Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia

Colombia: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 3.58 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.58 % change on previous year
Change on year
down 72.4%
World rank
121st
of 209 countries
All-time high
35.85 % change on previous year
in 1988
All-time low
0.6092 % change on previous year
in 2010
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia, 1971–2023

010203040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Colombia recorded 3.58 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.

That represents a change of down 72.4% on the previous year and up 70.4% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Colombia peaked at 35.85 % change on previous year in 1988 and was at its lowest, 0.6092 % change on previous year, in 2010.

That places Colombia 121st out of 209 countries with data for 2023, putting it in the middle of the range.

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

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Colombia, 1971 to 2023.
Year % change on previous year Change
1971 9.2 % change on previous year —
1972 15.72 % change on previous year +70.9%
1973 23.6 % change on previous year +50.1%
1974 25.88 % change on previous year +9.6%
1975 23.8 % change on previous year -8.0%
1976 31.47 % change on previous year +32.2%
1977 30.68 % change on previous year -2.5%
1978 12.2 % change on previous year -60.2%
1979 19.24 % change on previous year +57.7%
1980 35.81 % change on previous year +86.1%
1981 18.39 % change on previous year -48.6%
1982 27.13 % change on previous year +47.5%
1983 19.58 % change on previous year -27.8%
1984 25.56 % change on previous year +30.5%
1985 20.93 % change on previous year -18.1%
1986 35.63 % change on previous year +70.2%
1987 10.62 % change on previous year -70.2%
1988 35.85 % change on previous year +237.6%
1989 20.51 % change on previous year -42.8%
1990 22.55 % change on previous year +10.0%
1991 31.07 % change on previous year +37.8%
1992 16.57 % change on previous year -46.7%
1993 25.25 % change on previous year +52.4%
1994 20.19 % change on previous year -20.0%
1995 16.2 % change on previous year -19.7%
1996 18.62 % change on previous year +14.9%
1997 15.16 % change on previous year -18.6%
1998 17.96 % change on previous year +18.5%
1999 16.05 % change on previous year -10.6%
2000 9.33 % change on previous year -41.9%
2001 8.21 % change on previous year -12.0%
2002 6.77 % change on previous year -17.5%
2003 5.02 % change on previous year -25.9%
2004 8.62 % change on previous year +71.9%
2005 2.82 % change on previous year -67.3%
2006 5.16 % change on previous year +83.1%
2007 5.35 % change on previous year +3.6%
2008 5.46 % change on previous year +2.2%
2009 5.04 % change on previous year -7.8%
2010 0.6092 % change on previous year -87.9%
2011 1.98 % change on previous year +224.3%
2012 5.75 % change on previous year +191.0%
2013 2.1 % change on previous year -63.4%
2014 0.6113 % change on previous year -70.9%
2015 4.51 % change on previous year +638.6%
2016 3.13 % change on previous year -30.8%
2017 0.6953 % change on previous year -77.8%
2018 3.36 % change on previous year +383.9%
2019 3.9 % change on previous year +16.0%
2020 1.9 % change on previous year -51.4%
2021 9.77 % change on previous year +415.2%
2022 12.98 % change on previous year +32.8%
2023 3.58 % change on previous year -72.4%

Colombia compared with similar countries

  • Colombia's 3.58 % change on previous year is below the median for upper middle income countries, which is 3.77 % change on previous year, 95% of the median. (51 countries reporting)
  • Colombia's 3.58 % change on previous year is below the median for Latin America & Caribbean, which is 4.46 % change on previous year, 80% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +638.6% 0.6113 % change on previous year 4.51 % change on previous year
2021 +415.2% 1.9 % change on previous year 9.77 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.31 % change on previous year 9.2 % change on previous year 31.47 % change on previous year 9
1980s 25 % change on previous year 10.62 % change on previous year 35.85 % change on previous year 10
1990s 19.96 % change on previous year 15.16 % change on previous year 31.07 % change on previous year 10
2000s 6.18 % change on previous year 2.82 % change on previous year 9.33 % change on previous year 10
2010s 2.66 % change on previous year 0.6092 % change on previous year 5.75 % change on previous year 10
2020s 7.06 % change on previous year 1.9 % change on previous year 12.98 % change on previous year 4

Countries ranked near Colombia

  1. 118 Indonesia 3.77 % change on previous year compare
  2. 119 Nepal 3.74 % change on previous year compare
  3. 120 Bosnia and Herzegovina 3.73 % change on previous year compare
  4. 122 Iceland 3.52 % change on previous year compare
  5. 123 North Macedonia 3.51 % change on previous year compare
  6. 124 Canada 3.34 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Colombia?
Value added deflator (manufacturing) — value standard local currency in Colombia was 3.58 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value standard local currency recorded in Colombia?
The highest recorded value was 35.85 % change on previous year in 1988.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Colombia?
The lowest recorded value was 0.6092 % change on previous year in 2010.
How does Colombia rank for value added deflator (manufacturing) — value standard local currency?
Colombia ranks 121st out of 209 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Colombia?
Over the last ten years it is up 70.4%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/colombia/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/colombia/">Value Added Deflator (Manufacturing) — Value Standard Local Currency in Colombia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,313 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.