Machinery and transport equipment in Colombia
Colombia: Machinery and transport equipment was 3.1% in 2023. ▼ Falling
Machinery and transport equipment in Colombia, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Colombia is 3.1%, measured in 2023. That is the lowest value across all 61 years on record.
The figure is down 17.0% on the previous year and down 30.8% over ten years.
Over the whole period, machinery and transport equipment in Colombia peaked at 7.8% in 1975 and was at its lowest, 3.1%, in 2023.
Colombia ranks 100th of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 61 years of available data.
Machinery and transport equipment in Colombia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 3.6% | — |
| 1964 | 3.8% | +4.5% |
| 1965 | 3.5% | -6.8% |
| 1966 | 3.2% | -8.5% |
| 1967 | 4.2% | +30.3% |
| 1968 | 3.2% | -24.1% |
| 1969 | 4.4% | +37.8% |
| 1970 | 5.9% | +34.3% |
| 1971 | 5.5% | -6.6% |
| 1972 | 5.2% | -5.9% |
| 1973 | 5.0% | -4.7% |
| 1974 | 6.5% | +31.0% |
| 1975 | 7.8% | +20.2% |
| 1976 | 6.2% | -21.1% |
| 1977 | 6.8% | +10.3% |
| 1978 | 6.9% | +1.8% |
| 1979 | 6.7% | -2.8% |
| 1980 | 5.3% | -21.8% |
| 1981 | 5.4% | +2.3% |
| 1982 | 5.9% | +10.1% |
| 1983 | 5.1% | -14.1% |
| 1984 | 5.2% | +2.9% |
| 1985 | 5.0% | -5.0% |
| 1986 | 4.8% | -3.9% |
| 1987 | 5.9% | +22.5% |
| 1988 | 6.5% | +11.4% |
| 1989 | 5.9% | -9.9% |
| 1990 | 5.8% | -1.6% |
| 1991 | 6.1% | +4.6% |
| 1992 | 5.1% | -15.7% |
| 1993 | 6.0% | +17.0% |
| 1994 | 5.5% | -7.9% |
| 1995 | 5.4% | -2.6% |
| 1996 | 4.9% | -9.2% |
| 1997 | 6.1% | +24.8% |
| 1998 | 4.8% | -21.6% |
| 1999 | 3.4% | -28.7% |
| 2000 | 4.0% | +18.9% |
| 2001 | 4.6% | +14.0% |
| 2002 | 4.7% | +1.7% |
| 2003 | 4.2% | -9.4% |
| 2004 | 5.0% | +19.1% |
| 2005 | 5.9% | +17.5% |
| 2006 | 5.7% | -3.9% |
| 2007 | 6.0% | +6.0% |
| 2008 | 5.0% | -17.5% |
| 2009 | 5.0% | +0.9% |
| 2010 | 6.2% | +22.7% |
| 2011 | 5.3% | -14.3% |
| 2012 | 5.3% | -0.1% |
| 2013 | 4.4% | -16.2% |
| 2014 | 4.6% | +3.2% |
| 2015 | 4.3% | -5.5% |
| 2016 | 4.4% | +1.4% |
| 2017 | 4.0% | -9.1% |
| 2018 | 3.7% | -6.6% |
| 2019 | 4.3% | +16.5% |
| 2020 | 3.5% | -20.0% |
| 2021 | 3.5% | +2.2% |
| 2022 | 3.7% | +4.2% |
| 2023 | 3.1% | -17.0% |
Colombia compared with similar countries
- Colombia's 3.1% is below the median for upper middle income countries, which is 6.8%, 45% of the median. (46 countries reporting)
- Colombia's 3.1% is below the median for Latin America & Caribbean, which is 4.0%, 76% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 3.2% | 4.4% | 7 |
| 1970s | 6.3% | 5.0% | 7.8% | 10 |
| 1980s | 5.5% | 4.8% | 6.5% | 10 |
| 1990s | 5.3% | 3.4% | 6.1% | 10 |
| 2000s | 5.0% | 4.0% | 6.0% | 10 |
| 2010s | 4.6% | 3.7% | 6.2% | 10 |
| 2020s | 3.4% | 3.1% | 3.7% | 4 |
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 machinery and transport equipment in Colombia?
- Machinery and transport equipment in Colombia was 3.1% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Colombia?
- The highest recorded value was 7.8% in 1975.
- What is the lowest machinery and transport equipment recorded in Colombia?
- The lowest recorded value was 3.1% in 2023.
- How does Colombia rank for machinery and transport equipment?
- Colombia ranks 100th out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Colombia?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).