Colombia Balance of Payments: Current Account
CO: BOP: Current Account: Balance
CO: BOP: Current Account: Balance data was reported at -9.715 USD bn in 2023. This records an increase from the previous number of -21.367 USD bn for 2022. CO: BOP: Current Account: Balance data is updated yearly, averaging -1.878 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 2.349 USD bn in 1991 and a record low of -21.367 USD bn in 2022. CO: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -9,715.359 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Balance from 1968 to 2023 in the chart:
CO: BOP: Current Account: Balance: % of GDP
CO: BOP: Current Account: Balance: % of GDP data was reported at -2.672 % in 2023. This records an increase from the previous number of -6.187 % for 2022. CO: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -2.798 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 4.732 % in 1991 and a record low of -7.837 % in 1982. CO: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -2.672 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Balance: % of GDP from 1968 to 2023 in the chart:
CO: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
CO: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 215.751 USD mn in 2023. This records an increase from the previous number of 165.989 USD mn for 2022. CO: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 13.536 USD mn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 215.751 USD mn in 2023 and a record low of 0.136 USD mn in 1994. CO: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 215.751 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Goods and Services
CO: BOP: Current Account: Exports: Goods and Services data was reported at 68.286 USD bn in 2023. This records a decrease from the previous number of 73.287 USD bn for 2022. CO: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 12.705 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 73.287 USD bn in 2022 and a record low of 763.000 USD mn in 1968. CO: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 68,285.809 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Goods and Services from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Goods, Services and Primary Income
CO: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 77.063 USD bn in 2023. This records a decrease from the previous number of 80.262 USD bn for 2022. CO: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 13.402 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 80.262 USD bn in 2022 and a record low of 787.000 USD mn in 1968. CO: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 77,063.013 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Goods, Services and Primary Income from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Service
CO: BOP: Current Account: Exports: Service data was reported at 15.644 USD bn in 2023. This records an increase from the previous number of 13.813 USD bn for 2022. CO: BOP: Current Account: Exports: Service data is updated yearly, averaging 1.917 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 15.644 USD bn in 2023 and a record low of 158.000 USD mn in 1968. CO: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 15,643.889 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Service from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
CO: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 32.767 % in 2023. This records a decrease from the previous number of 35.501 % for 2022. CO: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 20.675 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 50.940 % in 2020 and a record low of 11.560 % in 1976. CO: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 32.767 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
CO: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 1.204 % in 2023. This records an increase from the previous number of 0.834 % for 2022. CO: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 5.173 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 16.500 % in 1990 and a record low of 0.814 % in 2016. CO: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1.204 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Service: Transport: % of Service Exports
CO: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 17.722 % in 2023. This records a decrease from the previous number of 18.612 % for 2022. CO: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 31.287 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 47.978 % in 1969 and a record low of 17.722 % in 2023. CO: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 17.722 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Exports: Service: Travel: % of Service Exports
CO: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 48.307 % in 2023. This records an increase from the previous number of 45.053 % for 2022. CO: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 40.238 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 55.265 % in 2001 and a record low of 22.456 % in 1985. CO: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 48.307 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Goods
CO: BOP: Current Account: Imports: Goods data was reported at 59.373 USD bn in 2023. This records a decrease from the previous number of 71.652 USD bn for 2022. CO: BOP: Current Account: Imports: Goods data is updated yearly, averaging 11.158 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 71.652 USD bn in 2022 and a record low of 615.000 USD mn in 1968. CO: BOP: Current Account: Imports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 59,373.499 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Goods from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Goods and Services
CO: BOP: Current Account: Imports: Goods and Services data was reported at 76.275 USD bn in 2023. This records a decrease from the previous number of 89.714 USD bn for 2022. CO: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 14.178 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 89.714 USD bn in 2022 and a record low of 858.000 USD mn in 1968. CO: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 76,275.171 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Goods and Services from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Goods, Services and Primary Income
CO: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 99.152 USD bn in 2023. This records a decrease from the previous number of 113.775 USD bn for 2022. CO: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 16.852 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 113.775 USD bn in 2022 and a record low of 982.000 USD mn in 1968. CO: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 99,152.398 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Goods, Services and Primary Income from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Service
CO: BOP: Current Account: Imports: Service data was reported at 16.902 USD bn in 2023. This records a decrease from the previous number of 18.062 USD bn for 2022. CO: BOP: Current Account: Imports: Service data is updated yearly, averaging 3.001 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 18.062 USD bn in 2022 and a record low of 243.000 USD mn in 1968. CO: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 16,901.672 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Service from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
CO: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 34.530 % in 2023. This records an increase from the previous number of 29.649 % for 2022. CO: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 25.531 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 38.781 % in 2020 and a record low of 13.087 % in 1994. CO: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 34.530 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
