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Colombia

Upper middle income · Population 52,886,363.00 · GDP 418,818,154,879.27
HistorySaid – pattern

Colombia matched the Stagflation Risk pattern in 2023. 21 pattern matches detected historically. View →

HistorySaid – ranking

Colombia ranks 153rd globally by GDP ($418.8B in 2024). View →

HistorySaid – inflation

Inflation in Colombia fell from 11.7% (2023) to 6.6% (2024) – a 5.1pp shift. View →

HistorySaid – population

Colombia has a population of 52.9 million as of 2024 (growth: 1.08%). View →

Economy & Growth
GDP $418.8B GDP per Capita $7,919 GDP Growth 1.60%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Agriculture Value Added 8.83% 8.81% 9.28% 9.82% Trend 10.27% Trend 10.73% Trend
GDP $345.6B $366.3B $418.8B $438.1B IMF WEO Oct 2025 $462.3B IMF WEO Oct 2025 $482.2B IMF WEO Oct 2025 $504.4B IMF WEO Oct 2025 $528.5B IMF WEO Oct 2025 $552.7B IMF WEO Oct 2025
GDP Deflator 14.93% 6.95% 6.00% 9.89% Trend 10.70% Trend 11.52% Trend
GDP Growth 7.33% 0.71% 1.60% 2.52% IMF WEO Oct 2025 2.27% IMF WEO Oct 2025 2.50% IMF WEO Oct 2025 2.70% IMF WEO Oct 2025 2.86% IMF WEO Oct 2025 2.76% IMF WEO Oct 2025
GDP PPP $1.08T $1.11T $1.18T $1.19T IMF WEO Oct 2025 $1.24T IMF WEO Oct 2025 $1.29T IMF WEO Oct 2025 $1.35T IMF WEO Oct 2025 $1.41T IMF WEO Oct 2025 $1.48T IMF WEO Oct 2025
GDP per Capita $6,680 $7,001 $7,919 $8,249 IMF WEO Oct 2025 $8,644 IMF WEO Oct 2025 $8,961 IMF WEO Oct 2025 $9,319 IMF WEO Oct 2025 $9,712 IMF WEO Oct 2025 $10,104 IMF WEO Oct 2025
GDP per Capita PPP $20,854 $21,246 $22,349 $22,396 IMF WEO Oct 2025 $23,158 IMF WEO Oct 2025 $23,985 IMF WEO Oct 2025 $24,889 IMF WEO Oct 2025 $25,907 IMF WEO Oct 2025 $26,978 IMF WEO Oct 2025
GNI $333.7B $356.9B $410.2B $434.6B Trend $467.2B Trend $499.8B Trend
GNI per Capita $6,560 $6,720 $7,040 $7,333 Trend $7,612 Trend $7,891 Trend
Gross Savings 12.38% 12.67% 13.64% 14.77% IMF WEO Oct 2025 14.82% IMF WEO Oct 2025 15.01% IMF WEO Oct 2025 15.21% IMF WEO Oct 2025 15.49% IMF WEO Oct 2025 15.71% IMF WEO Oct 2025
Industry Value Added 26.12% 24.69% 23.06% 24.19% Trend 24.13% Trend 24.06% Trend
Services Value Added 54.91% 56.74% 58.14% 56.00% Trend 55.46% Trend 54.92% Trend
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 6.61% Consumer Price Index 196.29 PPP Conversion Factor 1,443.72
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Consumer Price Index 164.78 184.12 196.29 209.29 Trend 223.10 Trend 236.91 Trend
Inflation Rate 10.18% 11.74% 6.61% 4.91% IMF WEO Oct 2025 3.47% IMF WEO Oct 2025 3.04% IMF WEO Oct 2025 3.03% IMF WEO Oct 2025 3.01% IMF WEO Oct 2025 2.99% IMF WEO Oct 2025
PPP Conversion Factor 1,363.44 1,425.43 1,443.72 1,498.05 Trend 1,541.16 Trend 1,584.26 Trend
Italic values are IMF World Economic Outlook projections.
Population
Population 52.9M Population Growth 1.07% Population Density 47.2
Indicator 2023 2024 2025 2025 2026 2027 2028
Birth Rate 13.5 13.2 Trend 13.0 Trend
Death Rate 5.4 5.9 Trend 5.9 Trend
Dependency Ratio 42.80 42.96 42.79 Trend 42.75 Trend 42.71 Trend
Fertility Rate 1.65 1.61 Trend 1.60 Trend
Life Expectancy 77.7 77.1 Trend 77.5 Trend
Net Migration 154,521 141,643 129,139 107,091 Trend 88,951 Trend 70,811 Trend
Population 52.3M 52.9M 53.4M Trend 54.0M Trend 54.6M Trend
Population Density 47.2 48.2 Trend 48.8 Trend
Population Growth 1.12% 1.07% 0.95% Trend 0.88% Trend 0.81% Trend
Refugee Population
Urban Population 78.28% 78.52% 78.73% Trend 78.95% Trend 79.17% Trend
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 8.29% Youth Unemployment 17.65% Labor Force Participation 63.40%
