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

The Colombian economy advanced 1.3 percent year-on-year in the second quarter of 2017, up from a 1.2 percent expansion in the previous period and in line with market expectations. Social services continued to grow (3 percent vs 2.9 percent in Q1) and output recovered in trade, repairs, hotels and restaurants (0.9 percent vs -0.5 percent); transport and communication (0.7 percent vs -0.3 percent); construction (0.3 percent vs -1.4 percent) and utilities (1.2 percent vs -0.5 percent). Meanwhile, growth slowed for finance, insurance and real estate activities (3.9 percent vs 4.3 percent) and agriculture, hunting, forestry and fishing (4.4 percent vs 7.8 percent). Also, manufacturing sector contracted (-3.3 percent vs 0.3 percent) and mining declined but at a slower pace (-6 percent vs -9.3 percent). On a quarterly basis, the GDP advanced 0.7 percent compared to a 0.3 percent growth in the previous period. GDP Annual Growth Rate in Colombia averaged 4.03 percent from 2001 until 2017, reaching an all time high of 8 percent in the first quarter of 2007 and a record low of 0.40 percent in the fourth quarter of 2008.

Colombia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-02-22 04:00 PM GDP Growth Rate YoY 1.6% 1.2% 1.4% 1.4%
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%
2017-11-24 04:00 PM GDP Growth Rate YoY 1.3% 2.1%


Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 -0.30 3.40 -0.90 percent [+]
GDP Annual Growth Rate 1.30 1.20 8.00 0.40 percent [+]
GDP 282.46 291.52 380.19 4.00 USD Billion [+]
GDP Constant Prices 137102.00 136086.00 137102.00 70996.00 COP Billion [+]
Gross Fixed Capital Formation 37175.00 36742.00 38563.00 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 8498.00 8556.00 8556.00 5454.00 COP Billion [+]
Gdp From Construction 10007.00 9749.00 10100.00 2927.00 COP Billion [+]
Gdp From Manufacturing 14855.00 15034.00 15361.00 9441.00 COP Billion [+]
Gdp From Mining 8266.00 8227.00 9691.00 4899.00 COP Billion [+]
Gdp From Transport 9614.00 9654.00 9753.00 4460.00 COP Billion [+]
Gdp From Utilities 4596.00 4614.00 4652.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.20 8.00 0.40 2001 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17