Colombia GDP Annual Growth Rate  2001-2018 | Data | Chart | Calendar

The Colombian economy advanced 2.2 percent year-on-year in the first quarter of 2018, following a 1.8 percent expansion in the previous period and slightly below market expectations of 2.3 percent. Growth was boosted by public administration & defense (5.9 percent vs 4.3 percent in Q4 2017); professional activities (5.6 percent vs 1.2 percent); internal trade (3.9 percent vs 0.4 percent); information & communication (3.1 percent vs 0.1 percent) and real estate (2.9 percent vs 2.5 percent). Additionally, output fell less for manufacturing (-1.2 percent vs -1.8 percent). In contrast, growth slowed in agriculture (2 percent vs 6.6 percent); finance & insurance (6.1 percent vs 8.2 percent) and utilities (0.6 percent vs 1.8 percent). Also, output dropped further for mining (-3.6 percent vs -1.8 percent) and construction (-8.2 percent vs -1.8 percent). On a quarterly basis, the GDP expanded 0.4 percent compared to a 0.5 percent increase in the prior period. GDP Annual Growth Rate in Colombia averaged 3.98 percent from 2001 until 2018, reaching an all time high of 9.50 percent in the first quarter of 2006 and a record low of 0.20 percent in the third quarter of 2009.

Colombia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-15 04:00 PM GDP Growth Rate YoY 2.0% 1.2% 2.2% 2.1%
2018-02-15 04:00 PM GDP Growth Rate YoY 1.6% 2.3% 2% 1.4%
2018-05-15 04:00 PM GDP Growth Rate YoY 2.2% 1.8% 2.3% 2.40%
2018-08-15 04:00 PM GDP Growth Rate YoY 2.2% 2.50%
2018-11-15 04:00 PM GDP Growth Rate YoY 2.6%


Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.30 3.50 -0.90 percent [+]
GDP Annual Growth Rate 2.20 1.80 9.50 0.20 percent [+]
GDP 282.46 291.52 380.19 4.00 USD Billion [+]
GDP Constant Prices 199578.81 227390.95 227390.95 100710.10 COP Billion [+]
Gross Fixed Capital Formation 37239.00 36966.00 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 13252.00 13276.00 13276.00 5454.00 COP Billion [+]
Gdp From Construction 12157.00 16248.00 16824.00 2927.00 COP Billion [+]
Gdp From Manufacturing 23842.00 26421.00 26898.00 9441.00 COP Billion [+]
Gdp From Mining 10333.00 11498.00 12839.00 4899.00 COP Billion [+]
Gdp From Transport 9671.00 9761.00 9772.00 4460.00 COP Billion [+]
Gdp From Utilities 6048.00 6401.00 6401.00 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.80 9.50 0.20 2001 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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