Colombia CO: GDP: Gross Value Added at Basic Prices
1960 - 2023 | Yearly | COP mn | World Bank
Colombia CO: GDP: Gross Value Added at Basic Prices data was reported at 1,417,575,356.989 COP mn in 2023. This records an increase from the previous number of 1,321,264,000.000 COP mn for 2022. Colombia CO: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 33,294,844.500 COP mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,417,575,356.989 COP mn in 2023 and a record low of 26,583.882 COP mn in 1960. Colombia CO: GDP: Gross Value Added at Basic Prices 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: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
View Colombia's Colombia CO: GDP: Gross Value Added at Basic Prices from 1960 to 2023 in the chart:
What was Colombia's Colombia CO: GDP: Gross Value Added at Basic Prices in 2023?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,417,575,356.989 2023 | 1,321,264,000.000 2022 | 26,583.882 1960 | 1,417,575,356.989 2023 | COP mn | yearly | 1960 - 2023 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 23,024.659 2027 | yearly | 1980 - 2027 |
| Forecast: Nominal GDP Per Capita (USD) | 7,790.612 2028 | yearly | 1980 - 2028 |
| Forecast: Real GDP Growth (%) | 3.345 2028 | yearly | 1980 - 2028 |
| GDP Deflator Growth (%) | 14.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| GDP per Capita (USD) | 6,239.274 2021 | yearly | 1960 - 2021 |
| Gross Fixed Capital Formation (USD mn) | 17,758.070 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Gross National Product (GNP) (USD mn) | 359,767.496 2023 | yearly | 1960 - 2023 |
| Gross Savings Rate (%) | 8.6 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Investment: % of GDP (%) | 14.7 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Nominal GDP (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Nominal GDP Growth (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Private Consumption Expenditure (USD mn) | 78,401.225 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Private Consumption: % of GDP (%) | 74.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Public Consumption Expenditure (USD mn) | 15,594.650 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Public Consumption: % of GDP (%) | 12.4 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Real GDP Growth (%) | 2.9 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 33.989 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 42,142.000 2022 | yearly | 1990 - 2022 |
| Industrial Production Index Growth (%) | -1.9 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Minerals Production (Metric Ton) | 112,754,954.000 2022 | yearly | 2009 - 2022 |
| Motor Vehicle Production (Unit) | 34,700.000 2023 | yearly | 1999 - 2023 |
| Silver Production (Metric Ton) | 29.000 2021 | yearly | 1990 - 2021 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| Building Permits (Unit) | 14,486.000 Aug 2024 | monthly | Jan 2009 - Aug 2024 |
| House Prices Growth (%) | 10.9 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Nominal Residential Property Price Index (2010=100) | 266.556 Mar 2024 | quarterly | Mar 1988 - Mar 2024 |
| Nominal Residential Property Price Index Growth (%) | 7.773 Mar 2024 | quarterly | Mar 1989 - Mar 2024 |
| Real Residential Property Price Index (2010=100) | 138.223 Mar 2024 | quarterly | Mar 1988 - Mar 2024 |
| Real Residential Property Price Index Growth (%) | -0.037 Mar 2024 | quarterly | Mar 1989 - Mar 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.0 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Forecast: Government Expenditure (COP bn) | 710,187.230 2028 | yearly | 1982 - 2028 |
| Forecast: Government Net Debt (COP bn) | 1,224,179.732 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (COP bn) | 667,655.950 2028 | yearly | 1980 - 2028 |
| Government Debt: % of GDP (%) | 58.8 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| National Government Debt (USD mn) | 241,886.6 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Tax Revenue (USD mn) | 3,920.795 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Consolidated Fiscal Balance (USD mn) | -11,124.180 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Tax Revenue: % of GDP (%) | 16.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 23,327,903.583 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Forecast: Population (Person mn) | 54.779 2028 | yearly | 1980 - 2028 |
| Forecast: Unemployment Rate (%) | 8.678 2029 | yearly | 1980 - 2029 |
| Labour Force Participation Rate (%) | 64.5 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Labour Productivity Growth (%) | -0.32 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Population (Person mn) | 52.2 2023 | yearly | 1950 - 2023 |
| Unemployment Rate (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Monthly Earnings (USD) | 281 2021 | yearly | 2019 - 2021 |
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National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: 1994 Price
SNA 1993. GDP: by Expenditure: 2000 Price
SNA 1993: GDP: by Expenditure: Chain Linked 2005 Price: Annual
SNA 1993: GDP: by Expenditure: Current Price: Base 1994: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: Current Price: Base 2005
SNA 1993: GDP: by Industry: 1994 Price: Seasonally Adjusted
SNA 1993: GDP: by Industry: Chain Linked 2005 Price: Annual
SNA 1993: GDP: by Industry: Current Price: Base 1994: Seasonally Adjusted
SNA 1993: GDP: by Industry: Current Price: Base 2005: Annual
SNA 1993: GDP: Gross Capital Formation: Base 1994
SNA 1993: GDP per Capita: Base 2000
Contribution to GDP
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Expenditure: 1994 Price: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: 2000 Price: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally Adjusted
SNA 1993. GDP: by Expenditure: Current Price: Base 2000: Seasonally Adjusted
SNA 1993: GDP: by Industry: 1994 Price
SNA 1993: GDP: by Industry: 2000 Price
SNA 1993: GDP: by Industry: Chain Linked 2005 Price: Seasonally Adjusted
SNA 1993: GDP: by Industry: Current Price: Base 2000
SNA 1993: GDP: by Industry: Current Price: Base 2005: Seasonally Adjusted
SNA 1993: GDP: Main Aggregates: Base 1994
SNA 1993: Gross National Disposable Income: Base 1994