co Colombia 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$282.72 billion

↓ 3.67% vs 2015
GDP per Capita

$5,959.84

↓ 4.62% vs 2015
GDP Growth (Annual %)

2.09%

↓ 0.87pp vs 2015
Inflation Rate (CPI %)

7.51%

↑ 2.52pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $293.49 billion $282.72 billion -3.67%
GDP per Capita $6,248.51 $5,959.84 -4.62%
GDP Growth (Annual %) 2.96% 2.09% -0.87pp
Inflation (CPI %) 4.99% 7.51% +2.52pp
Unemployment Rate (%) 8.57% 8.92% +0.35pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$282.72 billion
GDP per Capita
$5,959.84
GDP Growth (Annual %)
2.09%
Gross National Income
$279.59 billion
Prices & Employment
Inflation (CPI %)
7.51%
Inflation (GDP Deflator %)
5.15%
Unemployment Rate (%)
8.92%
Interest Rate (Real %)
9.03%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-4.45%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2016, Colombia's Gross Domestic Product (GDP) is $282.72 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Colombia for 2016 is $5,959.84. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Colombia for 2016 is 7.51%. This measures the annual percentage change in the cost of consumer goods and services.

Colombia's annual GDP growth rate for 2016 is 2.09%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Colombia for 2016 is 8.92%. This represents the percentage of the labor force that is unemployed and actively seeking employment.