Colombia Colombia

Subscribe to our free email alert service

Colombia, is a country located at South America, it has an area of 1,140,619 Km2 and it may be considered a large country.

Colombia, with a population of 51,609,000 people, it is ranked at 29º position by population of 196 countries and it has a moderate population density, 45 people per km2.

It's capital is Bogota and its currency is Colombian pesos

Colombia is holding the 44 position by nominal GDP. Its national debt in 2022 was 196,787 millions of euros (207,389 millions of dollars), ( 60.35% debt-to-GDP ratio) and its public debt per capita is €3,813 euros per inhabitant$4,018 dollars per inhabitant.

The last annual rate of CPI published in Colombia was on February of 2024 and it was 7.7%.

In terms of the human development index (HDI) of Colombia, which is the index used by the United Nations to measure the progress of a country, was 0.752 points in 2021, leaving it in 88th place in the table of 191 countries published.

If the reason to visit Colombia are business, you must know it's in the 67th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Colombia, if you want to see information about other countries click here

Bogota: Monthly Temp.
Bogota: Monthly Rainfall
Colombia Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q31,722K
Annual GDP [+]2022€326,055M
Annual GDP [+]2022$343,622M
GDP per capita [+]2022€6,318
GDP per capita [+]2022$6,658
Quarterly GDP [+]2023Q3€88,878M
Debt (M.€.) [+]2022196,787
Debt ($M) [+]2022207,389
Debt (%GDP) [+]202260.35%
Debt Per Capita [+]2022€3,813
Debt Per Capita [+]2022$4,018
Deficit (M.€) [+]2022-20,231
Deficit ($M) [+]2022-21,321
Deficit (%GDP) [+]2022-6.21%
Expenditure (M.€) [+]2022111,057.9
Expenditure ($M) [+]2022117,041.5
Education Expenditure (M.€) [+]202011,677.0
Education Expenditure ($M) [+]202013,326.8
Education Expenditure (%Bud.) [+]202014.75%
Gov. Health Exp. (M.€) [+]202220,039,554,152.9
Gov. Health Exp.($M) [+]202221,101,650,523.0
Gov. Health Exp. (%Bud.) [+]201717.49%
Defence Expenditure (M.€) [+]202210,039.6
Defence Expenditure ($M) [+]202210,580.5
Defence Expenditure (%Bud.) [+]20229.18%
Expenditure (%GDP) [+]202234.06%
Expenditure Per Capita [+]2022€2,152
Expenditure Per Capita [+]2022$2,268
Education Expenditure P.C [+]2020€232
Education Expenditure P.C [+]2020$265
Gov. Health Exp. P.C. [+]2022€387
Gov. Health Exp. P.C. [+]2022$407
Defence Expenditure P.C. [+]2022€195
Defence Expenditure P.C. [+]2022$205
Moody's Rating [+]06/08/2023Baa2
S&P Rating [+]01/18/2024BB+
Fitch Rating [+]07/01/2021BB+
Corruption Index [+]202239
Competitiveness Ranking [+]201957º
Fragile States Index [+]201876.6
RTI Raking [+]202238º
Innovation Ranking [+]201863º
Labour
Unemployment Rate [+]September 20239.3%
Unemployment rate [+]2023Q48.8%
Unemployed [+]2023Q42,225K
NMW [+]2022$235.0
NMW [+]2022€220.9
Average Wage [+]2022$4,964
Average Wage [+]2022€4,714
Human Capital Ranking [+]201768º
Markets
Euro / Colombian pesos [+]04/26/20224,187.4997
US Dollar exchange rate [+]03/18/20243,884.6400
Stock ExchangeYTD % [+]03/18/20248.31%
Prices
CPI (overall index) [+]February 20247.7%
PPI Year on Year [+]May 2023-1.4%
Money Market
Key rates [+]02/01/202412.75%
Business
Doing Business [+]202067º
Passengers vehicles Year [+]December 2022208,160
Annual Vehicles/ 1,000 p. [+]December 20224.60
Vehicles / 1,000 people [+]2020112.36
Taxes
Tax Revenue (%GDP) [+]202219.7%
Standard VAT [+]01/01/201719.00%
Top tax rate + SSC [+]202239.0%
Trade
Annual arrivals [+]20194,154,401
Exports [+]2021€34,064.0M
Exports [+]2021$40,287.5M
Exports % GDP [+]202112.66%
Imports [+]2021€51,662.6M
Imports [+]2021$61,101.4M
Imports % GDP [+]202119.20%
Trade balance [+]2021€-17,598.6M
Trade balance [+]2021$-20,813.9M
Trade balance % GDP [+]2021-6.54%
Retail Sales YoY [+]April 20238.5%
Socio-Demography
Global AgeWatch Ranking [+]201536º
Density [+]202245
Global Peace Ranking [+]2023140º
Remittance received ($M) [+]20175,636.4
% Immigrant [+]20203.78%
% Emigrant [+]20206.00%
Birth Rate [+]202114.20‰
Remittance sent ($M) [+]2017281.2
Crude death rate [+]20217.74‰
Fertility Rate [+]20211.72
% risk of poverty [+]202139.3%
Population [+]202251,609,000
Immigrant stock [+]20201,905,393
Emigrant stock [+]20203,024,273
HDI [+]20210.752
Gender Gap Ranking [+]202342º
Life expectancy [+]202172.83
Suicides [+]20202,748
Suicide rate [+]20205.40
Number of homicides [+]202213,166
Rate Homicides per 100.000 [+]202225.38
Energy and Environment
CO2 Tons per capita [+]20211.53
Annual crude oil production [+]2022754
Crude Oil Reserves [+]20212,036.0
Consumption GWh [+]202176,193
Generation GWh [+]202180,905
Others
COVID-19 - Deaths [+]03/05/2024142,727
COVID-19 - Confirmed [+]03/05/20246,378,330
Fully vaccinated [+]04/07/202337,019,801
COVID-19 - Deaths per million population [+]03/05/20242,765.54
Doses administered [+]04/07/202390,506,612