Indicator 2023 2024 2025 2025 2026 2027 2028 2029 2030
Agriculture Employment 14.40% 14.25% 14.16% 13.82% Trend 13.59% Trend 13.36% Trend
Female Labor Participation 51.83% 51.72% 51.62% 51.76% Trend 51.83% Trend 51.90% Trend
Industry Employment 19.99% 20.02% 20.00% 19.97% Trend 19.94% Trend 19.91% Trend
Labor Force Participation 63.74% 63.53% 63.40% 63.18% Trend 63.03% Trend 62.88% Trend
Services Employment 65.61% 65.72% 65.84% 66.20% Trend 66.47% Trend 66.73% Trend
Unemployment Rate 9.59% 9.62% 8.29% 10.00% IMF WEO Oct 2025 9.80% IMF WEO Oct 2025 9.60% IMF WEO Oct 2025 9.50% IMF WEO Oct 2025 9.40% IMF WEO Oct 2025 9.40% IMF WEO Oct 2025
Youth Unemployment 19.37% 19.41% 17.65% 15.70% Trend 14.12% Trend 12.55% Trend
Italic values are IMF World Economic Outlook projections.
Government
Tax Revenue 15.28% Government Spending 33.34% Military Spending 3.36%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Budget Deficit -6.34% -2.92% -6.25% -6.91% IMF WEO Oct 2025 -5.72% IMF WEO Oct 2025 -4.06% IMF WEO Oct 2025 -2.72% IMF WEO Oct 2025 -2.33% IMF WEO Oct 2025 -2.17% IMF WEO Oct 2025
Education Spending
Government Debt to GDP 61.30% 55.46% 61.24% 58.87% IMF WEO Oct 2025 61.92% IMF WEO Oct 2025 63.04% IMF WEO Oct 2025 62.65% IMF WEO Oct 2025 61.79% IMF WEO Oct 2025 60.87% IMF WEO Oct 2025
Government Revenue 27.75% 32.20% 28.40% 27.55% IMF WEO Oct 2025 27.95% IMF WEO Oct 2025 28.53% IMF WEO Oct 2025 29.02% IMF WEO Oct 2025 29.27% IMF WEO Oct 2025 29.47% IMF WEO Oct 2025
Government Spending 32.39% 33.34% 33.81% Trend 33.80% Trend
Health Spending 7.59% 8.16% 8.14% 7.72% Trend 7.51% Trend 7.30% Trend
Military Spending 2.80% 2.97% 3.36% 3.00% Trend 2.94% Trend 2.88% Trend
Tax Revenue 15.26% 17.56% 15.28% 17.00% Trend 17.55% Trend 18.11% Trend
Italic values are IMF World Economic Outlook projections.
Debt
External Debt $201.8B External Debt to GNI 49.20% Short-term Debt 9.44%
Indicator 2022 2023 2024 2025 2026 2027
Debt Service 33.80% 36.72% 43.00% 34.75% Trend 32.40% Trend 30.06% Trend
Domestic Credit
External Debt $184.5B $196.2B $201.8B $216.8B Trend $228.4B Trend $240.0B Trend
External Debt to GNI 55.29% 54.97% 49.20% 49.17% Trend 47.41% Trend 45.65% Trend
Interest Payments to Revenue 15.47% 13.82% 13.90% 15.08% Trend 15.57% Trend 16.06% Trend
Short-term Debt 10.50% 9.43% 9.44% 9.88% Trend 10.01% Trend 10.13% Trend
Italic values are IMF World Economic Outlook projections.
Money
Lending Rate 16.37% Deposit Rate 10.17% Real Interest Rate 9.79%
Indicator 2022 2023 2024 2025 2026 2027
Credit to GDP 44.19% 41.66% 39.53% 35.70% Trend 32.58% Trend 29.46% Trend
Deposit Rate 8.50% 13.21% 10.17% 14.89% Trend 17.36% Trend 19.83% Trend
Lending Rate 15.81% 21.03% 16.37% 21.90% Trend 24.38% Trend 26.85% Trend
M2 Money Supply Growth 10.41% 6.08% 6.87% Trend 6.09% Trend
Non-Performing Loans 2.47% 3.47% 2.94% Trend 2.88% Trend
Real Interest Rate 0.77% 13.16% 9.79% 11.13% Trend 12.61% Trend 14.09% Trend
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 4,074.43 Real Effective Exchange Rate 121.75 Foreign Reserves $61.9B
Indicator 2024 2025 2026 2025 2026 2027 2028 2029
Exchange Rate 4,074.43 4,422.03 Trend 4,556.43 Trend 4,690.83 Trend
Foreign Reserves $61.9B $61.2B Trend $62.0B Trend $62.7B Trend
Real Effective Exchange Rate 74.58 112.53 121.75 136.80 Trend 153.18 Trend 169.56 Trend
Reserves in Months of Imports 7.3 5.2 Trend 4.3 Trend 3.4 Trend
Italic values are IMF World Economic Outlook projections.
Trade
Exports $69.2B Imports $78.7B Trade Balance $-20.2B
