Colombia |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015. DANE (Colombia Institute of Statistics) has done a rebasing of the national accounts (now base year is 2015 and before 2005). Data with the new base is ONLY AVAILABLE FROM 2005. The change also includes methodological changes (for example, direct estimation of private consumption based on a survey) and most important, change in the index formulae (historically a Laspeyres fixed-base index and now a Laspeyres chain index). The main implications are that the 2005 and 2015 series are not comparable and the chain index is associated with non-additivity of the components.
Chain-weighted: Yes, from 2005
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
882,029.000 |
822,088.000 |
884,633.418 |
918,549.142 |
948,455.924 |
980,798.271 |
1,014,586.772 |
1,050,097.309 |
2020 |
Colombia |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
3.281 |
-6.796 |
7.608 |
3.834 |
3.256 |
3.410 |
3.445 |
3.500 |
2020 |
Colombia |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015. DANE (Colombia Institute of Statistics) has done a rebasing of the national accounts (now base year is 2015 and before 2005). Data with the new base is ONLY AVAILABLE FROM 2005. The change also includes methodological changes (for example, direct estimation of private consumption based on a survey) and most important, change in the index formulae (historically a Laspeyres fixed-base index and now a Laspeyres chain index). The main implications are that the 2005 and 2015 series are not comparable and the chain index is associated with non-additivity of the components.
Chain-weighted: Yes, from 2005
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
1,061,119.000 |
1,002,923.000 |
1,114,236.092 |
1,192,226.795 |
1,267,344.499 |
1,350,476.308 |
1,439,548.317 |
1,534,549.476 |
2020 |
Colombia |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
323.375 |
271.554 |
300.791 |
319.290 |
336.247 |
354.264 |
373.374 |
393.684 |
2020 |
Colombia |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
772.904 |
729.060 |
812.799 |
867.190 |
916.731 |
969.599 |
1,024.790 |
1,082.636 |
2020 |
Colombia |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
120.304 |
121.997 |
125.955 |
129.795 |
133.622 |
137.692 |
141.885 |
146.134 |
2020 |
Colombia |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
17,856,400.311 |
16,320,199.322 |
17,328,934.717 |
17,798,072.162 |
18,184,893.497 |
18,613,996.338 |
19,065,233.858 |
19,543,087.885 |
2020 |
Colombia |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
15,013.554 |
13,721.926 |
14,570.065 |
14,964.512 |
15,289.750 |
15,650.537 |
16,029.934 |
16,431.711 |
2020 |
Colombia |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
21,482,021.160 |
19,910,159.575 |
21,826,582.747 |
23,100,929.010 |
24,298,993.921 |
25,629,899.427 |
27,050,742.314 |
28,559,101.163 |
2020 |
Colombia |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
6,546.626 |
5,390.921 |
5,892.140 |
6,186.660 |
6,446.913 |
6,723.377 |
7,016.116 |
7,326.743 |
2020 |
Colombia |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
15,647.201 |
14,473.399 |
15,921.787 |
16,802.921 |
17,576.622 |
18,401.447 |
19,256.955 |
20,148.659 |
2020 |
Colombia |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.573 |
0.552 |
0.562 |
0.556 |
0.555 |
0.555 |
0.556 |
0.557 |
2020 |
Colombia |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
1,372.899 |
1,375.638 |
1,370.863 |
1,374.816 |
1,382.461 |
1,392.820 |
1,404.726 |
1,417.419 |
2020 |
Colombia |
Total investment |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015. DANE (Colombia Institute of Statistics) has done a rebasing of the national accounts (now base year is 2015 and before 2005). Data with the new base is ONLY AVAILABLE FROM 2005. The change also includes methodological changes (for example, direct estimation of private consumption based on a survey) and most important, change in the index formulae (historically a Laspeyres fixed-base index and now a Laspeyres chain index). The main implications are that the 2005 and 2015 series are not comparable and the chain index is associated with non-additivity of the components.
Chain-weighted: Yes, from 2005
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
21.509 |
19.011 |
19.433 |
20.392 |
20.088 |
20.566 |
20.729 |
20.994 |
2020 |
Colombia |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015. DANE (Colombia Institute of Statistics) has done a rebasing of the national accounts (now base year is 2015 and before 2005). Data with the new base is ONLY AVAILABLE FROM 2005. The change also includes methodological changes (for example, direct estimation of private consumption based on a survey) and most important, change in the index formulae (historically a Laspeyres fixed-base index and now a Laspeyres chain index). The main implications are that the 2005 and 2015 series are not comparable and the chain index is associated with non-additivity of the components.
