Colombia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$270.35 billion
↓ 16.31% vs 2019GDP per Capita
$5,339.69
↓ 17.50% vs 2019GDP Growth (Annual %)
-7.19%
↓ 10.37pp vs 2019Inflation Rate (CPI %)
2.53%
↓ 1.00pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $323.03 billion | $270.35 billion | -16.31% |
| GDP per Capita | $6,472.55 | $5,339.69 | -17.50% |
| GDP Growth (Annual %) | 3.19% | -7.19% | -10.37pp |
| Inflation (CPI %) | 3.52% | 2.53% | -1.00pp |
| Unemployment Rate (%) | 10.28% | 15.98% | +5.70pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $270.35 billion
- GDP per Capita
- $5,339.69
- GDP Growth (Annual %)
- -7.19%
- Gross National Income
- $267.83 billion
Prices & Employment
- Inflation (CPI %)
- 2.53%
- Inflation (GDP Deflator %)
- 1.48%
- Unemployment Rate (%)
- 15.98%
- Interest Rate (Real %)
- 8.25%
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)
- -3.43%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Colombia's Gross Domestic Product (GDP) is $270.35 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Colombia for 2020 is $5,339.69. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Colombia for 2020 is 2.53%. This measures the annual percentage change in the cost of consumer goods and services.
Colombia's annual GDP growth rate for 2020 is -7.19%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Colombia for 2020 is 15.98%. This represents the percentage of the labor force that is unemployed and actively seeking employment.