NAAG Chapter 3A: Components of aggregate demand — Final consumption in Colombia

Colombia: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 1.21 Percentage points in 2024. ◆ Volatile

Latest (2024)
1.21 Percentage points
Change on year
up 218.7%
World rank
17th
of 34 countries
All-time high
10.41 Percentage points
in 2021
All-time low
-3.44 Percentage points
in 2020
Years of data
29
1996–2024

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Colombia, 1996–2024

-505101996201020241996: 3.4 Percentage points1997: 3.5 Percentage points1998: -0.194 Percentage points1999: -2.7 Percentage points2000: 0.641 Percentage points2001: 1.2 Percentage points2002: 1.1 Percentage points2003: 2 Percentage points2004: 3.1 Percentage points2005: 3 Percentage points2006: 4.3 Percentage points2007: 4.4 Percentage points2008: 2.8 Percentage points2009: 1.1 Percentage points2010: 3.4 Percentage points2011: 3.6 Percentage points2012: 3.6 Percentage points2013: 3 Percentage points2014: 2.8 Percentage points2015: 2 Percentage points2016: 1.1 Percentage points2017: 1.4 Percentage points2018: 2.2 Percentage points2019: 2.8 Percentage points2020: -3.4 Percentage points2021: 10.4 Percentage points2022: 7.8 Percentage points2023: 0.378 Percentage points2024: 1.2 Percentage points

Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.

Analysis

The most recent figure for naag chapter 3a: components of aggregate demand — final consumption in Colombia is 1.21 Percentage points, measured in 2024.

That represents a change of up 218.7% on the previous year and down 56.7% over ten years.

Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Colombia peaked at 10.41 Percentage points in 2021 and was at its lowest, -3.44 Percentage points, in 2020.

That places Colombia 17th out of 34 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

NAAG Chapter 3A: Components of aggregate demand — Final consumption in Colombia, year by year

Annual values for NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth in Colombia, 1996 to 2024.
Year Percentage points Change
1996 3.4 Percentage points
1997 3.51 Percentage points +3.1%
1998 -0.1941 Percentage points -105.5%
1999 -2.73 Percentage points +1304.4%
2000 0.6413 Percentage points -123.5%
2001 1.19 Percentage points +86.1%
2002 1.1 Percentage points -8.2%
2003 1.99 Percentage points +81.7%
2004 3.09 Percentage points +55.0%
2005 2.95 Percentage points -4.3%
2006 4.32 Percentage points +46.3%
2007 4.41 Percentage points +2.1%
2008 2.76 Percentage points -37.5%
2009 1.13 Percentage points -59.1%
2010 3.36 Percentage points +197.7%
2011 3.63 Percentage points +7.9%
2012 3.64 Percentage points +0.3%
2013 3.04 Percentage points -16.5%
2014 2.78 Percentage points -8.3%
2015 2.04 Percentage points -26.7%
2016 1.08 Percentage points -46.8%
2017 1.42 Percentage points +30.8%
2018 2.22 Percentage points +56.3%
2019 2.77 Percentage points +25.0%
2020 -3.44 Percentage points -224.0%
2021 10.41 Percentage points -402.9%
2022 7.84 Percentage points -24.7%
2023 0.3783 Percentage points -95.2%
2024 1.21 Percentage points +218.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9963 Percentage points -2.73 Percentage points 3.51 Percentage points 4
2000s 2.36 Percentage points 0.6413 Percentage points 4.41 Percentage points 10
2010s 2.6 Percentage points 1.08 Percentage points 3.64 Percentage points 10
2020s 3.28 Percentage points -3.44 Percentage points 10.41 Percentage points 5

Countries ranked near Colombia

  1. 14 Greece 1.35 Percentage points compare
  2. 15 Canada 1.29 Percentage points compare
  3. 16 Israel 1.25 Percentage points compare
  4. 18 OECD 1.19 Percentage points compare
  5. 19 Denmark 0.92 Percentage points compare
  6. 20 Belgium 0.8885 Percentage points compare

See the full ranking of 45 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is naag chapter 3a: components of aggregate demand — final consumption in Colombia?
Naag chapter 3a: components of aggregate demand — final consumption in Colombia was 1.21 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in Colombia?
The highest recorded value was 10.41 Percentage points in 2021.
What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Colombia?
The lowest recorded value was -3.44 Percentage points in 2020.
How does Colombia rank for naag chapter 3a: components of aggregate demand — final consumption?
Colombia ranks 17th out of 34 countries with data for 2024.
Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in Colombia?
Over the last ten years it is down 56.7%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth. Statizoid updates them automatically from the source API.

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NAAG Chapter 3A: Components of aggregate demand — Final consumption in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-final-consumption-expenditure-of/colombia/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,786 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.