Indicators of economy in Colombia

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Colombia, on the other hand, reached USD 6,104 per capita, or 314.46 billion USD for the whole country. Colombia is therefore currently ranked 44 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Colombia ranks 82nd in the list of the richest countries.

Inflation in Colombia in 2021 was around 3.50%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 58.1 percent lower.
The index for perceived corruption in the public sector is 39, which is below average by global standards.


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