Value of imported goods as a share of GDP in Colombia
Colombia: Value of imported goods as a share of GDP was 14.9% in 2024. ▲ Rising
Latest (2024)
14.9%
Change on year
down 10.9%
World rank
174th
of 201 countries
All-time high
22.0%
in 2022
All-time low
6.8%
in 1965
Years of data
65
1960–2024
Value of imported goods as a share of GDP in Colombia, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Colombia recorded 14.9% for value of imported goods as a share of gdp in 2024.
That represents a change of down 10.9% on the previous year and down 8.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Colombia peaked at 22.0% in 2022 and was at its lowest, 6.8%, in 1965.
Colombia ranks 174th of 201 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 11.1% | — |
| 1961 | 10.2% | -7.6% |
| 1962 | 9.5% | -7.4% |
| 1963 | 9.1% | -3.9% |
| 1964 | 8.5% | -6.1% |
| 1965 | 6.8% | -19.9% |
| 1966 | 10.9% | +58.7% |
| 1967 | 7.5% | -30.6% |
| 1968 | 9.7% | +29.1% |
| 1969 | 9.5% | -2.0% |
| 1970 | 10.6% | +10.9% |
| 1971 | 10.5% | -0.2% |
| 1972 | 8.9% | -16.0% |
| 1973 | 9.3% | +4.4% |
| 1974 | 11.6% | +25.8% |
| 1975 | 10.3% | -11.3% |
| 1976 | 9.9% | -4.0% |
| 1977 | 9.5% | -4.5% |
| 1978 | 11.2% | +18.7% |
| 1979 | 10.8% | -4.2% |
| 1980 | 12.9% | +19.6% |
| 1981 | 13.3% | +3.1% |
| 1982 | 13.1% | -1.2% |
| 1983 | 12.1% | -7.6% |
| 1984 | 11.0% | -9.4% |
| 1985 | 10.9% | -0.7% |
| 1986 | 10.4% | -4.8% |
| 1987 | 10.5% | +1.3% |
| 1988 | 11.9% | +12.8% |
| 1989 | 11.5% | -2.9% |
| 1990 | 11.4% | -0.9% |
| 1991 | 10.0% | -12.9% |
| 1992 | 11.2% | +12.2% |
| 1993 | 14.5% | +30.2% |
| 1994 | 14.4% | -1.2% |
| 1995 | 14.8% | +2.8% |
| 1996 | 14.5% | -1.8% |
| 1997 | 14.2% | -2.2% |
| 1998 | 14.5% | +2.4% |
| 1999 | 12.3% | -15.7% |
| 2000 | 11.3% | -7.6% |
| 2001 | 12.8% | +12.7% |
| 2002 | 12.0% | -6.3% |
| 2003 | 13.6% | +14.2% |
| 2004 | 13.4% | -2.0% |
| 2005 | 14.0% | +4.5% |
| 2006 | 15.2% | +8.9% |
| 2007 | 15.2% | -0.2% |
| 2008 | 15.8% | +3.8% |
| 2009 | 13.7% | -13.0% |
| 2010 | 13.7% | +0.3% |
| 2011 | 15.8% | +14.8% |
| 2012 | 15.3% | -3.0% |
| 2013 | 15.1% | -1.1% |
| 2014 | 16.3% | +7.9% |
| 2015 | 17.9% | +9.3% |
| 2016 | 15.2% | -14.7% |
| 2017 | 14.2% | -6.9% |
| 2018 | 14.9% | +5.3% |
| 2019 | 15.9% | +6.8% |
| 2020 | 15.8% | -0.8% |
| 2021 | 18.8% | +19.0% |
| 2022 | 22.0% | +16.6% |
| 2023 | 16.8% | -23.6% |
| 2024 | 14.9% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.3% | 6.8% | 11.1% | 10 |
| 1970s | 10.3% | 8.9% | 11.6% | 10 |
| 1980s | 11.8% | 10.4% | 13.3% | 10 |
| 1990s | 13.2% | 10.0% | 14.8% | 10 |
| 2000s | 13.7% | 11.3% | 15.8% | 10 |
| 2010s | 15.4% | 13.7% | 17.9% | 10 |
| 2020s | 17.7% | 14.9% | 22.0% | 5 |
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 value of imported goods as a share of gdp in Colombia?
- Value of imported goods as a share of gdp in Colombia was 14.9% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Colombia?
- The highest recorded value was 22.0% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Colombia?
- The lowest recorded value was 6.8% in 1965.
- How does Colombia rank for value of imported goods as a share of gdp?
- Colombia ranks 174th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Colombia?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).