trillion 10
2020s 1,096.83 trillion 706.16 trillion 1,395.55 trillion 6

Countries ranked near Colombia

  1. 1 Türkiye 33.03 trillion compare
  2. 1 Indonesia 13,421.10 trillion compare
  3. 3 Croatia 49.93 billion compare
  4. 3 Argentina 621.95 trillion compare
  5. 3 Poland 2.26 trillion compare
  6. 4 Netherlands 493.60 billion compare
  7. 4 Japan 336.40 trillion compare
  8. 5 Lithuania 47.16 billion compare
  9. 5 India 210.14 trillion compare

See the full ranking of 48 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is economic outlook no 115 — private final consumption expenditure in Colombia?
Economic outlook no 115 — private final consumption expenditure in Colombia was 1,395.55 trillion in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 115 — private final consumption expenditure recorded in Colombia?
The highest recorded value was 1,395.55 trillion in 2025.
What is the lowest economic outlook no 115 — private final consumption expenditure recorded in Colombia?
The lowest recorded value was 60.04 trillion in 1994.
How does Colombia rank for economic outlook no 115 — private final consumption expenditure?
Colombia ranks 2nd out of 37 countries with data for 2025.
Is economic outlook no 115 — private final consumption expenditure rising or falling in Colombia?
Over the last ten years it is up 153.3%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.

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Economic Outlook No 115 — Private final consumption expenditure in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-115-private-final-consumption-expenditure-nominal-value-gdp/colombia/

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About this data

Indicator
Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,315 data points, 1960–2025
Last refreshed

May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP