Colombia Current Account Balance
1996 - 2023 | Quarterly | USD mn | CEIC Data
Key information about Colombia Current Account Balance
- Colombia Current Account recorded a deficit of 2.3 USD bn in Dec 2023, compared with a deficit of 2.0 USD bn in the previous quarter.
- Colombia Current Account Balance: USD mn data is updated quarterly, available from Mar 1996 to Dec 2023, with an averaged value of -1.7 USD bn.
- The data reached an all-time high of 363.4 USD mn in Sep 2000 and a record low of -6.5 USD bn in Dec 2014.
- CEIC extends history for quarterly Current Account Balance. The Bank of the Republic of Colombia provides Current Account Balance in USD based on BPM6. Current Account Balance prior to Q1 2000 is based on BPM5.
- Foreign Direct Investment (FDI) increased by 3.9 USD bn in Dec 2023.
- Colombia Direct Investment Abroad expanded by 644.8 USD mn in Dec 2023.
- Its Foreign Portfolio Investment increased by 2.1 USD bn in Dec 2023.
- The country's Nominal GDP was reported at 82.4 USD bn in Mar 2023.
View Colombia's Current Account Balance from Mar 1996 to Dec 2023 in the chart:
What was Colombia's Current Account Balance in Dec 2023?
Colombia Current Account recorded a deficit of 2.3 USD bn in Dec 2023, compared with a deficit of 2.0 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -2,293.1 Dec 2023 | -1,952.6 Sep 2023 | -6,471.1 Dec 2014 | 363.4 Sep 2000 | USD mn | quarterly | Mar 1996 - Dec 2023 |
Current Account Balance by Country Comparison
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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | -3,420.1 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Armenia (USD mn) | 201.6 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Australia (USD mn) | 7,685.3 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 1,655.4 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (USD mn) | 569.0 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| Bangladesh (USD mn) | 1,331.8 Jan 2024 | monthly | Jul 1997 - Jan 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | -268.2 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
| Bosnia and Herzegovina (USD mn) | -196.3 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -4,372.7 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -87.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -4,494.9 Sep 2023 | quarterly | Mar 2003 - Sep 2023 |
| China (USD mn) | 56,191.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (USD mn) | -2,293.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (USD mn) | -6,825.4 Dec 2023 | quarterly | Dec 1993 - Dec 2023 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 104,959.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | 948.7 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 27,133.6 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Ghana (USD mn) | 217.8 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Greece (USD mn) | 1,855.7 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Hong Kong SAR, China (USD mn) | 9,111.4 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (USD mn) | -964.2 Dec 2023 | quarterly | Dec 1989 - Dec 2023 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,195.5 Jun 2023 | quarterly | Jun 1949 - Jun 2023 |
| Indonesia (USD mn) | -1,290.4 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 10,541.1 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,350.1 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -2,092.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Kenya (USD mn) | -446.0 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Kosovo (USD mn) | -447.2 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Kuwait (USD mn) | 15,358.8 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | 67.0 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -28.3 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Lithuania (USD mn) | 604.8 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Luxembourg (USD mn) | 1,576.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (USD mn) | 2,782.4 2022 | yearly | 2002 - 2022 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 54.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Malta (USD mn) | 13.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -522.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Mongolia (USD mn) | -144.7 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -172.4 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Mozambique (USD mn) | -505.6 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Myanmar (USD mn) | -280.3 Jun 2023 | quarterly | Mar 1976 - Jun 2023 |
| Nepal (USD mn) | 769.7 Jan 2024 | quarterly | Oct 2000 - Jan 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 5,752.9 2022 | yearly | 1974 - 2022 |
| Pakistan (USD mn) | 198.0 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Palestinian Territory (USD mn) | -529.4 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Panama (USD mn) | -4,356.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Paraguay (USD mn) | -138.6 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Peru (USD mn) | 1,633.8 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Philippines (USD mn) | 106.8 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Poland (USD mn) | 502.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Portugal (USD mn) | 2,077.7 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Qatar (USD mn) | 7,030.8 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (USD mn) | -1,683.7 Feb 2024 | monthly | Jun 2002 - Feb 2024 |
| Russia (USD mn) | 13,400.0 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Saudi Arabia (USD mn) | 4,345.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (USD mn) | 139.7 Jan 2024 | monthly | Jan 2013 - Jan 2024 |
