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

The GDP in Colombia advanced 1.2 percent year-on-year in the third quarter of 2016, lower than a 2 percent expansion in the previous period. It is the lowest growth rate since the second quarter of 2009 as expansion slowed for finances, insurance and real estate (3.9 percent vs 4.6 percent in Q2), manufacturing (2 percent vs 6 percent in Q1), internal trade (0.1 percent vs 1.4 percent in Q2) and agriculture shrank 1.7 percent (-0.1 percent in Q2). On the positive side, the contraction in mining slowed (-6.1 percent vs -7.1 percent) and construction surged (5.8 percent vs 1 percent in Q2). On a quarterly basis, the GDP advanced 0.3 percent, higher than a 0.2 percent growth in the previous period. Considering the first nine months of the year, the Colombian economy advanced 1.9 percent. GDP Annual Growth Rate in Colombia averaged 4.15 percent from 2001 until 2016, reaching an all time high of 8.00 percent in the first quarter of 2007 and a record low of 0.30 percent in the fourth quarter of 2008.

Colombia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-03 04:00 PM Q1 2.5% 3.4% 2.6% 2.8%
2016-08-29 04:00 PM Q2 2% 2.5% 2.3% 2.4%
2016-11-25 04:00 PM Q3 1.2% 2% 2.1%
2017-03-10 04:30 PM Q4 1.25%
2017-06-02 04:00 PM Q1 1.27%
2017-08-29 04:00 PM Q2 1.14%




Colombia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.20 3.40 -0.90 percent [+]
GDP Annual Growth Rate 1.20 2.00 8.00 0.30 percent [+]
GDP 292.08 378.42 380.19 4.00 USD Billion [+]
GDP Constant Prices 135169.00 134931.00 135169.00 70990.00 COP Billion [+]
Gross Fixed Capital Formation 37850.00 37428.00 39323.00 9545.00 COP Billion [+]
GDP per capita 7447.78 7291.22 7447.78 2213.22 USD [+]
GDP per capita PPP 13800.80 13376.60 13800.80 4869.20 USD [+]



Colombia GDP Annual Growth Rate Notes

The biggest and the fastest growing sector of Colombian economy is services. Financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication account for more than 53 percent of GDP. Manufacturing, mining and quarrying create 20 percent of the wealth. The government fuels 10 percent of the output. Agriculture, hunting, forestry and fishing account for 6.3 percent of GDP, construction for 6 percent and electricity, gas and water distribution for the remaining 4 percent. This page provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 2.00 8.00 0.30 2001 - 2016 percent Quarterly



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