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Colombia GDP Growth Rate (YoY)

Colombia's GDP annual growth rate slowed to 2.1% in Q2 2025 from 2.7% in Q1 2025. This deceleration was driven by a 10.2% contraction in mining and a 3.5% decline in construction. Private consumption growth also slowed significantly to 0.1% quarter-on-quarter. Colombia's record low GDP annual growth rate was -16.8% in Q2 2020 and record high was 18.6% in Q2 2021.

Quarterly Historical Data (2015-2025)

(in %)
Quarter GDP Growth Rate (YoY)
Q2 2025 2.1%
Q1 2025 2.7%
Q4 2024 2.5%
Q3 2024 2%
Q2 2024 2.1%
Q1 2024 0.7%
Q4 2023 0.3%
Q3 2023 -0.7%
Q2 2023 0.3%
Q1 2023 2.7%
Q4 2022 2.2%
Q3 2022 7.4%
Q2 2022 12.3%
Q1 2022 8.2%
Q4 2021 11%
Q3 2021 13.3%
Q2 2021 18.6%
Q1 2021 1.4%
Q4 2020 -3.4%
Q3 2020 -9.1%
Q2 2020 -16.8%
Q1 2020 0.5%
Q4 2019 3.1%
Q3 2019 3.1%
Q2 2019 3.1%
Q1 2019 3.5%
Q4 2018 2.9%
Q3 2018 2.9%
Q2 2018 2.8%
Q1 2018 1.7%
Q4 2017 1.4%
Q3 2017 1.7%
Q2 2017 1.3%
Q1 2017 1.1%
Q4 2016 2.3%
Q3 2016 1.6%
Q2 2016 2.1%
Q1 2016 2.4%
Q4 2015 2.1%
Q3 2015 3.6%
Colombia GDP Growth Rate (YoY) : Definition
Colombia's GDP annual growth rate shows the percentage increase in the nation's total economic output from one year to the next. It is calculated by comparing the current year's inflation-adjusted Gross Domestic Product (GDP) value to the previous year's value, then expressing this change as a percentage.