Colombia GDP Growth Rate  2001-2016 | Data | Chart | Calendar | Forecast

The GDP in Colombia expanded 0.60 percent quarter-on-quarter in last three months of 2015, slowing from a downwardly revised 1.1 percent growth in the preceding quarter. Considering full 2015, the GDP expanded 3.1 percent, down from 4.4 percent in 2014 and the weakest in six years. GDP Growth Rate in Colombia averaged 1.07 percent from 2001 until 2015, 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.

Colombia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.20 3.50 -0.90 2001 - 2015 percent Quarterly
Colombia is the fourth 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. Colombia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-10 04:20 PM Q2 0.6% 0.8% 1.23%
2015-12-10 04:30 PM Q3 1.2% 0.5% 0.6%
2016-03-10 04:30 PM Q4 0.6% 1.1% 0.5% 0.98%
2016-06-13 04:15 PM Q1 0.6% 0.4%
2016-09-09 03:20 PM Q2 0.5%
2016-12-09 03:00 PM Q3 0.6%

Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.20 3.50 -0.90 percent [+]
GDP Annual Growth Rate 3.30 3.20 8.00 0.30 percent [+]
GDP 377.74 380.10 380.10 4.00 USD Billion [+]
GDP Constant Prices 134400.00 133601.00 134400.00 3862.00 COP Billion [+]
Gross Fixed Capital Formation 38312.00 38180.00 39461.00 9544.00 COP Billion [+]
GDP per capita 4549.40 4406.08 4549.40 1452.53 USD [+]
GDP per capita PPP 12446.56 12054.50 12446.56 7751.70 USD [+]




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Iceland -1.10 Dec/15
Jamaica -1.20 Sep/15
Brazil -1.40 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15
Nigeria -13.70 Mar/16