External balance on goods and services in Colombia
Colombia: External balance on goods and services was -5.4% in 2025. ◆ Volatile
External balance on goods and services in Colombia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services in Colombia is -5.4%, measured in 2025.
The figure is down 29.9% on the previous year and up 23.5% over ten years.
Over the whole period, external balance on goods and services in Colombia peaked at 6.8% in 1986 and was at its lowest, -7.7%, in 2021.
That places Colombia 111th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 0.9% | — |
| 1961 | -0.8% | -189.5% |
| 1962 | -0.0% | -99.5% |
| 1963 | -0.4% | +9557.0% |
| 1964 | -0.7% | +88.9% |
| 1965 | 2.4% | -449.4% |
| 1966 | -4.4% | -280.0% |
| 1967 | 0.9% | -120.0% |
| 1968 | -1.0% | -219.2% |
| 1969 | -0.5% | -54.7% |
| 1970 | -1.3% | +173.3% |
| 1971 | -4.1% | +215.4% |
| 1972 | 0.5% | -111.3% |
| 1973 | 2.3% | +394.9% |
| 1974 | -1.1% | -148.2% |
| 1975 | 1.8% | -265.6% |
| 1976 | 3.2% | +74.5% |
| 1977 | 3.7% | +16.4% |
| 1978 | 2.8% | -22.9% |
| 1979 | 1.8% | -37.4% |
| 1980 | 0.6% | -64.9% |
| 1981 | -3.6% | -674.4% |
| 1982 | -4.3% | +19.9% |
| 1983 | -2.8% | -35.0% |
| 1984 | -0.6% | -79.2% |
| 1985 | 1.3% | -321.4% |
| 1986 | 6.8% | +433.7% |
| 1987 | 4.0% | -41.1% |
| 1988 | 2.4% | -39.8% |
| 1989 | 4.2% | +72.2% |
| 1990 | 2.9% | -29.5% |
| 1991 | 4.7% | +58.1% |
| 1992 | -0.6% | -112.3% |
| 1993 | -5.8% | +911.1% |
| 1994 | -5.9% | +1.9% |
| 1995 | -6.4% | +8.6% |
| 1996 | -5.6% | -12.2% |
| 1997 | -5.9% | +4.8% |
| 1998 | -5.9% | -0.3% |
| 1999 | 0.5% | -109.2% |
| 2000 | -0.8% | -253.9% |
| 2001 | -3.1% | +273.7% |
| 2002 | -3.4% | +7.2% |
| 2003 | -3.4% | +0.4% |
| 2004 | -2.3% | -31.0% |
| 2005 | -3.5% | +49.9% |
| 2006 | -4.2% | +20.2% |
| 2007 | -4.2% | +1.2% |
| 2008 | -2.9% | -30.3% |
| 2009 | -2.3% | -21.8% |
| 2010 | -1.6% | -31.4% |
| 2011 | -0.9% | -42.0% |
| 2012 | -1.2% | +32.2% |
| 2013 | -1.8% | +49.6% |
| 2014 | -4.2% | +132.6% |
| 2015 | -7.1% | +67.4% |
| 2016 | -6.8% | -4.1% |
| 2017 | -5.0% | -26.2% |
| 2018 | -4.7% | -5.1% |
| 2019 | -5.8% | +23.0% |
| 2020 | -7.0% | +20.4% |
| 2021 | -7.7% | +9.3% |
| 2022 | -7.5% | -2.1% |
| 2023 | -4.5% | -39.8% |
| 2024 | -4.2% | -8.0% |
| 2025 | -5.4% | +29.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.4% | -4.4% | 2.4% | 10 |
| 1970s | 1.0% | -4.1% | 3.7% | 10 |
| 1980s | 0.8% | -4.3% | 6.8% | 10 |
| 1990s | -2.8% | -6.4% | 4.7% | 10 |
| 2000s | -3.0% | -4.2% | -0.8% | 10 |
| 2010s | -3.9% | -7.1% | -0.9% | 10 |
| 2020s | -6.0% | -7.7% | -4.2% | 6 |
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)
- 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 external balance on goods and services in Colombia?
- External balance on goods and services in Colombia was -5.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Colombia?
- The highest recorded value was 6.8% in 1986.
- What is the lowest external balance on goods and services recorded in Colombia?
- The lowest recorded value was -7.7% in 2021.
- How does Colombia rank for external balance on goods and services?
- Colombia ranks 111th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Colombia?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.