Colombia GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Colombia's gdp deflator was 9.89% in 2025, ranked 45th globally. This represents a 64.8% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Colombia's gdp deflator stood at 9.89% in 2025, a rise of +3.89pp from 2024. Based on recent trends, this figure is projected to reach 9.89% by 2025. Colombia ranked 45th globally.
Colombia's GDP deflator has exhibited significant fluctuations over the past 65 years, with the indicator reaching an all-time peak of 52.34% in 1990, during a period marked by high inflation rates and economic instability. Conversely, the economy experienced a trough of 1.48% in 2020, amidst a global pandemic that severely impacted growth. Currently, Colombia's GDP deflator stands at 9.89%, ranking 45th globally. Comparatively, peer countries such as Nicaragua, with a GDP deflator of 10.05%, and Estonia, with a GDP deflator of 10.15%, exhibit slightly higher inflation rates. Notably, Colombia's GDP deflator has trended downwards since the 1990s, indicating a reduction in inflationary pressures. A potential shift in the trajectory could be driven by changes in monetary policy, such as interest rate adjustments, or significant improvements in economic productivity, which may contribute to sustained growth and lower inflation.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.52% | - | - |
| 2026* trend | 10.70% | - | - |
| 2025* trend | 9.89% | - | - |
| 2025 | 9.89% | +3.89pp | #45 |
| 2024 | 6.00% | −0.95pp | #138 |
| 2023 | 6.95% | −7.97pp | #140 |
| 2022 | 14.93% | +7.12pp | #168 |
| 2021 | 7.80% | +6.32pp | #146 |
| 2020 | 1.48% | −2.52pp | #89 |
| 2019 | 4.00% | −0.63pp | #155 |
| 2018 | 4.63% | −0.50pp | #150 |
| 2017 | 5.13% | −0.01pp | #151 |
| 2016 | 5.15% | +2.70pp | #164 |
| 2015 | 2.45% | +0.21pp | #110 |
| 2014 | 2.24% | +0.33pp | #113 |
| 2013 | 1.91% | −1.71pp | #95 |
| 2012 | 3.62% | −2.77pp | #105 |
| 2011 | 6.39% | +2.58pp | #120 |
Detected Pattern
Analysis
Colombia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Colombia's gdp deflator was 9.89% in 2025. Ranked 45th globally. This represents a 64.8% increase from the previous year.
Colombia's gdp deflator peaked at 52.34% in 1990.
The lowest gdp deflator in Colombia was 1.48% in 2020.
Colombia ranks 45th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Colombia's gdp deflator is projected to reach 9.89% by 2025 based on trend extrapolation.
The gdp deflator of Colombia in 2025 was 9.89%. This ranks 45th in the world.
Cite this page
@misc{historysaid_colombia_gdp-deflator,
title = {Colombia GDP Deflator},
url = {https://historysaid.com/colombia/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}