Labor force | 8.893 million (2023 est.) |
---|---|
Industrial production growth rate | -0.75% (2023 est.) |
Industries | petroleum, food processing, textiles, wood products, chemicals |
Population below poverty line | 25.2% (2022 est.) |
Taxes and other revenues | 13.04% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Debt - external | |
Debt - external 2022 | $39.129 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $4.442 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $8.459 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $7.912 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | $2.291 billion (2023 est.) |
Current account balance 2022 | $2.133 billion (2022 est.) |
Current account balance 2021 | $3.098 billion (2021 est.) |
Public debt | |
Public debt 2017 | 45.4% of GDP (2017 est.) |
Budget | |
Revenues | $35.962 billion (2022 est.) |
Expenditures | $35.347 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 4.33% of GDP (2023 est.) |
Remittances 2022 | 4.07% of GDP (2022 est.) |
Remittances 2021 | 4.07% of GDP (2021 est.) |
Household income | |
Lowest 10% | 1.7% (2022 est.) |
Highest 10% | 34.3% (2022 est.) |
Average household expenditures | |
On food | 26.4% of household expenditures (2022 est.) |
On alcohol and tobacco | 0.8% of household expenditures (2022 est.) |
Imports | |
Imports 2023 | $34.447 billion (2023 est.) |
Imports 2022 | $36.051 billion (2022 est.) |
Imports 2021 | $28.128 billion (2021 est.) |
Imports (partners) | US 26%, China 23%, Colombia 6%, Peru 4%, Brazil 4% (2022) |
Comodities Imports force | refined petroleum, coal tar oil, cars, natural gas, soybean meal (2022) |
Exports | |
Imports 2023 | $34.447 billion (2023 est.) |
Imports 2022 | $36.051 billion (2022 est.) |
Imports 2021 | $28.128 billion (2021 est.) |
Exports (partners) | US 27%, China 17%, Panama 14%, Chile 4%, Colombia 3% (2022) |
Comodities Exports force | crude petroleum, shellfish, bananas, fish, refined petroleum (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $260.213 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $254.226 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $239.415 billion (2021 est.) |
GDP (official exchange rate) | $118.845 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $14,300 (2023 est.) |
Real GDP per capita 2022 | $14,100 (2022 est.) |
Real GDP per capita 2021 | $13,500 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 7.7% (2023 est.) |
Industry | 26.9% (2023 est.) |
Services | 59.7% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 64.3% (2023 est.) |
Government consumption | 13.9% (2023 est.) |
Investment in fixed capital | 19.7% (2023 est.) |
Investment in inventories | 1.8% (2023 est.) |
Exports of goods and services | 29.1% (2023 est.) |
Imports of goods and services | -28.8% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 3.37% (2023 est.) |
Unemployment rate 2022 | 3.76% (2022 est.) |
Unemployment rate 2021 | 4.55% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 7.2% (2023 est.) |
Male | 5.9% (2023 est.) |
Female | 9.4% (2023 est.) |
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