Labor force | 26.003 million (2023 est.) |
---|---|
Industrial production growth rate | -1.95% (2023 est.) |
Industries | textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds |
Population below poverty line | 36.6% (2022 est.) |
Taxes and other revenues | 15.28% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | Colombian pesos (COP) per US dollar - |
Exchange rates 2023 | 4,325.955 (2023 est.) |
Exchange rates 2022 | 4,256.194 (2022 est.) |
Exchange rates 2021 | 3,744.244 (2021 est.) |
Exchange rates 2020 | 3,693.276 (2020 est.) |
Exchange rates 2019 | 3,281.622 (2019 est.) |
Debt - external | |
Debt - external 2022 | $97.915 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $59.041 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $56.704 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $58.019 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | -$9.715 billion (2023 est.) |
Current account balance 2022 | -$21.367 billion (2022 est.) |
Current account balance 2021 | -$17.956 billion (2021 est.) |
Public debt | |
Public debt 2022 | 70.14% of GDP (2022 est.) |
Budget | |
Revenues | $98.462 billion (2022 est.) |
Expenditures | $113.035 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 2.78% of GDP (2023 est.) |
Remittances 2022 | 2.74% of GDP (2022 est.) |
Remittances 2021 | 2.7% of GDP (2021 est.) |
Household income | |
Lowest 10% | 1% (2022 est.) |
Highest 10% | 43.5% (2022 est.) |
Average household expenditures | |
On food | 18.5% of household expenditures (2022 est.) |
On alcohol and tobacco | 3.5% of household expenditures (2022 est.) |
Imports | |
Imports 2023 | $75.983 billion (2023 est.) |
Imports 2022 | $89.649 billion (2022 est.) |
Imports 2021 | $70.914 billion (2021 est.) |
Imports (partners) | US 26%, China 25%, Brazil 7%, Mexico 5%, Germany 3% (2022) |
Comodities Imports force | refined petroleum, cars, broadcasting equipment, corn, packaged medicine (2022) |
Exports | |
Imports 2023 | $75.983 billion (2023 est.) |
Imports 2022 | $89.649 billion (2022 est.) |
Imports 2021 | $70.914 billion (2021 est.) |
Exports (partners) | US 26%, Panama 10%, Netherlands 6%, India 4%, Brazil 4% (2022) |
Comodities Exports force | crude petroleum, coal, coffee, refined petroleum, gold (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $978.024 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $972.073 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $906.034 billion (2021 est.) |
GDP (official exchange rate) | $363.54 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $18,800 (2023 est.) |
Real GDP per capita 2022 | $18,700 (2022 est.) |
Real GDP per capita 2021 | $17,600 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 8.7% (2023 est.) |
Industry | 24.5% (2023 est.) |
Services | 56.9% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 77.5% (2023 est.) |
Government consumption | 14.6% (2023 est.) |
Investment in fixed capital | 17.6% (2023 est.) |
Investment in inventories | -4.8% (2023 est.) |
Exports of goods and services | 17.8% (2023 est.) |
Imports of goods and services | -22.7% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 9.57% (2023 est.) |
Unemployment rate 2022 | 10.55% (2022 est.) |
Unemployment rate 2021 | 13.9% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 19.3% (2023 est.) |
Male | 16.1% (2023 est.) |
Female | 23.7% (2023 est.) |
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