Colombia Gross Domestic Product (GDP) by Year (1961–2023)

Colombia Gross Domestic Product (GDP) by Year (1961–2023)

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook


  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Colombia Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Colombia
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Colombia's GDP reflects gradual economic development influenced by agriculture, resource extraction, and policy reforms. Starting at $4.5 billion in 1961, GDP grew steadily, surpassing $100 billion in 2000. Political instability and a heavy reliance on oil exports caused fluctuations, particularly in 1999 when GDP fell to $86.2 billion.

Post-2000 reforms and a commodities boom propelled growth, with GDP peaking at $382 billion in 2013. The 2014 oil price crash and political tensions slowed growth, with GDP declining to $270 billion in 2020 during the pandemic. Recovery efforts have boosted GDP to $363.5 billion by 2023, supported by infrastructure investments and diversification.

Further Recommended Statistics

Statbox vector
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.