Colombia Nominal GDP Growth
Key information about Colombia Nominal GDP Growth
- Colombia Nominal GDP Growth was reported at 4.957 % in Dec 2023.
- This records an increase from the previous number of 3.176 % for Sep 2023.
- Colombia Nominal GDP Growth data is updated quarterly, averaging 8.544 % from Mar 2001 to Dec 2023, with 92 observations.
- The data reached an all-time high of 29.688 % in Jun 2022 and a record low of -16.857 % in Jun 2020.
- Colombia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. National Administrative Department of Statistics provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to Q1 2006 is based on SNA 1993.
View Colombia's Nominal GDP Growth from Mar 2001 to Dec 2023 in the chart:
What was Colombia's Nominal GDP Growth in Dec 2023?
Colombia Nominal GDP Growth was reported at 4.957 % in Dec 2023. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4.957 Dec 2023 | 3.176 Sep 2023 | -16.857 Jun 2020 | 29.688 Jun 2022 | % | quarterly | Mar 2001 - Dec 2023 |
Nominal GDP Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 8.629 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Algeria (%) | 9.089 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Argentina (%) | 130.642 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Armenia (%) | 9.822 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Azerbaijan (%) | -12.187 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
Bahrain (%) | 1.243 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Bangladesh (%) | 12.507 2022 | yearly | 2007 - 2022 |
Belarus (%) | 11.754 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Belgium (%) | 3.901 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Bolivia (%) | 0.912 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
Bosnia and Herzegovina (%) | 4.974 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Botswana (%) | 8.493 Jun 2023 | quarterly | Sep 1994 - Jun 2023 |
Brazil (%) | 7.714 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Bulgaria (%) | 5.061 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
Chile (%) | 5.389 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
China (%) | 4.162 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Colombia (%) | 4.957 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Croatia (%) | 8.099 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Cyprus (%) | 6.785 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Czech Republic (%) | 5.774 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Denmark (%) | -0.670 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | 1.013 Sep 2023 | quarterly | Mar 1992 - Sep 2023 |
Egypt (%) | 37.317 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | 5.666 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Finland (%) | 4.091 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
France (%) | 5.671 Dec 2023 | quarterly | Mar 1950 - Dec 2023 |
Georgia (%) | 8.630 Sep 2023 | quarterly | Mar 1997 - Sep 2023 |
Germany (%) | 6.266 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Hong Kong SAR, China (%) | 8.548 Dec 2023 | quarterly | Mar 1974 - Dec 2023 |
Hungary (%) | 13.263 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
Indonesia (%) | 3.671 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Israel (%) | -0.107 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
Japan (%) | 5.357 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Jordan (%) | 4.394 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Kazakhstan (%) | 11.192 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Kosovo (%) | 7.976 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
Latvia (%) | 5.716 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 5.166 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Macau SAR, China (%) | 99.802 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
Malaysia (%) | 1.911 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Mauritius (%) | 10.787 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Mexico (%) | 8.034 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Moldova (%) | 4.255 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
Mongolia (%) | 24.672 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Morocco (%) | 7.612 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
Nepal (%) | 13.427 2022 | yearly | 2002 - 2022 |
Netherlands (%) | 6.139 Dec 2023 | quarterly | Mar 1989 - Dec 2023 |
New Zealand (%) | 5.704 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Nigeria (%) | 16.080 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Norway (%) | -3.659 Dec 2023 | quarterly | Mar 1979 - Dec 2023 |
Oman (%) | -10.834 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
Palestinian Territory (%) | -2.412 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
Panama (%) | 9.468 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Paraguay (%) | 4.829 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Philippines (%) | 9.285 Dec 2023 | quarterly | Mar 1982 - Dec 2023 |
Poland (%) | 6.938 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Qatar (%) | -15.018 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Russia (%) | 15.443 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Singapore (%) | 2.511 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
Slovakia (%) | 11.483 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Slovenia (%) | 11.395 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
South Africa (%) | 3.976 Sep 2023 | quarterly | Mar 1961 - Sep 2023 |
Spain (%) | 7.162 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Sri Lanka (%) | 4.863 Sep 2023 | quarterly | Mar 2003 - Sep 2023 |
Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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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) | 7,675.156 Jan 2024 | monthly | Jan 1999 - Jan 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) | 14,579.473 Oct 2023 | monthly | Jan 1995 - Oct 2023 |
Central Government: Expenditure (COP bn) | 28,000.623 Oct 2023 | monthly | Jan 1995 - Oct 2023 |
Tax Collection: Internal: VAT (COP mn) | 13,194,638.604 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Tax Collection: Internal: Income Tax (COP mn) | 11,693,796.599 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Tax Collection: Total (COP mn) | 30,088,146.534 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 215,229.710 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -811.3 Dec 2023 | monthly | Jan 1958 - Dec 2023 |
Total Exports (USD mn) | 3,745.7 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
Total Exports Growth (%) | 1.3 Jan 2024 | monthly | Jan 1971 - Jan 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) | 5,256.7 Dec 2023 | monthly | Jan 1980 - Dec 2023 |
Total Imports Growth (%) | -10.2 Dec 2023 | monthly | Jan 1981 - Dec 2023 |
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) | 959.627 Jan 2024 | monthly | Jan 2008 - Jan 2024 |
Total Imports from USA (USD mn) | 1,206.864 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Total Exports to China (USD mn) | 242.644 Jan 2024 | monthly | Jan 2008 - Jan 2024 |
Total Imports from China (USD mn) | 1,282.522 Jan 2024 | monthly | Jun 1988 - Jan 2024 |
Trade Balance: ytd: Total (USD mn) | -9,902.411 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
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 Nov 2023 | monthly | Apr 1995 - Nov 2023 |
Household Debt: % of GDP (%) | 34.7 Sep 2023 | quarterly | Dec 2015 - Sep 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 (%) | 7.8 Jan 2024 | monthly | Dec 1980 - Jan 2024 |
Reserve Requirement Ratio (%) | 8.0 Feb 2024 | monthly | Jun 2008 - Feb 2024 |
Foreign Exchange Reserves (USD mn) | 54,746.4 Jan 2024 | monthly | Dec 1956 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.945 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 10.4 Dec 2023 | monthly | Jan 1980 - Dec 2023 |
Gold Reserves (USD mn) | 305.500 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
Domestic Credit (USD mn) | 208,246.7 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
Domestic Credit Growth (%) | 5.6 Nov 2023 | monthly | Jan 1994 - Nov 2023 |
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) | 78,930.7 Nov 2023 | monthly | Apr 1995 - Nov 2023 |
Total Loans (USD mn) | 170,043.531 Nov 2023 | monthly | Apr 1995 - Nov 2023 |
Total Loans Growth (%) | 3.25 Nov 2023 | monthly | Apr 1996 - Nov 2023 |
Private Debt: % of Nominal GDP (%) | 43.17 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Net International Reserves: Gross (USD mn) | 59,480.256 Feb 2024 | monthly | Jan 1960 - Feb 2024 |
Net International Reserves: Gross: Gold (USD mn) | 305.500 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) | 676,887.183 Nov 2023 | monthly | Apr 1995 - Nov 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -3.4 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
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