With COVID-19 extraordinary uncertainty, this Economic Outlook presents two possible scenarios, Please check the other forecast scenario: Single-hit

CountryInformation on item
FrequencyAnnual
Time2012201320142015201620172018201920202021
VariableUnit
External sectors, trade and paymentsCurrent account balance as a percentage of GDPInformation on itemPercentageInformation on item-3.063-3.269-5.231-6.265-4.268-3.277-3.934-4.272-3.704-3.364
Exchange rate, national currency per USDInformation on itemColombian PesoInformation on item1 797.6871 869.6512 002.5582 744.5093 053.8832 951.2882 956.8973 281.0653 831.4423 929.275
Exchange rate, USD per national currencyInformation on itemUS DollarInformation on item0.0010.0010.0010.0000.0000.0000.0000.0000.0000.000
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item43 537 521 089.61745 573 722 787.89345 442 035 450.53446 195 477 765.11946 099 004 868.94747 283 457 270.99047 685 488 807.88648 911 423 411.28839 789 556 647.96339 328 445 707.911
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item50 622 642 415.46354 100 255 556.07656 464 335 511.76756 476 312 420.87355 246 173 103.47856 166 431 687.94558 251 259 261.99761 651 911 689.87749 826 308 361.99248 368 425 208.737
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item57 707 763 741.31062 626 788 324.25967 486 635 573.00066 757 147 076.62864 393 341 338.00865 049 406 104.90068 817 029 716.10974 392 399 968.46659 863 060 076.02157 408 404 709.562
Government accountsGeneral government net lending as a percentage of GDPInformation on itemPercentageInformation on item-0.618-2.348-3.115-3.147-4.866-4.841-4.710-2.835-6.129-5.462
Expenditure and GDPExports of goods and services, volume (national accounts basis)Information on itemColombian Peso, 2015Information on item118 690 000 000 000.000124 241 000 000 000.000123 882 000 000 000.000125 936 000 000 000.000125 673 000 000 000.000128 902 000 000 000.000129 998 000 000 000.000133 340 086 881 297.000108 472 470 649 531.000107 215 411 081 024.000
Government final consumption expenditure, volumeInformation on itemColombian Peso, 2015Information on item99 724 999 999 999.900108 596 000 000 000.000113 674 000 000 000.000119 188 000 000 000.000121 362 000 000 000.000125 783 000 000 000.000134 626 000 000 000.000140 352 547 562 791.000145 633 544 530 925.000149 858 714 276 502.000
Gross capital formation, total, volumeInformation on itemColombian Peso, 2015Information on item160 351 000 000 000.000172 869 000 000 000.000193 533 000 000 000.000191 305 000 000 000.000190 994 000 000 000.000184 828 000 000 000.000188 643 000 000 000.000196 105 515 161 553.000161 182 502 952 644.000158 560 175 746 810.000
Gross domestic product, nominal value, market pricesInformation on itemColombian PesoInformation on item666 507 000 000 001.000714 092 999 999 999.000762 902 999 999 999.000804 691 999 999 998.000863 781 999 999 999.000920 471 000 000 000.000985 930 999 999 999.0001 061 729 531 541 660.0001 000 297 180 469 440.0001 057 599 665 651 780.000
Gross domestic product, volume in USD, at constant purchasing power paritiesInformation on itemUS Dollar, 2015Information on item583 749 446 162.662613 719 104 901.436641 330 511 553.492660 287 608 964.562674 070 336 974.504683 233 385 357.374700 418 921 788.895723 254 096 459.180666 069 803 674.054684 777 662 943.456
Gross domestic product, volume in USD, constant exchange ratesInformation on itemUS Dollar, 2015Information on item261 552 073 207.306274 980 139 697.082287 351 578 679.146295 845 407 945.198302 020 833 222.516306 126 386 242.211313 826 458 100.765324 057 880 702.235298 436 151 326.452306 818 308 105.096
Gross domestic product, volume, market pricesInformation on itemColombian Peso, 2015Information on item711 415 000 000 001.000747 939 000 000 001.000781 589 000 000 000.000804 692 000 000 000.000821 488 999 999 998.000832 656 000 000 000.000853 599 999 999 999.000881 429 209 766 023.000811 738 756 234 707.000834 538 009 903 605.000
