Colombia GDP Annual Growth Rate  2001-2017 | Data | Chart | Calendar

The Colombian economy advanced 2 percent year-on-year in the third quarter of 2017, up from a 1.3 percent expansion in the previous period but below market expectations of 2.2 percent. It is the highest growth since the second quarter of 2016, as output expanded faster for social services (3.2 vs 2.9 percent in Q2); trade, repairs, hotels and restaurants (1.4 percent vs 1.0 percent); agriculture, hunting, forestry and fishing (7.1 percent vs 4.0 percent) and utilities (1.9 percent vs 1.3 percent). Meantime, growth slowed for finance, insurance and real estate activities (3.2 percent vs 3.8 percent) and transport and communication (0.2 percent vs 0.7 percent), while construction (-2.1 percent vs 0.3 percent); manufacturing (-0.6 percent vs -3.4 percent) and mining (-2.1 percent vs -5.7 percent) shrank. On a quarterly basis, the GDP advanced 0.8 percent compared to a 0.7 percent growth in the previous period. GDP Annual Growth Rate in Colombia averaged 4 percent from 2001 until 2017, reaching an all time high of 8 percent in the first quarter of 2007 and a record low of 0.30 percent in the fourth quarter of 2008.

Colombia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-19 04:00 PM GDP Growth Rate YoY 1.1% 1.6% 1.2% 1.4%
2017-08-15 04:00 PM GDP Growth Rate YoY 1.3% 1.2% 1.3% 1.4%
2017-11-15 04:00 PM GDP Growth Rate YoY 2.0% 1.2% 2.2% 2.1%
2018-02-21 04:00 PM GDP Growth Rate YoY 1.4%
2018-05-15 04:00 PM GDP Growth Rate YoY
2018-08-15 04:00 PM GDP Growth Rate YoY


Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.50 3.50 -0.90 percent [+]
GDP Annual Growth Rate 2.00 1.20 8.00 0.30 percent [+]
GDP 282.46 291.52 380.19 4.00 USD Billion [+]
GDP Constant Prices 138021.00 137102.00 138021.00 70996.00 COP Billion [+]
Gross Fixed Capital Formation 36966.00 37136.00 38551.00 9542.00 COP Billion [+]
GDP per capita 7525.90 7446.20 7525.90 2213.22 USD [+]
GDP per capita PPP 13124.30 12985.40 13124.30 7533.52 USD [+]
Gdp From Agriculture 8762.00 8451.00 8762.00 5455.00 COP Billion [+]
Gdp From Construction 10004.00 9916.00 10223.00 2927.00 COP Billion [+]
Gdp From Manufacturing 14974.00 14855.00 15361.00 9441.00 COP Billion [+]
Gdp From Mining 8434.00 8266.00 9691.00 4899.00 COP Billion [+]
Gdp From Transport 9644.00 9614.00 9753.00 4460.00 COP Billion [+]
Gdp From Utilities 4667.00 4596.00 4667.00 2895.00 COP Billion [+]


Colombia GDP Annual Growth Rate

The biggest and the fastest growing sector of Colombian economy is services. Financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication account for more than 53 percent of GDP. Manufacturing, mining and quarrying create 20 percent of the wealth. The government fuels 10 percent of the output. Agriculture, hunting, forestry and fishing account for 6.3 percent of GDP, construction for 6 percent and electricity, gas and water distribution for the remaining 4 percent. This page provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.20 8.00 0.30 2001 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17