| Singapore (USD mn) | 25,500.6 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (USD mn) | -146.1 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 1,168.4 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
| Sri Lanka (USD mn) | 237.2 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 10,956.8 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Includes 247 key indicators for Colombia, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.2 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | 3,323.396 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Tax Revenue (USD mn) | 3,930.503 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Tax Revenue: % of GDP (%) | 13.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| National Government Debt (USD mn) | 226,036.5 Sep 2023 | quarterly | Dec 2001 - Sep 2023 |
| Government Debt: % of GDP (%) | 59.0 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Forecast: Government Expenditure (COP bn) | 710,187.230 2028 | yearly | 1982 - 2028 |
| Forecast: Government Net Debt (COP bn) | 1,170,066.650 2028 | yearly | 1996 - 2028 |
| Forecast: Government Revenue (COP bn) | 667,655.950 2028 | yearly | 1980 - 2028 |
| Central Government: Revenue (COP bn) | 19,365.697 Dec 2023 | monthly | Jan 1995 - Dec 2023 |
| Central Government: Expenditure (COP bn) | 42,043.824 Dec 2023 | monthly | Jan 1995 - Dec 2023 |
| Tax Collection: Internal: VAT (COP mn) | 1,298,396.060 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Tax Collection: Internal: Income Tax (COP mn) | 9,745,376.266 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Tax Collection: Total (COP mn) | 15,454,149.450 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 197,665.896 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,213.2 Jan 2024 | monthly | Jan 1958 - Jan 2024 |
| Total Exports (USD mn) | 3,810.6 Feb 2024 | monthly | Jan 1970 - Feb 2024 |
| Total Exports Growth (%) | -9.3 Feb 2024 | monthly | Jan 1971 - Feb 2024 |
| Aluminum: Exports (USD th) | 60,040.101 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 361,386.398 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 56,465.291 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 4,959.0 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
| Total Imports Growth (%) | -10.3 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Imports: Medicament (USD th) | 2,136,175.945 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,809,154.500 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,025.974 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
| Total Imports from USA (USD mn) | 1,206.864 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Total Exports to China (USD mn) | 110.608 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
| Total Imports from China (USD mn) | 1,282.522 Jan 2024 | monthly | Jun 1988 - Jan 2024 |
| Terms of Trade Index (2000=100) | 124.183 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.2 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
| Household Debt: % of GDP (%) | 32.3 Dec 2023 | quarterly | Dec 2015 - Dec 2023 |
| Money Supply M1 (USD mn) | 38,979.482 May 2023 | monthly | Jan 1984 - May 2023 |
| Money Supply M2 (USD mn) | 161,207.989 May 2023 | monthly | Dec 1979 - May 2023 |
| M2 Growth (%) | 6.9 Mar 2024 | monthly | Dec 1980 - Mar 2024 |
| Reserve Requirement Ratio (%) | 8.0 Mar 2024 | monthly | Jun 2008 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 54,561.7 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.945 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.0 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
| Gold Reserves (USD mn) | 331.700 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Domestic Credit (USD mn) | 215,262.9 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
| Domestic Credit Growth (%) | 5.4 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
| Credit to Households (USD bn) | 104.702 Sep 2023 | quarterly | Dec 1996 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 223.600 Sep 2023 | quarterly | Dec 1996 - Sep 2023 |
| Household Debt (USD mn) | 79,476.4 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
| Total Loans (USD mn) | 171,279.589 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
| Total Loans Growth (%) | 1.94 Jan 2024 | monthly | Apr 1996 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 42.53 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Monetary Base (COP bn) | 144,893.933 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
| Money Supply: M3 (COP bn) | 813,122.128 Mar 2024 | monthly | Jan 1982 - Mar 2024 |
| Net International Reserves: Gross (USD mn) | 60,023.611 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
| Net International Reserves: Gross: Gold (USD mn) | 331.700 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -4.5 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
More Indicators for Colombia
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Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: External Debt
BPM6: International Investment Position: Annual
Company Statistics
External Debt
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Net Flows and Net Transfers
Foreign Direct Investment
Foreign Investment in Colombia
Foreign Investment in Colombia excl Oil: by Country
Investment Abroad: by Industry
Balance of Payments: Capital and Financial Account
BPM6: Balance of Payments
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: International Investment Position
Businesses Registered Statistics
Current Account as % of GDP
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Terms and Undisbursed Debt
Foreign Direct Investment excl Oil: by Industry
Foreign Investment in Colombia excl Oil
Investment Abroad: by Country
Investment Statistics