Gross fixed capital formation, total, volumeInformation on itemColombian Peso, 2015Information on item154 437 000 000 000.000167 533 000 000 000.000182 957 000 000 000.000188 095 000 000 000.000182 659 000 000 000.000186 046 000 000 000.000188 929 000 000 000.000196 989 738 255 456.000161 654 951 953 697.000158 235 695 188 869.000
Imports of goods and services, volume (national accounts basis)Information on itemColombian Peso, 2015Information on item157 977 000 000 000.000171 443 000 000 000.000184 747 000 000 000.000182 750 000 000 000.000176 279 000 000 000.000178 075 000 000 000.000188 389 000 000 000.000203 651 768 980 359.000163 877 198 292 122.000157 157 494 292 407.000
Net exports, contributions to changes in real GDPInformation on itemPercentage, 2015Information on item-1.031-0.827-1.5970.5010.7710.159-1.038-1.2661.3330.622
Private final consumption expenditure, volumeInformation on itemColombian Peso, 2015Information on item490 026 000 000 000.000512 698 999 999 999.000534 483 999 999 999.000551 013 000 000 000.000559 739 000 000 000.000571 235 000 000 001.000588 418 000 000 000.000614 603 982 394 816.000572 979 535 055 495.000588 713 301 753 442.000
Selected variables: ready-made growth ratesCore inflationInformation on itemPercentage, 2015Information on item3.1672.2882.4944.6756.5184.9092.9192.9582.7071.909
Exports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item4.4734.677-0.2891.658-0.2092.5690.8502.571-18.650-1.159
Government final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item4.8078.8954.6764.8511.8243.6437.0304.2543.7632.901
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2015Information on item3.6171.9082.2362.4495.1485.1344.4834.2882.3032.840
Gross domestic product, nominal value, growthInformation on itemPercentageInformation on item7.6717.1406.8355.4787.3436.5637.1127.688-5.7865.729
Gross domestic product, volume, growthInformation on itemPercentage, 2015Information on item3.9135.1344.4992.9562.0871.3592.5153.260-7.9072.809
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2015Information on item3.3348.4809.2072.808-2.8901.8541.5504.267-17.937-2.115
Headline inflationInformation on itemPercentage, 2015Information on item3.1682.0182.8994.9907.5134.3153.2413.5202.9032.506
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2015Information on item9.3758.5247.760-1.081-3.5411.0195.7928.102-19.531-4.100
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2015Information on item5.6344.6274.2493.0931.5842.0543.0084.450-6.7732.746
Prices and deflatorsConsumer price indexInformation on itemIndex, 2015Information on item0.9070.9260.9521.0001.0751.1221.1581.1991.2331.264
Core inflation indexInformation on itemIndex, 2015Information on item0.9110.9320.9551.0001.0651.1171.1501.1841.2161.239
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item1.0561.0401.0241.0001.0121.0821.2051.2581.2271.236
Gross domestic product, market prices, deflatorInformation on itemIndex, 2015Information on item0.9370.9550.9761.0001.0511.1051.1551.2051.2321.267
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2015Information on item0.8450.8290.8611.0001.0531.0411.0821.1421.1551.164
Purchasing power parity, national currency per USDInformation on itemColombian PesoInformation on item1 006.3971 023.2181 151.9001 218.5701 285.2101 314.7871 328.5301 358.7831 369.8091 369.809
Labour marketsLabour forceInformation on itemPersonsInformation on item23 090 644.08323 291 556.75023 654 481.41724 173 335.50024 404 942.08324 696 587.25024 863 093.08424 902 239.41724 297 213.02024 173 876.914
Total employment (labour force survey basis)Information on itemPersonsInformation on item20 696 417.50021 048 193.50021 503 322.91722 017 192.16722 156 140.91722 382 580.41722 457 154.41722 287 280.16719 483 248.68719 355 451.273
Unemployment rateInformation on itemPercentageInformation on item10.3699.6329.0948.9209.2159.3709.67710.50119.81319.932
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item6.8936.4377.0307.8338.0216.8467.0016.5066.5225.750
Short-term interest rateInformation on itemPercentageInformation on item5.3564.2394.0694.5796.7835.9894.7094.4983.1252.250
Data extracted on 13 Aug 2020 15:10 UTC (GMT) from OECD.Stat

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