Colombia’s economy expanded 3.5% year-on-year in Q2 2026, accelerating from 2.2% growth in the previous quarter. Growth was supported by public spending, although its pace eased to 12.2% from 13.2%, while household consumption strengthened to 2.8% from 2.7%. Activity also accelerated in public administration, health and defense (10% vs 5.6%), entertainment (9.5% vs 3.2%), financial services (4.3% vs 2.8%) and utilities (4.8% vs 2.6%). However, risks to the outlook include the recent earthquake, the strongest in half a century, and dry weather associated with the El Niño phenomenon. On a seasonally adjusted quarterly basis, the economy expanded 1.3%, accelerating sharply from a 0.6% increase in the prior quarter. source: Dane, Colombia

The Gross Domestic Product (GDP) in Colombia expanded 3.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Colombia averaged 3.57 percent from 2001 until 2026, reaching an all time high of 18.60 percent in the second quarter of 2021 and a record low of -16.80 percent in the second quarter of 2020. This page provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

The Gross Domestic Product (GDP) in Colombia expanded 3.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Colombia is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia GDP Annual Growth Rate is projected to trend around 2.80 percent in 2027 and 3.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-15 03:00 PM
GDP Growth Rate YoY
Q1 2.2% 2.1% 2.2% 2.1%
2026-08-18 03:00 PM
GDP Growth Rate YoY
Q2 3.5% 2.2% 0.9%
2026-11-17 04:00 PM
GDP Growth Rate YoY
Q3 3.5% 0.6%


Related Last Previous Unit Reference
Full Year GDP Growth 2.60 1.60 percent Dec 2025
GDP Growth Rate YoY 3.50 2.20 percent Jun 2026
GDP Constant Prices 256894.70 247672.23 COP Billion Jun 2026
GDP from Agriculture 15088.00 15163.00 COP Billion Jun 2026
GDP from Construction 10305.00 9531.00 COP Billion Jun 2026
GDP from Manufacturing 28175.00 27613.00 COP Billion Jun 2026
GDP from Mining 8527.00 8789.00 COP Billion Jun 2026
GDP from Transport 12209.00 12120.00 COP Billion Jun 2026
GDP from Utilities 7792.00 7568.00 COP Billion Jun 2026
GDP Growth Rate 1.30 0.60 percent Jun 2026
Gross Fixed Capital Formation 44727.00 43403.00 COP Billion Jun 2026


Colombia GDP Annual Growth Rate
The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent).
Actual Previous Highest Lowest Dates Unit Frequency
3.50 2.20 18.60 -16.80 2001 - 2026 percent Quarterly
Constant Prices, NSA, 2015=100

News Stream
Colombia Economic Growth Picks Up in Q2
Colombia’s economy expanded 3.5% year-on-year in the second quarter of 2026, accelerating from 2.2% growth in the previous quarter. Growth was supported by public spending, although its pace eased to 12.2% from 13.2%, while household consumption strengthened to 2.8% from 2.7%. Activity also accelerated in public administration, health and defense (10% vs 5.6%), entertainment (9.5% vs 3.2%), financial services (4.3% vs 2.8%) and utilities (4.8% vs 2.6%). However, risks to the outlook include the recent earthquake, the strongest in half a century, and dry weather associated with the El Niño phenomenon. On a seasonally adjusted quarterly basis, the economy expanded 1.3%, accelerating sharply from a 0.6% increase in the prior quarter.
2026-08-18
Colombian Economy Grows 2.2% in Q1 2026
Colombia’s economy expanded 2.2% year-on-year in the first quarter of 2026, matching market expectations but easing slightly from 2.3% growth in the previous quarter. The main contributors to annual GDP growth were public administration, defense, education, health and social services, which rose 5.7%, followed by wholesale and retail trade, transportation, accommodation and food services, up 2.9%, and manufacturing industries, which also increased 2.9%. On a quarterly basis, GDP grew 0.6% in Q1, accelerating from a 0.1% expansion in the fourth quarter of 2025.
2026-05-15
Colombia GDP Growth Slows to 2.3%
Colombia’s GDP grew by 2.3% year-on-year in the fourth quarter of 2025, slowing from 3.6% in the previous quarter and falling short of market expectations for a 3% expansion. Growth was primarily supported by a 3.4% increase in wholesale and retail trade, alongside a 4.8% rise in public administration, defense and related services, and a strong 11.5% expansion in recreation services. Additional gains were recorded in utilities (2.9%), real estate activities (1.9%), professional and scientific activities (1.5%), manufacturing (1%), and financial services (0.7%). In contrast, output declined in mining and quarrying (-2.9%), construction (-2.6%), communication (-1.2%), and agriculture (-0.4%). On a seasonally adjusted quarterly basis, the economy expanded by 0.1%, slowing sharply from 1.2% growth in the third quarter. Considering full 2025, the economy expanded by 2.6%, supported by wholesale and retail trade (4.6%), public administration and defense (4.5%) and recreation services (9.9%).
2026-02-16