GDP per Capita
GDP divided by population – a measure of average living standards.
$7,800
(2026)
Total GDP: $400B (2026)
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Colombia
Economy: Developing • GDP $400B (2026) • Population 52M • Currency Colombian Peso (COP)
Last updated: March 19, 2026
MASEconomics brings you a detailed economic profile of Colombia. Here you’ll discover the key indicators that define the nation’s economy, organised into intuitive sectors. Each indicator is presented with the latest data and, where available, a comparison to the previous period. Scroll down to explore, and feel free to share this resource with others who value economic insight.
Performance Trends
The most closely watched indicators – GDP per capita, growth, inflation, and unemployment – with a comparison to the previous period.
GDP Growth Rate
Annual percentage change in real GDP – how fast the economy expands.
↑ 2.6%
(2024)
Previous: 0.7% (2023) ↑ +1.9pp
Moderate and sustainable for this stage of development.
Inflation
Year‑over‑year change in Consumer Price Index – most recent month.
4.5%
(2026-12)
Moderately above target – worth monitoring.
Unemployment
Percentage of labor force without work.
10.2%
(2026)
Elevated – significant labor market slack.
Country Snapshot
Beyond the core economic metrics, these indicators provide a broader view of well‑being, global integration, and fiscal health. The reference year is shown in parentheses.
Social Development
0.752 (2023)
Human Development Index
Composite index of life expectancy, education, and income (0–1). Higher values indicate greater human development.
94.7% (2024)
Literacy Rate
Percentage of people aged 15 and above who can read and write. Higher rates indicate better education access.
77.3 years (2023)
Life Expectancy
Average number of years a newborn is expected to live. Reflects healthcare quality and living conditions.
These three indicators together reflect the overall well‑being of the population – health, education, and living standards.
Inequality & Poverty
51.5 (2023)
Gini Coefficient
Measure of income inequality (0 = perfect equality, 100 = perfect inequality). Lower is more equal.
35.7% (2024)
Poverty Rate
Percentage of population living below the national poverty line. Lower is better.
The Gini coefficient measures how evenly income is distributed; the poverty rate shows the share of the population struggling to meet basic needs.
Global Integration
65.3 (2023)
Globalization Index
Measure of economic, social, and political integration (KOF Index). Higher values indicate greater global connectedness.
69.4 (2025)
Business Ready (B‑READY)
World Bank Business Ready score (0–100). Higher scores indicate a more favorable business environment.
3,694.96 per USD (2026-03-18)
Exchange Rate (vs USD)
Amount of local currency per 1 US dollar. Updated weekly.
$9,000M (2025)
Remittances
Money sent home by workers abroad – a vital source of foreign currency.
These indicators show how connected the country is with the rest of the world – through trade, investment, and financial flows.
Labor Market
64% (2025)
Labor Force Participation
Percentage of working‑age population in the labor force.
20% (2025)
Youth Unemployment
Unemployment rate for ages 15–24.
These indicators reveal the health of the job market – how many people are working or looking for work, and the challenges facing young workers.
Fiscal Health
-4.5% of GDP (2026)
Fiscal Balance
Government surplus/deficit as % of GDP. A negative value indicates a deficit.
9.25% (2025)
Policy Rate
Central bank key interest rate. Influences borrowing costs and inflation.
26% of GDP (2024)
Government Revenue
Government revenue as percentage of GDP.
28.5% of GDP (2025)
Government Expenditure
Government spending as percentage of GDP.
68% of GDP (2025)
Public Debt
Government debt as a percentage of GDP. High debt can limit fiscal flexibility.
$58,000M (2025)
Forex Reserves
Foreign currency reserves held by the central bank – a buffer against external shocks.
39/100 (2025)
Corruption Perception
Transparency International CPI (0=highly corrupt, 100=very clean).
These numbers show the government’s financial position – its income, spending, debt, and monetary policy stance.
Digital & Social Media
76.4% (2025)
Internet Penetration
Percentage of population using the internet.
38M (2025)
Facebook Users
Monthly active Facebook users (millions).
6.40M (2025)
Twitter Users
Monthly active Twitter users (millions).
These indicators reflect the country’s digital adoption and social media engagement.
MASEconomics Interpretation
Colombia's economy is projected to grow 2.6% in 2026 with inflation easing to 4.5%. The fiscal deficit remains high at 4.5% of GDP.
This interpretation reflects the latest data and is updated regularly to provide context.
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