Population: 48 million in 20131
GDP: $378 billion in 20132
GDP per capita: $7,831 nominal3 ($12,371 PPP4) in 2013
GDP growth rate: 4.7% in 20135
GDP by Industry 20126
Industry sector | Value added ($ billions) 2012 | Percent of total |
Other activities | 112 | 36.6% |
Mining and utilities | 49 | 16.1% |
Manufacturing | 42 | 13.6% |
Wholesale, retail trade, restaurants and hotels | 38 | 12.3% |
Construction | 25 | 8.2% |
Agriculture, hunting, forestry, fishing | 21 | 6.9% |
Transport, storage and communication | 20 | 6.4% |
Total value added | 307 | 100% |
Unemployment rate: 10.5% in 20137
Employment by Industry 20138
Employment sector | Employees (thousands) 2013 | Percent of total |
Wholesale trade, retail trade and repair of motor vehicles | 5,777 | 27.4% |
Public administration and defence | 4,111 | 19.5% |
Agriculture, forestry and fishing | 3,549 | 16.9% |
Manufacturing | 2,533 | 12.0% |
Transportation and storage | 1,742 | 8.3% |
Real estate | 1,489 | 7.1% |
Construction | 1,220 | 5.8% |
Finance and insurance | 290 | 1.4% |
Mining and quarrying | 224 | 1.1% |
Electricity, gas, steam and air conditioning | 109 | 0.5% |
Not elsewhere classified | 4 | 0.0% |
Total employment | 21,048 | 100% |
Top 1 Corporation by Revenue 2013* 9
Rank | Corporation | Revenue ($ billions) 2013 | Profit ($ billions) 2013 | Assets ($ billions) 12/31/13 | Industry |
1 | Ecopetrol | 30 | 5.5 | 56 | Oil and Gas |
* Corporate data calculated using the exchange rate 2,386 COP = 1 USD
Household Wealth: $839 billion (222% of GDP) in 201410
Household Wealth per Adult: $27,275 in 201410
Gini Coefficient: .535 in 201211
Central Government
Central Government Revenue: $107 billion (28% of GDP) in 201312
Central Government Expenditure: $106 billion (28% of GDP) in 201312
Central Government Budget Balance: +$1 billion (0% of GDP) in 201312
Central Government Public Debt: $112 billion (30% of GDP) in Sept 2014* 13
Central Government 10 Year Bond Interest Rate: 6.52% on Jan 23, 201414
* Public debt calculated using the exchange rate 2,386 COP = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 15
Corporate Tax Rate: 25%16
* Individual thresholds calculated using the exchange rate 2,385 COP = 1 USD, and 1 UVT = 26,841 COP 17
Money Supply (M0): $27 billion in Nov 2014 (7% of GDP)18
Benchmark Interest Rate: 4.5% in Jan 201519
Total Reserves: $43 billion in 2013 (11% of GDP)20
Exchange Rate: 2,386 Colombian Pesos = 1 U.S. Dollar on Jan 24, 201521
Inflation: 2.0% in 201322
Top 10 Financial Institutions by Assets 201323
N/A (data not available at Relbanks.com)
Exports: $59 billion (15% of GDP) in 201324
Imports: $54 billion (14% of GDP) in 201324
Trade Balance: +$5 billion (+1% of GDP) in 201324
Foreign Direct Investment Inflow: $16 billion (4% of GDP) in 201325
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $760 million in 2012 (0.2% of GDP)26
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: World Bank Indicators (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Banco Central de Colombia, Total debt balance (Public debt) Go back
14. Source: Investing.com (Government bond yield) Go back
15. Source: PKF (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: DIAN (UVT value) Go back
18. Source: Banco Central de Colombia, Statistics, Monetary aggregates (Money supply) Go back
19. Source: Banco Central de Colombia, Intervention Rate (Benchmark interest rate) Go back
20. Source: World Bank Indicators (Total reserves) Go back
21. Source: Yahoo Finance (Exchange rate) Go back
22. Source: World Bank Indicators (Inflation rate) Go back
23. Source: Relbanks.com (Financial institutions by assets) Go back
24. Source: CIA World Factbook (Trade data) Go back
25. Source: World Bank Indicators (FDI data) Go back
26. Source: Global Humanitarian Assistance (Aid data) Go back