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General profile: Colombia

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
52.321 Millions
..
363 540 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 1 109 500 km²
11.73 %
0.80 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-13.1 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
21 190
39 713
35 691
49 545
Merchandise imports
21 204
40 486
54 058
62 797
Merchandise trade balance
-14
-772
-18 367
-13 252
Export structure by product group in 2023
(as % of total exports)
9 %9 %20 %20 %51 %51 %5 %5 %16 %16 %
Top 5 partners in 2023
(exports, millions of US$)
14 1134 6592 4692 3982 04214 1134 6592 4692 3982 042
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
2 956
6 024
8 434
(e) 15 156
Services imports
5 261
10 626
13 960
(e) 16 521
Services trade balance
-2 305
-4 602
-5 526
(e) -1 365
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
26.1
21.3
21.1
(e) 17.6
Travel
52.1
46.4
50.3
(e) 50.0
Other services
21.2
31.6
27.7
(e) 31.6
TRADE INDICES
More data on UNCTADstat
1311431151021241241151011001331391421371058894867513915412610512512711699100133146157166145125132125119
ECONOMIC TRENDS
More data on UNCTADstat
+0.8 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
145 601
286 499
293 492
363 540
GDP per capita, current US$
3 456
6 398
6 249
6 948
Real GDP growth, y-on-y, %
4.71
4.49
2.96
0.80
Current account balance, % of GDP
-1.34
-3.00
-6.37
-2.53
Exchange rate (/US$)
2 321.132
1 898.998
2 741.782
..
GDP by expenditure in 2022
(as % of total GDP)
73.914.019.720.227.873.914.019.720.227.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.3 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
(k) 10 235.00
(k) 6 430.00
(k) 11 620.53
(k) 17 446.18
FDI outflows
(k) 4 796.00
(k) 5 483.00
(k) 4 217.74
(k) 1 211.11
Personal remittances, % of GDP
2.30
1.41
1.70
2.80
Financial flows trends
(millions of US$)
10 111.69 454.58 608.36 924.57 116.36 675.15 818.85 192.05 001.64 165.74 449.84 018.74 101.34 030.84 124.94 826.94 460.23 899.23 345.63 189.73 076.02 479.92 056.41 610.117 44617 1839 5617 45913 98911 29913 70113 85811 62116 16916 21015 04014 6476 4308 03510 5648 8866 75110 2353 1161 7202 1342 5422 436FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-0.47
-0.78
-6.48
(e) -2.25
Balance, % of imports
-2.72
-4.58
-28.79
(e) -10.76
Normalized balance
-0.014
-0.023
-0.168
(e) -0.057
Trade openness²
(sum of imports and exports as % of GDP)
40473833363534353938373839333437363734
LIVING AREA
Population by living area in 2023
(% of population)
Urban 82%Urban 82%Rural 18%Rural 18%
OTHER INDICATORS
More data on UNCTADstat
0.004 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
100
109
105
99
Container port throughput (TEU)
..
2 446 523
3 843 103
4 503 448
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
0.25
0.15
0.23
0.34
Share of ICT goods, % of total imports
13.02
9.60
9.29
7.55
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
k
Asset/liability basis.
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 15 April 2025