[ Nominal GDP in billions of USD ]
Year -
$232.47 billions
Colombia GDP expanded from 1960 to 2009, increasing from $4.03 billion to $232.47 billion.The compound annual growth rate (CAGR) averaged 8.63% over the period. The economy recorded its peak level in 2008 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 19.19%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2009 | 2024 |
| Latest GDP | $ 232.47 Billions | $ 1,181.98 Int Billions |
| Growth (YoY) | -4.138% | 6.328% |
| Net Change vs Previous Year | $ -10.04 Billion | $ 70.35 Int Billion |
| % of World GDP | 0.38% | 0.59% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 4.03 | - | - | - | - | - |
| 1961 | 4.54 | 0.51 | 12.634 % | - | - | - |
| 1962 | 4.96 | 0.42 | 9.142 % | - | - | - |
| 1963 | 4.84 | -0.12 | -2.409 % | - | - | - |
| 1964 | 5.97 | 1.14 | 23.514 % | - | - | - |
| 1965 | 5.76 | -0.21 | -3.559 % | - | - | - |
| 1966 | 5.43 | -0.33 | -5.767 % | - | - | - |
| 1967 | 5.83 | 0.4 | 7.307 % | - | - | - |
| 1968 | 5.96 | 0.14 | 2.318 % | - | - | - |
| 1969 | 6.45 | 0.49 | 8.221 % | - | - | - |
| 1970 | 7.2 | 0.75 | 11.599 % | - | - | - |
| 1971 | 7.82 | 0.62 | 8.641 % | - | - | - |
| 1972 | 8.67 | 0.85 | 10.882 % | - | - | - |
| 1973 | 10.32 | 1.64 | 18.964 % | - | - | - |
| 1974 | 12.37 | 2.05 | 19.914 % | - | - | - |
| 1975 | 13.1 | 0.73 | 5.89 % | - | - | - |
| 1976 | 15.34 | 2.24 | 17.122 % | - | - | - |
| 1977 | 19.47 | 4.13 | 26.918 % | - | - | - |
| 1978 | 23.26 | 3.79 | 19.478 % | - | - | - |
| 1979 | 27.94 | 4.68 | 20.104 % | - | - | - |
| 1980 | 33.4 | 5.46 | 19.543 % | - | - | - |
| 1981 | 36.39 | 2.99 | 8.945 % | - | - | - |
| 1982 | 38.97 | 2.58 | 7.089 % | - | - | - |
| 1983 | 38.73 | -0.24 | -0.611 % | - | - | - |
| 1984 | 38.25 | -0.48 | -1.231 % | - | - | - |
| 1985 | 34.89 | -3.36 | -8.78 % | - | - | - |
| 1986 | 34.94 | 0.05 | 0.138 % | - | - | - |
| 1987 | 36.37 | 1.43 | 4.095 % | - | - | - |
| 1988 | 39.21 | 2.84 | 7.806 % | - | - | - |
| 1989 | 39.54 | 0.33 | 0.835 % | - | - | - |
| 1990 | 47.84 | 8.3 | 21.002 % | 165.75 | - | - |
| 1991 | 49.18 | 1.33 | 2.783 % | 174.79 | 9.04 | 5.451 % |
| 1992 | 58.42 | 9.24 | 18.797 % | 186 | 11.21 | 6.416 % |
| 1993 | 66.45 | 8.03 | 13.742 % | 200.66 | 14.66 | 7.883 % |
| 1994 | 81.7 | 15.26 | 22.961 % | 216.86 | 16.2 | 8.074 % |
| 1995 | 92.51 | 10.8 | 13.223 % | 232.93 | 16.07 | 7.408 % |
| 1996 | 97.16 | 4.65 | 5.03 % | 242.07 | 9.14 | 3.924 % |
| 1997 | 106.66 | 9.5 | 9.777 % | 254.69 | 12.62 | 5.214 % |
| 1998 | 98.44 | -8.22 | -7.703 % | 259.02 | 4.33 | 1.7 % |
| 1999 | 86.19 | -12.26 | -12.451 % | 251.64 | -7.38 | -2.848 % |
| 2000 | 99.88 | 13.69 | 15.883 % | 264.87 | 13.23 | 5.256 % |
| 2001 | 98.2 | -1.67 | -1.677 % | 275.38 | 10.51 | 3.967 % |
| 2002 | 97.95 | -0.25 | -0.259 % | 286.66 | 11.28 | 4.097 % |
| 2003 | 94.64 | -3.3 | -3.37 % | 303.77 | 17.11 | 5.97 % |
| 2004 | 117.09 | 22.45 | 23.718 % | 328.58 | 24.8 | 8.166 % |
| 2005 | 145.6 | 28.51 | 24.347 % | 355.25 | 26.67 | 8.116 % |
| 2006 | 161.79 | 16.19 | 11.121 % | 390.8 | 35.55 | 10.008 % |
| 2007 | 206.23 | 44.44 | 27.465 % | 428.43 | 37.63 | 9.63 % |
| 2008 | 242.5 | 36.27 | 17.589 % | 451.02 | 22.59 | 5.273 % |
| 2009 | 232.47 | -10.04 | -4.138 % | 458.98 | 7.95 | 1.763 % |
| 2010 | - | - | - | 485.44 | 26.46 | 5.765 % |
| 2011 | - | - | - | 529.88 | 44.44 | 9.154 % |
| 2012 | - | - | - | 552.84 | 22.97 | 4.335 % |
| 2013 | - | - | - | 589.81 | 36.97 | 6.687 % |
| 2014 | - | - | - | 621.9 | 32.09 | 5.44 % |
| 2015 | - | - | - | 626.21 | 4.31 | 0.693 % |
| 2016 | - | - | - | 665.4 | 39.19 | 6.259 % |
| 2017 | - | - | - | 693.12 | 27.72 | 4.166 % |
| 2018 | - | - | - | 747.1 | 53.99 | 7.789 % |
| 2019 | - | - | - | 807.59 | 60.49 | 8.096 % |
| 2020 | - | - | - | 785.74 | -21.85 | -2.706 % |
| 2021 | - | - | - | 889.81 | 104.07 | 13.245 % |
| 2022 | - | - | - | 1078.94 | 189.13 | 21.256 % |
| 2023 | - | - | - | 1111.63 | 32.69 | 3.03 % |
| 2024 | - | - | - | 1181.98 | 70.35 | 6.328 % |
Between 1960 to 2009, Colombia experienced the following economic phases:
The most remarkable growth occurred in 2007 with an increase of 27.465%, while the largest decline was in 1999 at -12.451%.