Colombia External Debt: % of GDP

Key information about Colombia External Debt: % of GDP

• Colombia External Debt accounted for 53.7 % of the country's Nominal GDP in 2023, compared with the ratio of 53.1 % in the previous year.
• Colombia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1970 to Dec 2023.
• The data reached an all-time high of 57.0 % in Dec 2020 and a record low of 19.0 % in Dec 2008.

CEIC calculates External Debt as % of Nominal GDP from monthly External Debt and quarterly Nominal GDP. The Bank of the Republic of Colombia provides External Debt in USD. National Administrative Department of Statistics provides Nominal GDP in local currency based on SNA 2008. The Bank of the Republic of Colombia average market exchange rate is used for currency conversions. Nominal GDP prior 2005 is based on SNA 1993. External Debt as % of Nominal GDP prior to 2001 is calculated from External Debt and Nominal GDP both sourced from the World Bank.


Related information about Colombia External Debt: % of GDP

• In the latest reports of Colombia, Current Account recorded a deficit of 1.7 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 3.3 USD bn in Sep 2024.
• Colombia Direct Investment Abroad expanded by 825.6 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 1.1 USD bn in Sep 2024.
• The country's External Debt reached 197,361.0 in Sep 2024.
• The country's Nominal GDP was reported at 82.4 USD bn in Mar 2023.

View Colombia's External Debt: % of GDP from 1970 to 2023 in the chart:

What was Colombia's External Debt: % of GDP in 2023?

Colombia External Debt accounted for 53.7 % of the country's Nominal GDP in 2023, compared with the ratio of 53.1 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
53.7 2023	53.1 2022	19.0 2008	57.0 2020	%	yearly	1970 - 2023

External Debt: % of GDP by Country Comparison

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