Chain-weighted: Yes, from 2005
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
17.023 |
15.576 |
15.056 |
16.362 |
16.108 |
16.596 |
16.824 |
17.097 |
2020 |
Colombia |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2018. Base year is December 2018
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
102.558 |
105.145 |
108.517 |
112.353 |
115.772 |
119.288 |
122.853 |
126.548 |
2020 |
Colombia |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
3.522 |
2.522 |
3.207 |
3.535 |
3.043 |
3.037 |
2.988 |
3.008 |
2020 |
Colombia |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2018. Base year is December 2018
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
104.390 |
106.070 |
110.635 |
114.037 |
117.408 |
120.895 |
124.560 |
128.247 |
2020 |
Colombia |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
3.788 |
1.609 |
4.304 |
3.075 |
2.956 |
2.970 |
3.031 |
2.960 |
2020 |
Colombia |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2000
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
7.344 |
-15.696 |
6.207 |
5.654 |
4.209 |
3.031 |
3.102 |
3.242 |
2020 |
Colombia |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2000
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
1.786 |
-15.696 |
6.207 |
5.654 |
4.209 |
3.031 |
3.102 |
3.242 |
2020 |
Colombia |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2000
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
3.071 |
-9.761 |
0.494 |
12.317 |
4.839 |
2.625 |
3.287 |
3.388 |
2020 |
Colombia |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2000
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
0.893 |
-9.761 |
0.494 |
12.317 |
4.839 |
2.625 |
3.287 |
3.388 |
2020 |
Colombia |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2020
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
10.500 |
16.067 |
14.545 |
13.778 |
13.127 |
12.445 |
11.756 |
11.056 |
2020 |
Colombia |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Notes: Based on the 2020 National Census of Housing and Population, the National Statistical Office (DANE) has published projections and retro-projections of population for the periods 1950-2017 and 2018-2070.
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
49.396 |
50.372 |
51.049 |
51.609 |
52.156 |
52.691 |
53.217 |
53.732 |
2020 |
Colombia |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
311,629.082 |
265,841.211 |
304,154.118 |
345,628.293 |
376,772.839 |
401,862.161 |
426,395.517 |
451,678.002 |
2020 |
Colombia |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
29.368 |
26.507 |
27.297 |
28.990 |
29.729 |
29.757 |
29.620 |
29.434 |
2020 |
Colombia |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
348,538.290 |
335,501.126 |
398,168.302 |
422,014.136 |
431,458.356 |
439,102.888 |
460,525.928 |
479,631.118 |
2020 |
Colombia |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
32.846 |
33.452 |
35.735 |
35.397 |
34.044 |
32.515 |
31.991 |
31.256 |
2020 |
Colombia |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
-36,909.208 |
-69,659.915 |
-94,014.184 |
-76,385.843 |
-54,685.517 |
-37,240.727 |
-34,130.411 |
-27,953.116 |
2020 |
Colombia |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-3.478 |
-6.946 |
-8.438 |
-6.407 |
-4.315 |
-2.758 |
-2.371 |
-1.822 |
2020 |
Colombia |
General government structural balance |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
-19,094.097 |
-50,318.342 |
-84,605.849 |
-74,373.398 |
-55,400.442 |
-38,290.415 |
-33,818.202 |
-26,946.188 |
2020 |
Colombia |
General government structural balance |
Percent of potential GDP |
|
See notes for:
General government structural balance (National currency).
|
-1.776 |
-4.711 |
-7.482 |
-6.208 |
-4.360 |
-2.828 |
-2.343 |
-1.751 |
2020 |
Colombia |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
-10,718.016 |
-43,563.071 |
-62,844.820 |
-40,757.507 |
-15,892.161 |
3,935.178 |
8,505.167 |
16,535.679 |
2020 |
Colombia |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-1.010 |
-4.344 |
-5.640 |
-3.419 |
-1.254 |
0.291 |
0.591 |
1.078 |
2020 |
Colombia |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
456,408.464 |
545,406.671 |
641,717.021 |
717,964.263 |
772,134.352 |
809,232.972 |
842,862.573 |
872,052.749 |
2020 |
Colombia |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
43.012 |
54.382 |
57.593 |
60.220 |
60.925 |
59.922 |
58.550 |
56.828 |
2020 |
Colombia |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
555,485.752 |
655,736.411 |
743,492.049 |
805,541.254 |
882,978.909 |
922,174.538 |
960,414.041 |
993,240.916 |
2020 |
Colombia |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
52.349 |
65.383 |
66.727 |
67.566 |
69.672 |
68.285 |
66.716 |
64.725 |
2020 |
Colombia |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Headline balance includes Central Bank utilities distributed to the Central Government. Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels.
Fiscal assumptions: Medium-Term Fiscal Framework 2021
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2014 manual
Basis of recording: Revenue (cash); Expenditure (cash modified)
General government includes: Central Government; State Government; Local Government; Social Security Funds; Other;
Valuation of public debt: Face value
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
1,061,119.000 |
1,002,923.000 |
1,114,236.092 |
1,192,226.795 |
1,267,344.499 |
1,350,476.308 |
1,439,548.317 |
1,534,549.476 |
2020 |
Colombia |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank. And National Statistical Office
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Colombian peso
Data last updated: 09/2021
|
-14.508 |
-9.326 |
-13.165 |
-12.868 |
-13.383 |
-14.062 |
-14.581 |
-15.345 |
2020 |
Colombia |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-4.486 |
-3.434 |
-4.377 |
-4.030 |
-3.980 |
-3.969 |
-3.905 |
-3.898 |
2020 |