Manufacturing Sector Contribution to GDP in Colombia (1990-2022)

Manufacturing Sector Contribution to GDP in Colombia (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Colombia (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Colombia
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Colombia’s manufacturing share in GDP fell from 18% in 1990 to around 14% by the early 2000s, reflecting shifts to service-oriented sectors and global trade impacts. A moderate recovery in 2005-2007 increased manufacturing’s share to 16%, but the sector faced steady declines in the following years. The pandemic intensified this drop, reaching 10.8% in 2020. A slight increase to 11.5% by 2022 reflects post-pandemic recovery, though the sector remains constrained by limited industrial diversification and competition from imports.

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