Macro‑Economic Monitor

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Colombia economy

Colombia’s economy grew 2.6% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 5.1% in 2025, and 8.3% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth2.6%2025
Inflation (consumer prices)5.1%2025
Unemployment8.3%2025
GDP (US dollars)$457 bn2025
GDP per person (US dollars)$8,5622025
GDP per person (PPP, international dollars)$22,3492024
Current account balance, % of GDP−2.4%2025
Budget balance, % of GDP−4.6%2024
Extreme poverty, % of people below $3.00 a day8.5%2024
Population53.4 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.