GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Colombia
Colombia: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 5.78 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Colombia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Colombia stood at 5.78 % change on previous year.
Compared with earlier readings it is down 6.1% on the previous year and up 158.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Colombia peaked at 29.21 % change on previous year in 1977 and was at its lowest, 1.48 % change on previous year, in 2020.
Colombia ranks 56th of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Colombia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.69 % change on previous year | — |
| 1972 | 13.12 % change on previous year | +22.7% |
| 1973 | 19.84 % change on previous year | +51.2% |
| 1974 | 25.31 % change on previous year | +27.6% |
| 1975 | 22.92 % change on previous year | -9.4% |
| 1976 | 25.43 % change on previous year | +10.9% |
| 1977 | 29.21 % change on previous year | +14.9% |
| 1978 | 17.04 % change on previous year | -41.7% |
| 1979 | 24.13 % change on previous year | +41.6% |
| 1980 | 27.59 % change on previous year | +14.3% |
| 1981 | 22.79 % change on previous year | -17.4% |
| 1982 | 24.74 % change on previous year | +8.5% |
| 1983 | 20.41 % change on previous year | -17.5% |
| 1984 | 22.2 % change on previous year | +8.8% |
| 1985 | 24.87 % change on previous year | +12.0% |
| 1986 | 29.17 % change on previous year | +17.3% |
| 1987 | 23.37 % change on previous year | -19.9% |
| 1988 | 27.75 % change on previous year | +18.7% |
| 1989 | 24.69 % change on previous year | -11.0% |
| 1990 | 28.23 % change on previous year | +14.3% |
| 1991 | 26.53 % change on previous year | -6.0% |
| 1992 | 23.38 % change on previous year | -11.9% |
| 1993 | 24.46 % change on previous year | +4.6% |
| 1994 | 22.87 % change on previous year | -6.5% |
| 1995 | 18.85 % change on previous year | -17.6% |
| 1996 | 16.87 % change on previous year | -10.5% |
| 1997 | 16.84 % change on previous year | -0.2% |
| 1998 | 14.77 % change on previous year | -12.3% |
| 1999 | 12.62 % change on previous year | -14.6% |
| 2000 | 12.11 % change on previous year | -4.0% |
| 2001 | 6.52 % change on previous year | -46.2% |
| 2002 | 5.97 % change on previous year | -8.4% |
| 2003 | 6.83 % change on previous year | +14.4% |
| 2004 | 7.28 % change on previous year | +6.7% |
| 2005 | 5.56 % change on previous year | -23.7% |
| 2006 | 5.81 % change on previous year | +4.5% |
| 2007 | 5.2 % change on previous year | -10.4% |
| 2008 | 7.68 % change on previous year | +47.6% |
| 2009 | 4.06 % change on previous year | -47.1% |
| 2010 | 3.8 % change on previous year | -6.4% |
| 2011 | 6.39 % change on previous year | +67.9% |
| 2012 | 3.62 % change on previous year | -43.4% |
| 2013 | 1.91 % change on previous year | -47.3% |
| 2014 | 2.24 % change on previous year | +17.2% |
| 2015 | 2.45 % change on previous year | +9.6% |
| 2016 | 5.15 % change on previous year | +110.2% |
| 2017 | 5.13 % change on previous year | -0.3% |
| 2018 | 4.63 % change on previous year | -9.8% |
| 2019 | 4 % change on previous year | -13.6% |
| 2020 | 1.48 % change on previous year | -63.0% |
| 2021 | 7.8 % change on previous year | +426.7% |
| 2022 | 14.87 % change on previous year | +90.5% |
| 2023 | 6.15 % change on previous year | -58.6% |
| 2024 | 5.78 % change on previous year | -6.1% |
Colombia compared with similar countries
- Colombia's 5.78 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.5× the median. (51 countries reporting)
- Colombia's 5.78 % change on previous year is above the median for Latin America & Caribbean, which is 3.66 % change on previous year, 1.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2021 | +426.7% | 1.48 % change on previous year | 7.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.85 % change on previous year | 10.69 % change on previous year | 29.21 % change on previous year | 9 |
| 1980s | 24.76 % change on previous year | 20.41 % change on previous year | 29.17 % change on previous year | 10 |
| 1990s | 20.54 % change on previous year | 12.62 % change on previous year | 28.23 % change on previous year | 10 |
| 2000s | 6.7 % change on previous year | 4.06 % change on previous year | 12.11 % change on previous year | 10 |
| 2010s | 3.93 % change on previous year | 1.91 % change on previous year | 6.39 % change on previous year | 10 |
| 2020s | 7.22 % change on previous year | 1.48 % change on previous year | 14.87 % change on previous year | 5 |
Countries ranked near Colombia
- 53 Central African Republic 6 % change on previous year compare
- 54 Belize 6 % change on previous year compare
- 55 Iceland 5.86 % change on previous year compare
- 57 Cuba 5.74 % change on previous year compare
- 58 Israel 5.52 % change on previous year compare
- 59 Croatia 5.5 % change on previous year compare
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 gdp deflator — value standard local currency, 2015 prices, annual in Colombia?
- Gdp deflator — value standard local currency, 2015 prices, annual in Colombia was 5.78 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Colombia?
- The highest recorded value was 29.21 % change on previous year in 1977.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Colombia?
- The lowest recorded value was 1.48 % change on previous year in 2020.
- How does Colombia rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Colombia ranks 56th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Colombia?
- Over the last ten years it is up 158.4%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.