Trade in services in Colombia
Colombia: Trade in services was 8.6% in 2025. ▬ Flat
Trade in services in Colombia, 1968–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Colombia is 8.6%, measured in 2025.
That represents a change of down 1.5% on the previous year and up 12.3% over ten years.
Over the whole period, trade in services in Colombia peaked at 9.2% in 2022 and was at its lowest, 4.9%, in 1995.
Colombia ranks 173rd of 200 countries on this measure, in the bottom quarter.
Trade in services in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1968 | 6.7% | — |
| 1969 | 7.1% | +6.2% |
| 1970 | 7.3% | +2.2% |
| 1971 | 7.7% | +4.9% |
| 1972 | 7.0% | -8.4% |
| 1973 | 7.0% | -0.5% |
| 1974 | 7.5% | +7.7% |
| 1975 | 7.9% | +4.3% |
| 1976 | 7.9% | +0.9% |
| 1977 | 7.7% | -2.5% |
| 1978 | 7.0% | -8.9% |
| 1979 | 7.3% | +4.1% |
| 1980 | 7.5% | +2.7% |
| 1981 | 6.7% | -10.7% |
| 1982 | 6.9% | +2.5% |
| 1983 | 5.5% | -19.5% |
| 1984 | 5.8% | +5.0% |
| 1985 | 6.5% | +12.4% |
| 1986 | 8.0% | +22.2% |
| 1987 | 7.9% | -1.1% |
| 1988 | 7.8% | -0.7% |
| 1989 | 7.2% | -8.0% |
| 1990 | 7.0% | -3.1% |
| 1991 | 6.9% | -1.1% |
| 1992 | 6.9% | -0.8% |
| 1993 | 7.3% | +6.1% |
| 1994 | 5.1% | -30.2% |
| 1995 | 4.9% | -3.6% |
| 1996 | 5.7% | +16.5% |
| 1997 | 5.5% | -4.6% |
| 1998 | 5.4% | -0.6% |
| 1999 | 5.9% | +8.2% |
| 2000 | 5.5% | -6.2% |
| 2001 | 6.1% | +11.1% |
| 2002 | 5.6% | -9.3% |
| 2003 | 5.8% | +4.6% |
| 2004 | 5.7% | -1.2% |
| 2005 | 5.6% | -1.6% |
| 2006 | 6.0% | +6.2% |
| 2007 | 5.8% | -2.7% |
| 2008 | 5.9% | +0.4% |
| 2009 | 6.1% | +3.6% |
| 2010 | 5.8% | -4.2% |
| 2011 | 5.6% | -4.1% |
| 2012 | 5.8% | +4.2% |
| 2013 | 6.0% | +3.7% |
| 2014 | 6.5% | +7.8% |
| 2015 | 7.6% | +17.5% |
| 2016 | 7.7% | +0.5% |
| 2017 | 7.6% | -1.6% |
| 2018 | 7.7% | +1.5% |
| 2019 | 7.9% | +3.4% |
| 2020 | 5.9% | -25.1% |
| 2021 | 7.0% | +18.2% |
| 2022 | 9.2% | +31.5% |
| 2023 | 9.0% | -2.6% |
| 2024 | 8.7% | -3.3% |
| 2025 | 8.6% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.9% | 6.7% | 7.1% | 2 |
| 1970s | 7.4% | 7.0% | 7.9% | 10 |
| 1980s | 7.0% | 5.5% | 8.0% | 10 |
| 1990s | 6.1% | 4.9% | 7.3% | 10 |
| 2000s | 5.8% | 5.5% | 6.1% | 10 |
| 2010s | 6.8% | 5.6% | 7.9% | 10 |
| 2020s | 8.1% | 5.9% | 9.2% | 6 |
Countries ranked near Colombia
- 170 Kazakhstan 8.8% compare
- 171 Ethiopia 8.8% compare
- 172 Mali 8.6% compare
- 174 Nigeria 8.5% compare
- 175 Sierra Leone 8.1% compare
- 176 Papua New Guinea 8.0% 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)
- Gross capital formation (current US$), annual growth rate 10.4 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1672 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,431 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.83 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 677.65 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5.80 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 2.09 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1387 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Colombia?
- Trade in services in Colombia was 8.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Colombia?
- The highest recorded value was 9.2% in 2022.
- What is the lowest trade in services recorded in Colombia?
- The lowest recorded value was 4.9% in 1995.
- How does Colombia rank for trade in services?
- Colombia ranks 173rd out of 200 countries with data for 2025.
- Is trade in services rising or falling in Colombia?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.