co Colombia 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$379.45 billion

↑ 4.39% vs 2023
GDP per Capita

$7,252.26

↑ 4.39% vs 2023
GDP Growth (Annual %)

4.39%

↑ 3.78pp vs 2023
Inflation Rate (CPI %)

6.61%

↓ 5.13pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $363.49 billion $379.45 billion +4.39%
GDP per Capita $6,947.36 $7,252.26 +4.39%
GDP Growth (Annual %) 0.61% 4.39% +3.78pp
Inflation (CPI %) 11.74% 6.61% -5.13pp
Unemployment Rate (%) 9.59% 9.61% +0.01pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$379.45 billion
GDP per Capita
$7,252.26
GDP Growth (Annual %)
4.39%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
6.61%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
9.61%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Colombia's Gross Domestic Product (GDP) is $379.45 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Colombia for 2024 is $7,252.26. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Colombia for 2024 is 6.61%. This measures the annual percentage change in the cost of consumer goods and services.

Colombia's annual GDP growth rate for 2024 is 4.39%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Colombia for 2024 is 9.61%. This represents the percentage of the labor force that is unemployed and actively seeking employment.