Economic Outlook No 114 - November 2023. : Colombia

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Globalisation
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Health
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Labour
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National Accounts
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Public Sector, Taxation and Market Regulation
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Science, Technology and Patents
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Social Protection and Well-being
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Transport
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  - Urban access framework

Economic Outlook No 114 - November 2023. : Colombia

This dataset has been migrated to our new data dissemination platform OECD Data Explorer. You can now access it from here

Country
Frequency			Annual
Time			2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025


Variable		Unit
External sectors, trade and payments	Current account balance as a percentage of GDP	Percentage	-3.138	-3.233	-5.245	-6.320	-4.461	-3.175	-4.221	-4.581	-3.425	-5.668	-6.226	-3.363	-3.185	-3.225
	Exchange rate, national currency per USD	Colombian Peso	1 797.687	1 869.651	2 002.558	2 744.509	3 053.883	2 951.288	2 956.897	3 281.065	3 695.612	3 744.319	4 258.609	4 330.844	4 016.905	4 016.905
	Exchange rate, USD per national currency	US Dollar	0.001	0.001	0.001	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
	Exports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	43 583 271 506.906	45 621 612 901.588	45 489 787 183.575	46 244 021 235.940	46 147 446 963.412	47 333 144 020.416	47 637 187 737.728	49 106 365 168.844	37 979 760 484.955	44 013 632 903.874	50 545 385 413.997	53 099 086 403.742	55 458 219 449.465	57 432 519 047.134
	Goods and services trade, volume in USD	US Dollar, 2015	50 666 606 312.688	54 147 086 906.727	56 512 873 651.587	56 524 979 845.770	55 293 926 012.527	56 215 046 676.367	58 256 643 888.659	61 520 353 727.090	48 600 355 853.273	59 524 336 926.178	71 152 901 785.957	65 351 102 849.592	65 337 017 709.995	68 114 057 544.669
	Imports of goods and services, volume in USD (national accounts basis)	US Dollar, 2015	57 749 941 118.470	62 672 560 911.866	67 535 960 119.600	66 805 938 455.601	64 440 405 061.641	65 096 949 332.318	68 876 100 039.590	73 934 342 285.337	59 220 951 221.591	75 035 040 948.482	91 760 418 157.917	77 603 119 295.441	75 215 815 970.526	78 795 596 042.205
Government accounts	General government net lending as a percentage of GDP	Percentage	-0.401	-1.527	-3.115	-3.396	-4.555	-3.796	-5.244	-4.085	-8.770	-7.822	-5.282	-4.229	-4.434	-3.516
Expenditure and GDP	Exports of goods and services, volume (national accounts basis)	Colombian Peso, 2015	118 690 000 000 000.000	124 241 000 000 000.000	123 882 000 000 000.000	125 936 000 000 000.000	125 673 000 000 000.000	128 902 000 000 000.000	129 730 000 000 000.000	133 731 000 000 000.000	103 430 000 000 000.000	119 862 000 000 000.000	137 649 873 159 171.000	144 604 348 121 539.000	151 028 957 645 228.000	156 405 553 094 476.000
	Government final consumption expenditure, volume	Colombian Peso, 2015	99 725 000 000 000.000	108 596 000 000 000.000	113 674 000 000 000.000	119 188 000 000 000.000	121 362 000 000 000.000	125 783 000 000 000.000	135 030 000 000 000.000	142 152 000 000 000.000	141 071 000 000 000.000	154 922 000 000 000.000	155 394 351 068 606.000	158 495 941 139 018.000	161 632 799 009 087.000	166 615 680 223 436.000
