Colombia GDP Growth Rate
The Gross Domestic Product (GDP) in Colombia expanded 2.30 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Colombia averaged 1.11 Percent from 2001 until 2014, reaching an all time high of 3.50 Percent in the second quarter of 2002 and a record low of -0.90 Percent in the first quarter of 2002. GDP Growth Rate in Colombia is reported by the Dane, Colombia.
||2001 - 2014
Colombia is the third biggest economy in Latin America. From 2001 to 2012, the country has been growing at an average rate of 1 percent on quarter over quarter basis, mostly due to a rise in exports of commodities. Colombia has been a major exporter of oil, coal and coffee. Yet, in order to reach its full growth potential the country needs to improve its infrastructure, security and reduce income inequality. This page provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.