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 (2019): United States, China, and Mexico
Top 3 Exported Goods (2019): 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) $741,375,666,032 (2020)
GDP Growth Rate (annual %) -6.796% (2020)
GDP Per Capita, PPP (current international) $14,570 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 32/197 (2020)

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 %) 2.525% (2020)
External debt stocks, total (DOD, current US$) $155,171,767,041 (2020)
Total tax rate (% of commercial profits) 71.2% (2019)
Real Interest Rate (5 year average %) 8.326% (2020)
Manufacturing, value added (% of GDP) 11.015% (2020)
Current Account Balance (BoP, current US$) ($9,926,642,260) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 24,802,460 (2020)
Employment in Agriculture (% of total employment) 16.453% (2020)
Employment in Industry (% of total employment) 20.019% (2020)
Employment in Services (% of total employment) 63.527% (2020)
Unemployment Rate 15.44% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $54,646,532,798 (2020)
Exports of goods and services (current US$) $36,702,118,308 (2020)
Total Merchandise Trade (% of GDP) 27.445% (2020)
FDI, net inflows (BoP, current US$) $13,989,839,284 (2019)
Commercial Service Exports (current US$) $5,535,544,009 (2020)
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