COL · Latin America & Caribbean / Latin America & Caribbean (excluding high income)

Location

GDP per capita: 7,914 USD (PPP: 21,495 intl$) (2024)

Income and purchasing power

The average monthly income in Colombia is 587 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 7,040 USD
GDP (PPP) 21,495 intl$

Largest economic sectors

The main economic sectors in Colombia play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Colombia Per Capita

Household debt and deficits 2024

Indicator Colombia
Government debt 71.3% of GDP

Corruption in Colombia

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
40.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 9.6%
2023 9.6%
2022 10.5%
2021 13.9%
2020 16.0%
2019 10.3%
2018 9.4%
2017 9.1%
2016 8.9%
2015 8.6%
2014 8.8%
2013 9.2%
2012 10.0%
2011 10.3%
2010 11.2%
2009 12.1%
2008 11.3%
2007 11.2%
2006 11.1%
2005 11.1%
2004 13.7%
2003 13.2%
2002 14.5%
2001 15.0%
2000 20.5%
1999 20.1%
1998 15.0%
1997 12.1%
1996 11.8%
1995 8.7%
1994 8.3%
1993 7.8%
1992 9.4%
1991 10.1%

Inflation rates in percentages 1971 - 2024

Year Inflation Rate (%)
2024 6.6%
2023 11.7%
2022 10.2%
2021 3.5%
2020 2.5%
2019 3.5%
2018 3.2%
2017 4.3%
2016 7.5%
2015 5.0%
2014 2.9%
2013 2.0%
2012 3.2%
2011 3.4%
2010 2.3%
2009 4.2%
2008 7.0%
2007 5.5%
2006 4.3%
2005 5.1%
2004 5.9%
2003 7.1%
2002 6.4%
2001 8.0%
2000 9.2%
1999 10.9%
1998 18.7%
1997 18.5%
1996 20.8%
1995 20.9%
1994 22.8%
1993 22.4%
1992 27.0%
1991 30.4%
1990 29.2%
1989 25.9%
1988 28.1%
1987 23.3%
1986 18.8%
1985 24.1%
1984 16.2%
1983 19.6%
1982 24.7%
1981 27.5%
1980 26.6%
1979 24.1%
1978 17.8%
1977 33.8%
1976 19.8%
1975 23.4%
1974 23.9%
1973 22.5%
1972 12.4%
1971 11.9%

Frequently Asked Questions

What is the GDP per capita of Colombia in 2024?

The GDP per capita of Colombia is 7,914 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 21,495 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Colombia?

The main economic sectors in Colombia include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Colombia in 2024?

The inflation rate in Colombia is 6.6% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Colombia including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Colombia's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Colombia's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025