Colombia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$7,919.21

Source: world bank Nominal/PPP
Summary:

Colombia GDP Per Capita expanded from 1960 to 2024, increasing from $258.30 to $7,919.21 .The compound annual growth rate (CAGR) averaged 5.49% over the period. The economy recorded its peak level in 2013 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 35.5%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Colombia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 7,919.21 dollars$ 22,349.44 Int dollars
Growth (YoY)13.118%5.192%
Net Change vs Previous Year$ 918.37 dollars$ 1,103.06 Int dollars
% of World GDP Per Capita7.14%11.19%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Colombia GDP | Colombia GDP Growth

Colombia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960258.3-----
1961282.123.89.212 %---
1962298.5416.445.829 %---
1963282.59-15.96-5.345 %---
1964338.6856.0919.848 %---
1965317.06-21.61-6.381 %---
1966290.25-26.81-8.456 %---
1967302.8312.584.334 %---
1968301.53-1.31-0.431 %---
1969317.8716.345.42 %---
1970345.8828.018.812 %---
1971366.8320.956.056 %---
1972397.4130.598.338 %---
1973462.0664.6516.268 %---
1974541.7579.6917.246 %---
1975561.119.353.571 %---
1976643.0181.9114.598 %---
1977798.2155.224.136 %---
1978932.39134.1916.811 %---
19791095.03162.6417.443 %---
19801279.5184.4716.846 %---
19811362.1882.686.462 %---
19821425.463.224.641 %---
19831383.79-41.61-2.919 %---
19841335.53-48.26-3.488 %---
19851192.22-143.31-10.731 %---
19861169.46-22.76-1.909 %---
19871192.5923.131.978 %---
19881259.6267.035.62 %---
19891244.33-15.29-1.214 %---
19901474.85230.5218.526 %5109.42--
19911485.7410.890.739 %5280.78171.363.354 %
19921730.39244.6516.467 %5509.36228.594.329 %
19931929.27198.8811.493 %5826.18316.825.751 %
19942325.92396.6520.56 %6173.64347.455.964 %
19952583.67257.7511.082 %6505.57331.935.377 %
19962664.6480.973.134 %6638.84133.272.049 %
19972873.28208.647.83 %6861.09222.253.348 %
19982604.87-268.41-9.342 %6853.84-7.25-0.106 %
19992241.23-363.64-13.96 %6543.87-309.97-4.523 %
20002555.01313.7814 %6775.93232.063.546 %
20012472.99-82.02-3.21 %6934.88158.952.346 %
20022428.93-44.06-1.782 %7108.82173.942.508 %
20032311.94-116.99-4.816 %7420.46311.644.384 %
20042818.57506.6321.914 %7909.35488.896.588 %
20053456.07637.4922.618 %8432.33522.996.612 %
20063789.85333.799.658 %9154.09721.768.559 %
20074769.93980.0725.86 %9909.29755.28.25 %
20085541.84771.9116.183 %10307.06397.774.014 %
20095250.97-290.86-5.249 %10367.3560.280.585 %
20106398.31147.3221.85 %10841.13473.784.57 %
20117400.991002.715.671 %11707.46866.337.991 %
20128108.6707.69.561 %12093.08385.613.294 %
20138279.1170.52.103 %12779.89686.815.679 %
20148187.21-91.89-1.11 %13355.36575.484.503 %
20156248.51-1938.69-23.68 %13332.06-23.31-0.175 %
20165959.84-288.67-4.62 %14026.84694.785.211 %
20176479.53519.698.72 %14400.61373.772.665 %
20186816.97337.445.208 %15239.4838.795.825 %
20196472.55-344.42-5.052 %16181.59942.196.183 %
20205339.69-1132.86-17.503 %15519.21-662.38-4.093 %
20216222.62882.9316.535 %17383.091863.8812.01 %
20226680.45457.827.357 %208543470.9119.967 %
20237000.84320.394.796 %21246.38392.371.882 %
20247919.21918.3713.118 %22349.441103.065.192 %

Colombia Economic Phases (1960 - 2024)

From 1960 to 2024, Colombia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1962) indicating robust economic expansion
  • Contraction (1965–1966) indicating temporary slowdown
  • High Growth (1969–1974) indicating robust economic expansion
  • High Growth (1976–1981) indicating robust economic expansion
  • Contraction (1983–1984) indicating temporary slowdown
  • High Growth (1992–1995) indicating robust economic expansion
  • Contraction (2001–2003) indicating temporary slowdown
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 25.86%, while the largest decline was in 2015 at -23.68%.