Colombia recorded a Current Account deficit of 1.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Colombia averaged -2.48 percent of GDP from 1980 until 2024, reaching an all time high of 4.30 percent of GDP in 1991 and a record low of -6.30 percent of GDP in 2015. source: Banco de la República de Colombia
Current Account to GDP in Colombia is expected to reach -2.30 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Current Account to GDP is projected to trend around -2.50 percent of GDP in 2027 and -2.70 percent of GDP in 2028, according to our econometric models.