Merchandise trade as a proportion of GDP (%) in Colombia
Colombia: Merchandise trade as a proportion of GDP (%) was 27.1% in 2024. ▲ Rising
Latest (2024)
27.1%
Change on year
down 11.5%
World rank
198th
of 220 countries
All-time high
38.9%
in 2022
All-time low
24.6%
in 2000
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Colombia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Colombia stood at 27.1%.
That represents a change of down 11.5% on the previous year and down 13.0% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Colombia peaked at 38.9% in 2022 and was at its lowest, 24.6%, in 2000.
Colombia ranks 198th of 220 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 24.6% | — |
| 2001 | 25.6% | +3.9% |
| 2002 | 25.1% | -1.7% |
| 2003 | 28.5% | +13.4% |
| 2004 | 28.2% | -1.2% |
| 2005 | 29.1% | +3.4% |
| 2006 | 31.2% | +7.3% |
| 2007 | 30.5% | -2.4% |
| 2008 | 31.9% | +4.5% |
| 2009 | 28.3% | -11.3% |
| 2010 | 28.0% | -1.0% |
| 2011 | 33.2% | +18.5% |
| 2012 | 32.1% | -3.1% |
| 2013 | 30.9% | -3.8% |
| 2014 | 31.2% | +0.8% |
| 2015 | 30.6% | -1.9% |
| 2016 | 27.1% | -11.3% |
| 2017 | 26.6% | -1.9% |
| 2018 | 27.8% | +4.6% |
| 2019 | 28.5% | +2.6% |
| 2020 | 27.6% | -3.4% |
| 2021 | 31.8% | +15.5% |
| 2022 | 38.9% | +22.2% |
| 2023 | 30.7% | -21.1% |
| 2024 | 27.1% | -11.5% |
Colombia compared with similar countries
- Colombia's 27.1% is below the median for upper middle income countries, which is 56.9%, 48% of the median. (55 countries reporting)
- Colombia's 27.1% is below the median for Latin America & Caribbean, which is 43.3%, 63% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.3% | 24.6% | 31.9% | 10 |
| 2010s | 29.6% | 26.6% | 33.2% | 10 |
| 2020s | 31.2% | 27.1% | 38.9% | 5 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Real gdp growth, annual growth rate 76.96 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Colombia?
- Merchandise trade as a proportion of gdp in Colombia was 27.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Colombia?
- The highest recorded value was 38.9% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Colombia?
- The lowest recorded value was 24.6% in 2000.
- How does Colombia rank for merchandise trade as a proportion of gdp?
- Colombia ranks 198th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Colombia?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).