Colombia 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$363.49 billion
↑ 5.26% vs 2022GDP per Capita
$6,947.36
↑ 4.09% vs 2022GDP Growth (Annual %)
0.61%
↓ 6.68pp vs 2022Inflation Rate (CPI %)
11.74%
↑ 1.56pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $345.33 billion | $363.49 billion | +5.26% |
| GDP per Capita | $6,674.60 | $6,947.36 | +4.09% |
| GDP Growth (Annual %) | 7.29% | 0.61% | -6.68pp |
| Inflation (CPI %) | 10.18% | 11.74% | +1.56pp |
| Unemployment Rate (%) | 10.55% | 9.59% | -0.95pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $363.49 billion
- GDP per Capita
- $6,947.36
- GDP Growth (Annual %)
- 0.61%
- Gross National Income
- $359.77 billion
Prices & Employment
- Inflation (CPI %)
- 11.74%
- Inflation (GDP Deflator %)
- 6.34%
- Unemployment Rate (%)
- 9.59%
- Interest Rate (Real %)
- 13.82%
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)
- -2.37%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Colombia's Gross Domestic Product (GDP) is $363.49 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Colombia for 2023 is $6,947.36. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Colombia for 2023 is 11.74%. This measures the annual percentage change in the cost of consumer goods and services.
Colombia's annual GDP growth rate for 2023 is 0.61%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Colombia for 2023 is 9.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.