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Colombia’s GDP Growth

#51 of 189 in the GDP Growth progress rankings

Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).

Latest (2024)
1.7 %
Year-over-year
+1.0 %
Change since start (1961→2024)
-3.3 %

Key insights

  • From 1961 to 2024, GDP Growth changed by -3.3 %.
  • Most recent year-over-year change (2023→2024): +1.0 %.
  • Lowest level: -7.2 % in 2020.
  • Highest level: 10.8 % in 2021.

GDP Growth Chart (1961–2024)

*Average based on available data from 193 UN member countries

GDP Growth Table (1961–2024)

GDP Growth — Colombia
Year GDP Growth
1961 5.1 %
1962 5.4 %
1963 3.3 %
1964 6.2 %
1965 3.6 %
1966 5.2 %
1967 4.1 %
1968 5.9 %
1969 6.1 %
1970 6.2 %
1971 6.0 %
1972 7.7 %
1973 6.7 %
1974 5.8 %
1975 2.3 %
1976 4.7 %
1977 4.2 %
1978 8.5 %
1979 5.4 %
1980 4.1 %
1981 2.3 %
1982 1.0 %
1983 1.6 %
1984 3.4 %
1985 3.1 %
1986 5.8 %
1987 5.4 %
1988 4.1 %
1989 3.4 %
1990 4.3 %
1991 2.0 %
1992 4.0 %
1993 5.4 %
1994 5.8 %
1995 5.2 %
1996 2.1 %
1997 3.4 %
1998 0.6 %
1999 -4.2 %
2000 2.9 %
2001 1.7 %
2002 2.5 %
2003 3.9 %
2004 5.3 %
2005 4.8 %
2006 6.7 %
2007 6.7 %
2008 3.3 %
2009 1.1 %
2010 4.5 %
2011 7.0 %
2012 3.9 %
2013 5.1 %
2014 4.5 %
2015 3.0 %
2016 2.1 %
2017 1.4 %
2018 2.6 %
2019 3.2 %
2020 -7.2 %
2021 10.8 %
2022 7.3 %
2023 0.7 %
2024 1.7 %

Source: World Bank