Flag of co

Colombia Real GDP

Colombia's real GDP rose to $363.51 billion in 2024, up from $357.28 billion in 2023, according to World Bank. This represents an increase of 1.7% ($6.23 billion) from the previous year and accounts for 0.38% of the world's total real GDP. Colombia has real GDP higher than the global median ($363.51 billion vs median $29.34 billion). Compared with the median in Americas, Colombia is higher ($363.51 billion vs regional median $22.14 billion) and ranks 6th out of 43 countries in Americas.

Colombia's GDP per capita rose to $6,873.42 in 2024, up from $6,828.6 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 363.51
2023 357.28
2022 354.75
2021 330.53
2020 298.31
2019 321.41
2018 311.48
2017 303.69
2016 299.62
2015 293.49
2014 285.07
2013 272.79
2012 259.47
2011 249.7
2010 233.48
2009 223.44
2008 220.92
2007 213.9
2006 200.39
2005 187.78
2004 179.13
2003 170.06
2002 163.65
2001 159.65
2000 157.02
1999 152.55
1998 159.25
1997 158.35
1996 153.1
1995 150.01
1994 142.59
1993 134.76
1992 127.87
1991 122.9
1990 120.49
1989 115.54
1988 111.73
1987 107.36
1986 101.89
1985 96.28
1984 93.38
1983 90.36
1982 88.96
1981 88.12
1980 86.16
1979 82.77
1978 78.55
1977 72.42
1976 69.52
1975 66.39
1974 64.88
1973 61.35
1972 57.49
1971 53.39
1970 50.39
1969 47.44
1968 44.72
1967 42.21
1966 40.54
1965 38.52
1964 37.18
1963 35.02
1962 33.91
1961 32.17
1960 30.61
Colombia Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Colombia, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $418.54B $366.29B 2024
GDP Annual Growth Rate 1.74% 0.71% 2024
GDP Growth Rate (QoQ) 0.5% 0.3% Jun'25
GDP Growth Rate (YoY) 2.1% 2.7% Jun'25
GDP per Capita $6,873.42 $6,828.6 2024
GDP per Capita PPP $18,503.67 $18,383 2024
R&D Expenditure (% GDP) 0.29% 0.32% 2020