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

The Colombian GDP advanced 1.1 percent year-on-year in the first quarter of 2017, easing significantly from a 1.6 percent expansion in the previous period and below market expectations of a 1.2 percent rise. Output contracted in several sectors: trade, repairs and hotels and restaurants (-0.5 percent vs 1.8 percent in Q4); transport and communication (-0.3 percent, the same pace as in Q4); mining (-9.4 percent vs -8.3 percent in Q4); construction (-1.4 percent vs 3.4 percent in Q4) and utilities (-0.6 percent, the same pace as in Q4). Also, growth slowed for finance, insurance and real estate activities (4.4 percent vs 5.1 percent in Q4) and manufacturing (0.3 percent vs 1 percent in Q4). In contrast, the sector of agriculture, hunting, forestry and fishing grew sharply (7.7 percent vs 1.9 percent) and social services continued to expand (2.2 percent vs 0.9 percent in Q4). On a quarterly basis, economy shrank 0.2 percent compared to a 1 percent growth in the previous period. GDP Annual Growth Rate in Colombia averaged 4.07 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 Forecast (i)
2016-11-25 04:00 PM Q3 1.2% 2% 2.1%
2017-02-22 04:00 PM Q4 1.6% 1.2% 1.4% 1.4%
2017-05-19 04:00 PM Q1 1.1% 1.6% 1.2% 1.4%
2017-08-22 04:00 PM Q2 1.1% 1.4%
2017-11-24 04:00 PM Q3 2.1%




Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.20 1.00 3.40 -0.90 percent [+]
GDP Annual Growth Rate 1.10 1.60 8.00 0.30 percent [+]
GDP 292.08 378.42 380.19 4.00 USD Billion [+]
GDP Constant Prices 136207.00 136530.00 136530.00 71000.00 COP Billion [+]
Gross Fixed Capital Formation 36793.00 36865.00 39323.00 9545.00 COP Billion [+]
GDP per capita 7447.88 7291.22 7447.88 2213.22 USD [+]
GDP per capita PPP 12988.34 12715.14 12988.34 7533.52 USD [+]
Gdp From Agriculture 8561.00 8430.00 8561.00 5454.00 COP Billion [+]
Gdp From Construction 9808.00 10068.00 10136.00 2927.00 COP Billion [+]
Gdp From Manufacturing 15069.00 15133.00 15303.00 9444.00 COP Billion [+]
Gdp From Mining 8206.00 8395.00 9683.00 4899.00 COP Billion [+]
Gdp From Transport 9647.00 9638.00 9755.00 4460.00 COP Billion [+]
Gdp From Utilities 4619.00 4627.00 4654.00 2895.00 COP Billion [+]


Colombia GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.60 8.00 0.30 2001 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17