Colombia GDP Annual Growth Rate: 1.6% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Colombia is estimated to be $363 Billion US dollars at the end of 2024.

The economy of Colombia has grown at an average annual growth rate of 5.1% in the last four years and is ranked the 6th largest economy in Americas, ahead of Chile.

World Economics Rates Colombia's Offical GDP Data as Grade B

GDP Annual Growth Rate: Colombia


Source: World Bank, World Economics
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Economic Indicators: Colombia 2021 2022 2023 2024
GDP Annual Growth Rate (%) 10.8 7.3 0.6 1.6
GDP per Capita Annual Growth Rate (%) 9.6 6.1 -0.5 0.3
Real GDP (US$ Billions, 2010) 331 355 357 363
Real GDP per Capita (US$, 2010) 6,457 6,854 6,819 6,839
Current GDP (Billions, US$) 319 345 363 369
Current GDP per Capita (US$) 6,223 6,675 6,947 6,968
Real GDP PPP (Billions, 2017) 906 977 983 999
Real GDP per Capita PPP (int$ 2017) 14,720 15,757 16,050 15,908
Data Quality Rating for Colombia See how much you can trust Colombia's GDP Data





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