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Current Account Balance -6.03% -2.26% -1.64% -2.30% IMF WEO Oct 2025 -2.57% IMF WEO Oct 2025 -2.82% IMF WEO Oct 2025 -3.04% IMF WEO Oct 2025 -3.34% IMF WEO Oct 2025 -3.60% IMF WEO Oct 2025
Exports $73.5B $68.7B $69.2B $84.0B Trend $92.0B Trend $99.9B Trend
FDI Inflows 4.97% 4.58% 3.27% 4.50% Trend 4.76% Trend 5.02% Trend
FDI Outflows 0.98% 0.35% 1.08% 0.87% Trend 0.90% Trend 0.92% Trend
Imports $89.6B $76.4B $78.7B $91.5B Trend $97.5B Trend $103.6B Trend
Remittances Received $9.5B $10.1B $11.9B $12.8B Trend $14.0B Trend $15.1B Trend
Tourism Receipts
Trade Balance $-25.9B $-17.3B $-20.2B $-20.0B Trend $-19.5B Trend $-19.1B Trend
Trade Openness 48.28% 40.39% 37.03% 41.84% Trend 42.47% Trend 43.10% Trend
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 17.34% Stock Turnover Ratio 6.79% Listed Companies 60
Indicator 2022 2023 2024 2025 2026 2027
Interest Rate Spread 7.31% 7.82% 6.20% 7.02% Trend 7.02% Trend 7.02% Trend
Listed Companies 63 62 60 59 Trend 58 Trend 57 Trend
Market Capitalization 19.79% 21.62% 17.34% 10.07% Trend 5.00% Trend -0.08% Trend
Stock Turnover Ratio 9.50% 5.14% 6.79% 5.35% Trend 4.55% Trend 3.75% Trend
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability -0.72 Government Effectiveness -0.08 Regulatory Quality 0.10
Indicator 2021 2022 2023 2025 2026
Control of Corruption -0.37 -0.36 -0.31 -0.38 Trend -0.40 Trend
Government Effectiveness -0.05 0.01 -0.08 -0.10 Trend -0.12 Trend
Political Stability -0.95 -0.63 -0.72 -0.56 Trend -0.50 Trend
Regulatory Quality 0.20 0.14 0.10 -0.01 Trend -0.06 Trend
Rule of Law -0.47 -0.43 -0.46 -0.48 Trend -0.48 Trend
Voice and Accountability 0.09 0.17 0.21 0.17 Trend 0.18 Trend
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $644 Infant Mortality Rate 10.9 Maternal Mortality Ratio 59.00
Indicator 2022 2023 2024 2025 2026 2027
Health Expenditure per Capita $507 $571 $644 $660 Trend $696 Trend $732 Trend
Hospital Beds
Infant Mortality Rate 11.3 10.9 10.2 Trend 9.8 Trend
Maternal Mortality Ratio 74.00 59.00 74.40 Trend 71.00 Trend
Physicians 2.54 2.68 Trend 2.74 Trend
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 95.34% Tertiary Enrollment 59.29% Education Spending 5.26%
Indicator 2022 2023 2024 2025 2026 2027
Education Spending
Literacy Rate 95.31% 95.46% 95.34% 95.24% Trend 95.16% Trend 95.08% Trend
Primary Enrollment 104.83% 99.59% Trend
Tertiary Enrollment 59.29% 60.26% Trend
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 29.70%
Indicator 2021 2022 2023 2025 2026
CO2 Emissions
CO2 per Capita
Electricity Access 100.00% 100.00% 98.70% 99.12% Trend 99.01% Trend
Energy Use per Capita 873 851 863 852 Trend 851 Trend
Forest Area 53.13% 52.95% 52.77% 52.41% Trend 52.23% Trend
Renewable Energy 29.70%
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 77.34% Mobile Subscriptions 166.98 R&D Spending 0.29%
Indicator 2022 2023 2024 2025 2026 2027
High-tech Exports 8.40% 8.60% 9.02% 8.41% Trend 8.28% Trend 8.14% Trend
Internet Users 72.80% 77.34% 82.66% Trend 85.42% Trend
Mobile Subscriptions 156.20 166.98 183.60 Trend 192.69 Trend
Patent Applications
R&D Spending
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 53.9 Poverty Rate 7.70% Income Share Top 10% 42.70%
Indicator 2021 2022 2023 2025 2026
Gini Index 55.1 54.8 53.9 56.3 Trend 57.0 Trend
Income Share Bottom 10% 1.00% 1.00% 1.10% 1.00% Trend 0.99% Trend
Income Share Top 10% 43.70% 43.50% 42.70% 45.00% Trend 45.65% Trend
Poverty Rate 11.20% 9.30% 7.70% 7.54% Trend 6.90% Trend
Italic values are IMF World Economic Outlook projections.