	Gross capital formation, total, volume	Colombian Peso, 2015	160 350 999 999 999.000	172 868 999 999 999.000	193 533 000 000 000.000	191 304 999 999 999.000	190 993 999 999 999.000	184 827 999 999 999.000	187 607 999 999 999.000	193 146 999 999 999.000	152 441 999 999 999.000	171 576 999 999 999.000	200 426 783 673 539.000	151 439 150 175 894.000	143 286 194 557 778.000	158 974 241 872 161.000
	Gross domestic product, nominal value, market prices	Colombian Peso	666 507 000 000 000.000	714 093 000 000 001.000	762 903 000 000 000.000	804 692 000 000 002.000	863 782 000 000 002.000	920 471 000 000 000.000	987 791 000 000 001.000	1 060 068 000 000 000.000	997 741 999 999 998.000	1 192 586 000 000 000.000	1 462 522 439 529 680.000	1 575 759 403 775 620.000	1 694 835 840 423 170.000	1 823 145 780 882 340.000
	Gross domestic product, volume in USD, at constant purchasing power parities	US Dollar, 2015	551 717 596 886.725	580 042 742 559.352	606 139 039 566.357	624 055 911 772.978	637 082 345 675.703	645 742 593 779.036	662 301 527 915.547	683 408 119 872.238	633 845 319 116.795	703 670 944 484.392	754 733 268 996.523	763 763 958 130.311	774 280 655 678.983	797 697 594 018.077
	Gross domestic product, volume in USD, constant exchange rates	US Dollar, 2015	261 553 185 917.237	274 981 309 533.469	287 352 801 146.824	295 846 666 547.814	302 022 118 096.984	306 127 688 582.758	313 977 795 237.390	323 983 813 536.025	300 487 538 424.052	333 589 826 400.029	357 796 981 893.802	362 078 167 644.082	367 063 826 547.668	378 165 112 534.519
	Gross domestic product, volume, market prices	Colombian Peso, 2015	711 414 999 999 999.000	747 939 000 000 001.000	781 589 000 000 001.000	804 691 999 999 999.000	821 489 000 000 001.000	832 655 999 999 999.000	854 008 000 000 000.000	881 224 000 000 000.000	817 315 000 000 000.000	907 351 999 999 999.000	973 194 568 367 916.000	984 839 235 397 510.000	998 400 043 370 298.000	1 028 595 131 006 640.000
	Gross fixed capital formation, total, volume	Colombian Peso, 2015	154 437 000 000 000.000	167 533 000 000 000.000	182 957 000 000 001.000	188 095 000 000 000.000	182 659 000 000 000.000	186 046 000 000 000.000	187 975 000 000 000.000	192 179 000 000 000.000	146 022 000 000 000.000	171 330 000 000 000.000	190 786 503 297 493.000	177 206 743 955 014.000	179 404 248 516 696.000	193 305 288 988 826.000
	Imports of goods and services, volume (national accounts basis)	Colombian Peso, 2015	157 977 000 000 000.000	171 443 000 000 000.000	184 747 000 000 000.000	182 750 000 000 000.000	176 279 000 000 000.000	178 075 000 000 000.000	188 413 000 000 000.000	202 250 000 000 000.000	162 001 000 000 000.000	205 261 000 000 000.000	251 013 859 037 458.000	212 286 068 859 990.000	205 755 516 446 325.000	215 548 131 043 516.000
	Net exports, contributions to changes in real GDP	Percentage, 2015	-0.010	-0.008	-0.016	0.005	0.008	0.002	-0.011	-0.010	0.007	-0.034	-0.029	0.053	0.015	-0.003
	Private final consumption expenditure, volume	Colombian Peso, 2015	490 026 000 000 000.000	512 699 000 000 000.000	534 484 000 000 001.000	551 013 000 000 000.000	559 739 000 000 000.000	571 235 000 000 000.000	589 723 000 000 000.000	613 728 000 000 001.000	583 809 999 999 999.000	668 608 000 000 000.000	732 417 340 921 426.000	740 764 983 970 024.000	743 030 854 733 329.000	756 971 032 988 881.000
Selected variables: ready-made growth rates	Core inflation	Percentage, 2015	2.843	2.655	2.723	4.260	6.086	5.083	3.096	2.755	1.987	1.761	6.412	9.856	6.090	4.022
	Exports of goods and services, volume, growth (national accounts basis)	Percentage, 2015	4.473	4.677	-0.289	1.658	-0.209	2.569	0.642	3.084	-22.658	15.887	14.840	5.052	4.443	3.560
	Government final consumption expenditure, volume, growth	Percentage, 2015	4.807	8.895	4.676	4.851	1.824	3.643	7.352	5.274	-0.760	9.818	0.305	1.996	1.979	3.083
	Gross domestic product, market prices, deflator, growth	Percentage, 2015	3.617	1.908	2.236	2.449	5.148	5.134	4.631	4.003	1.480	7.668	14.338	6.469	6.096	4.413
	Gross domestic product, nominal value, growth	Percentage	7.671	7.140	6.835	5.478	7.343	6.563	7.314	7.317	-5.879	19.528	22.635	7.743	7.557	7.571
	Gross domestic product, volume, growth	Percentage, 2015	3.913	5.134	4.499	2.956	2.087	1.359	2.564	3.187	-7.252	11.016	7.257	1.197	1.377	3.024
	Gross fixed capital formation, total, volume, growth	Percentage, 2015	3.334	8.480	9.207	2.808	-2.890	1.854	1.037	2.236	-24.018	17.332	11.356	-7.118	1.240	7.748
	Headline inflation	Percentage, 2015	3.168	2.018	2.899	4.990	7.513	4.315	3.241	3.520	2.526	3.496	10.176	11.728	6.283	4.022
	Imports of goods and services, volume, growth (national accounts basis)	Percentage, 2015	9.375	8.524	7.760	-1.081	-3.541	1.019	5.805	7.344	-19.901	26.704	22.290	-15.429	-3.076	4.759
	Private final consumption expenditure, volume, growth	Percentage, 2015	5.634	4.627	4.249	3.093	1.584	2.054	3.236	4.071	-4.875	14.525	9.544	1.140	0.306	1.876
Prices and deflators	Consumer price index	Index, 2015	0.907	0.926	0.952	1.000	1.075	1.122	1.158	1.199	1.229	1.272	1.401	1.566	1.664	1.731
	Core inflation index	Index, 2015	0.910	0.934	0.959	1.000	1.061	1.115	1.149	1.181	1.204	1.226	1.304	1.433	1.520	1.581
	Exports of goods and services, deflator (national accounts basis)	Index, 2015	1.056	1.040	1.024	1.000	1.012	1.082	1.211	1.258	1.305	1.625	2.187	2.011	1.970	2.007
	Gross domestic product, market prices, deflator	Index, 2015	0.937	0.955	0.976	1.000	1.051	1.105	1.157	1.203	1.221	1.314	1.503	1.600	1.698	1.772
	Imports of goods and services, deflator (national accounts basis)	Index, 2015	0.845	0.829	0.861	1.000	1.053	1.041	1.082	1.137	1.269	1.390	1.619	1.667	1.631	1.655
	Purchasing power parity, national currency per USD	Colombian Peso	1 215.696	1 218.821	1 232.889	1 289.324	1 298.143	1 328.017	1 322.161	1 330.757	1 297.100	1 353.380	1 391.000	1 412.584	1 444.383	1 486.429
Labour markets	Labour force	Persons	22 117 139.750	22 204 919.917	22 603 421.000	22 971 026.667	23 137 904.583	23 389 467.417	23 625 004.833	23 911 939.333	22 822 045.833	23 654 636.167	24 813 516.083	25 465 335.407	25 863 088.318	26 118 869.280
	Total employment (labour force survey basis)	Persons	19 766 959.500	20 006 415.667	20 479 392.750	20 859 984.250	20 930 862.750	21 127 949.500	21 271 705.667	21 309 813.083	19 050 247.333	20 391 741.417	22 032 180.083	22 923 366.676	23 217 522.151	23 508 630.911
	Unemployment rate	Percentage	10.626	9.901	9.397	9.190	9.539	9.669	9.961	10.882	16.527	13.794	11.209	9.982	10.229	9.994
Monetary data	Long-term interest rate on government bonds	Percentage	6.814	6.495	7.055	7.853	7.906	6.771	6.995	6.497	6.334	7.626	11.682	11.364	10.333	7.657
Monetary data	Short-term interest rate	Percentage	5.354	4.239	4.068	4.578	6.782	5.989	4.709	4.498	3.378	2.073	8.499	13.371	12.203	7.391

Data extracted on 19 Apr 2024 00:24 UTC (GMT) from OECD.Stat

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Economic Outlook No 114 - November 2023. : Colombia

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