CO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 10.843 % in 2023. This records an increase from the previous number of 10.668 % for 2022. CO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 11.906 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 25.455 % in 2020 and a record low of 6.982 % in 1976. CO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 10.843 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Service: Transport: % of Service Imports
CO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 24.702 % in 2023. This records a decrease from the previous number of 36.013 % for 2022. CO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 35.114 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 51.089 % in 1982 and a record low of 19.412 % in 2017. CO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 24.702 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Imports: Service: Travel: % of Service Imports
CO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 29.895 % in 2023. This records an increase from the previous number of 23.760 % for 2022. CO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 26.941 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 38.970 % in 1987 and a record low of 13.381 % in 2020. CO: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 29.895 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1968 to 2023 in the chart:
CO: BOP: Current Account: Net Trade: Goods
CO: BOP: Current Account: Net Trade: Goods data was reported at -6.732 USD bn in 2023. This records an increase from the previous number of -12.178 USD bn for 2022. CO: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 187.500 USD mn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 6.137 USD bn in 2011 and a record low of -13.984 USD bn in 2021. CO: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -6,731.579 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Net Trade: Goods from 1968 to 2023 in the chart:
CO: BOP: Current Account: Net Trade: Goods and Services
CO: BOP: Current Account: Net Trade: Goods and Services data was reported at -7.989 USD bn in 2023. This records an increase from the previous number of -16.427 USD bn for 2022. CO: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging -888.133 USD mn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 2.740 USD bn in 1991 and a record low of -20.001 USD bn in 2021. CO: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -7,989.362 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Net Trade: Goods and Services from 1968 to 2023 in the chart:
CO: BOP: Current Account: Personal Remittances: Paid
CO: BOP: Current Account: Personal Remittances: Paid data was reported at 433.333 USD mn in 2023. This records a decrease from the previous number of 449.510 USD mn for 2022. CO: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 91.674 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 449.510 USD mn in 2022 and a record low of 13.000 USD mn in 1970. CO: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 433.333 2023 | yearly | 1970 - 2023 |
View Colombia's CO: BOP: Current Account: Personal Remittances: Paid from 1970 to 2023 in the chart:
CO: BOP: Current Account: Personal Remittances: Received
CO: BOP: Current Account: Personal Remittances: Received data was reported at 10.112 USD bn in 2023. This records an increase from the previous number of 9.455 USD bn for 2022. CO: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 848.059 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 10.112 USD bn in 2023 and a record low of 22.066 USD mn in 1971. CO: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 10,111.593 2023 | yearly | 1970 - 2023 |
View Colombia's CO: BOP: Current Account: Personal Remittances: Received from 1970 to 2023 in the chart:
CO: BOP: Current Account: Personal Remittances: Received: % of GDP
CO: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 2.781 % in 2023. This records an increase from the previous number of 2.738 % for 2022. CO: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 1.175 % from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 3.250 % in 2003 and a record low of 0.176 % in 1975. CO: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 2.781 2023 | yearly | 1970 - 2023 |
View Colombia's CO: BOP: Current Account: Personal Remittances: Received: % of GDP from 1970 to 2023 in the chart:
CO: BOP: Current Account: Primary Income: Net
CO: BOP: Current Account: Primary Income: Net data was reported at -14.100 USD bn in 2023. This records an increase from the previous number of -17.086 USD bn for 2022. CO: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -2.076 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of -100.000 USD mn in 1968 and a record low of -17.086 USD bn in 2022. CO: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -14,100.023 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Primary Income: Net from 1968 to 2023 in the chart:
CO: BOP: Current Account: Primary Income: Payments
CO: BOP: Current Account: Primary Income: Payments data was reported at 22.877 USD bn in 2023. This records a decrease from the previous number of 24.061 USD bn for 2022. CO: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 2.616 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 24.061 USD bn in 2022 and a record low of 124.000 USD mn in 1968. CO: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 22,877.227 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Primary Income: Payments from 1968 to 2023 in the chart:
CO: BOP: Current Account: Primary Income: Receipts
CO: BOP: Current Account: Primary Income: Receipts data was reported at 8.777 USD bn in 2023. This records an increase from the previous number of 6.975 USD bn for 2022. CO: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 702.736 USD mn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 8.777 USD bn in 2023 and a record low of 23.886 USD mn in 1972. CO: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 8,777.204 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Primary Income: Receipts from 1968 to 2023 in the chart:
CO: BOP: Current Account: Secondary Income: Net
CO: BOP: Current Account: Secondary Income: Net data was reported at 12.936 USD bn in 2023. This records an increase from the previous number of 12.308 USD bn for 2022. CO: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 1.103 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 12.936 USD bn in 2023 and a record low of 31.000 USD mn in 1968. CO: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 12,935.611 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Secondary Income: Net from 1968 to 2023 in the chart:
CO: BOP: Current Account: Secondary Income: Receipts
CO: BOP: Current Account: Secondary Income: Receipts data was reported at 14.413 USD bn in 2023. This records an increase from the previous number of 13.681 USD bn for 2022. CO: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 1.306 USD bn from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 14.413 USD bn in 2023 and a record low of 38.000 USD mn in 1968. CO: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 14,412.612 2023 | yearly | 1968 - 2023 |
View Colombia's CO: BOP: Current Account: Secondary Income: Receipts from 1968 to 2023 in the chart:
CO: BOP: Current Account: Trade in Services: % of GDP
CO: BOP: Current Account: Trade in Services: % of GDP data was reported at 8.952 % in 2023. This records a decrease from the previous number of 9.230 % for 2022. CO: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 6.864 % from Dec 1968 (Median) to 2023, with 56 observations. The data reached an all-time high of 9.230 % in 2022 and a record low of 4.905 % in 1995. CO: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 8.952 2023 | yearly | 1968 - 2023 |