household debts in Colombia

Gross debt in Colombia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Colombia in the period from 1998 to 2020 was between 13.5 billion and 139.7 billion USD. The highest level of the last years at 140 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 2,744 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 22 years in billion USD

YearColombia totalColombia per capitaEU per capita
199813.48 bn USD351 USD14,079 USD
199917.51 bn USD449 USD14,032 USD
200026.43 bn USD667 USD11,232 USD
200130.51 bn USD758 USD11,255 USD
200236.37 bn USD890 USD12,258 USD
200334.68 bn USD836 USD15,286 USD
200440.96 bn USD973 USD17,595 USD
200547.63 bn USD1,117 USD18,327 USD
200650.14 bn USD1,161 USD18,877 USD
200756.12 bn USD1,283 USD20,898 USD
200865.86 bn USD1,488 USD24,086 USD
200967.12 bn USD1,500 USD25,361 USD
201084.59 bn USD1,871 USD26,496 USD
201197.43 bn USD2,134 USD29,231 USD
2012101.37 bn USD2,200 USD28,174 USD
2013112.99 bn USD2,430 USD29,981 USD
2014125.33 bn USD2,668 USD30,648 USD
2015109.47 bn USD2,323 USD25,918 USD
2016105.71 bn USD2,220 USD26,261 USD
2017119.43 bn USD2,470 USD27,024 USD
2018138.23 bn USD2,805 USD28,448 USD
2019131.31 bn USD2,616 USD27,168 USD
2020139.73 bn USD2,744 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Colombia       European Union

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