Economic Trivia

Colombia has the largest coal reserves in Latin America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): United States, China, and Mexico
Top 3 Exported Goods (2016): Oil & Mineral Fuels, Coffee & Spices, and Precious Stones & Metals

Top Industries Source: CIA World Factbook

Textiles; Food Processing; Oil; Clothing and Footwear

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $688,636,985,840 (2016)
GDP Growth Rate (annual %) 1.96% (2016)
GDP Per Capita, PPP (current international) $14,154 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 30/195 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 7.517% (2016)
External debt stocks, total (DOD, current US$) $120,282,048,000 (2016)
Total tax rate (% of commercial profits) 69.7% (2017)
Real Interest Rate (5 year average %) 8.307% (2016)
Manufacturing, value added (% of GDP) 12.577% (2016)
Current Account Balance (BoP, current US$) ($12,128,921,762) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 26,421,872 (2017)
Employment in Agriculture (% of total employment) 16.141% (2017)
Employment in Industry (% of total employment) 19.353% (2017)
Employment in Services (% of total employment) 64.506% (2017)
Unemployment Rate 8.96% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $58,541,217,126 (2016)
Exports of goods and services (current US$) $40,082,555,019 (2016)
Total Merchandise Trade (% of GDP) 27.007% (2016)
FDI, net inflows (BoP, current US$) $13,848,995,437 (2016)
Commercial Service Exports (current US$) $7,540,838,658 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Colombia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank