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Trading Basics

Colombia

Capital
Bogota
Region
Latin America & Caribbean
Income group
Upper middle income
Population
53.4 million (2025)

At a glance

  • Prices in Colombia rose 5.1% in 2025, faster than in most countries.
  • Colombia's economy grew 2.6% in 2025, slower than most economies.
  • Output per person in Colombia was US$8,562 in 2025, close to the middle of the range worldwide.
  • 8.3% of Colombia's labour force had no job in 2025, a higher share than in most countries.
  • Colombia's central government owed 71.2% of GDP in 2024, more than in most countries with data.
  • Colombia had 53.4 million people in 2025: about 0.7% of everyone on Earth, the 28th largest population of 217 countries and territories.
  • Colombia had a current account deficit of 2.4% of GDP in 2025, close to the middle of the range worldwide.

Consumer prices, change over the year (yearly average)

5.1%
World median 3.0%

Since 2000

Show the numbers
Inflation in Colombia and the world median, last ten years
YearColombiaWorld median
20255.1%3.0%
20246.6%3.0%
202311.7%5.7%
202210.2%8.0%
20213.5%3.5%
20202.5%1.9%
20193.5%2.2%
20183.2%2.5%
20174.3%2.3%
20167.5%1.6%

Real GDP, change over the year

2.6%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Colombia and the world median, last ten years
YearColombiaWorld median
20252.6%3.4%
20241.5%3.4%
20230.8%3.2%
20227.3%4.3%
202110.8%5.1%
2020−7.2%−3.8%
20193.2%2.8%
20182.6%3.2%
20171.4%3.3%
20162.1%3.1%

GDP divided by population, in US dollars at current prices

US$8,562
World median US$7,882

Since 2000

Show the numbers
GDP per person in Colombia and the world median, last ten years
YearColombiaWorld median
2025US$8,562US$7,882
2024US$7,951US$7,853
2023US$7,012US$7,862
2022US$6,680US$7,656
2021US$6,223US$7,269
2020US$5,340US$6,433
2019US$6,473US$7,037
2018US$6,817US$6,978
2017US$6,480US$6,548
2016US$5,960US$5,982

Share of the labour force without a job (ILO modelled estimate)

8.3%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Colombia and the world median, last ten years
YearColombiaWorld median
20258.3%5.1%
20249.6%5.1%
20239.6%5.2%
202210.5%5.3%
202113.9%6.0%
202016.0%6.4%
201910.3%5.4%
20189.4%5.4%
20179.1%5.6%
20168.9%5.9%

Central government debt, % of GDP

71.2%
World median 53.2%

Since 2000

Show the numbers
Government debt in Colombia and the world median, last ten years
YearColombiaWorld median
202471.2%53.2%
202371.2%60.7%
202270.3%55.6%
202180.4%58.8%
202091.2%64.3%
201972.7%49.2%
201871.7%47.3%
201766.7%51.2%
201666.9%50.2%
201553.3%49.4%

Everyone living in the country, mid-year

53.4 million

Since 2000

Show the numbers
Population in Colombia and the world median, last ten years
YearColombia
202553.4 million
202452.9 million
202352.3 million
202251.7 million
202151.2 million
202050.6 million
201949.9 million
201849.0 million
201748.1 million
201647.4 million

Current account balance, % of GDP

−2.4%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Colombia and the world median, last ten years
YearColombiaWorld median
2025−2.4%−0.8%
2024−1.7%−1.3%
2023−2.3%−1.2%
2022−6.0%−3.0%
2021−5.6%−2.4%
2020−3.4%−1.7%
2019−4.6%−2.1%
2018−4.2%−2.9%
2017−3.2%−2.1%
2016−4.5%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Colombia since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.