Colombia GDP Growth Rate (2026)
Colombia has a diversified Latin American economy supported by services, energy, agriculture, manufacturing, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.3%
Annual real GDP growth
World Rank
#122
Out of 195 countries
Change vs 2025
-0.3 pp
2025: +2.6%
South America Rank
#9
Out of 12 countries
1. Colombia GDP Growth Rate in 2026
Colombian economic growth is influenced by consumer demand, investment, oil exports, services, and agricultural activity. Interest rates, inflation, fiscal policy, and global commodity prices also affect momentum.
2. Colombia GDP Growth Rate Trends (1980–2026)
Colombia’s growth history has reflected commodity cycles, domestic consumption, investment, and changing financial conditions. Energy exports and services have been important contributors to long-term economic activity.
3. Colombia GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.3% | -0.3 pp |
| 2025 | +2.6% | +1.1 pp |
| 2024 | +1.5% | +0.7 pp |
| 2023 | +0.8% | -6.5 pp |
| 2022 | +7.3% | -3.5 pp |
| 2021 | +10.8% | +18.0 pp |
| 2020 | -7.2% | -10.4 pp |
| 2019 | +3.2% | +0.6 pp |
| 2018 | +2.6% | +1.2 pp |
| 2017 | +1.4% | -0.7 pp |
| 2016 | +2.1% | -0.9 pp |
| 2015 | +3.0% | -1.5 pp |
| 2014 | +4.5% | -0.6 pp |
| 2013 | +5.1% | +1.2 pp |
| 2012 | +3.9% | -3.0 pp |
| 2011 | +6.9% | +2.4 pp |
| 2010 | +4.5% | +3.4 pp |
| 2009 | +1.1% | -2.2 pp |
| 2008 | +3.3% | -3.4 pp |
| 2007 | +6.7% | 0.0 pp |
| 2006 | +6.7% | +2.3 pp |
| 2005 | +4.4% | -0.9 pp |
| 2004 | +5.3% | +1.4 pp |
| 2003 | +3.9% | +1.4 pp |
| 2002 | +2.5% | +0.8 pp |
| 2001 | +1.7% | -1.2 pp |
| 2000 | +2.9% | +7.1 pp |
| 1999 | -4.2% | -4.8 pp |
| 1998 | +0.6% | -2.8 pp |
| 1997 | +3.4% | +1.3 pp |
| 1996 | +2.1% | -3.1 pp |
| 1995 | +5.2% | +0.1 pp |
| 1994 | +5.1% | -0.6 pp |
| 1993 | +5.7% | +1.3 pp |
| 1992 | +4.4% | +2.0 pp |
| 1991 | +2.4% | -1.9 pp |
| 1990 | +4.3% | +0.9 pp |
| 1989 | +3.4% | -0.7 pp |
| 1988 | +4.1% | -1.3 pp |
| 1987 | +5.4% | -0.4 pp |
| 1986 | +5.8% | +2.7 pp |
| 1985 | +3.1% | -0.3 pp |
| 1984 | +3.4% | +1.8 pp |
| 1983 | +1.6% | +0.7 pp |
| 1982 | +0.9% | -1.4 pp |
| 1981 | +2.3% | -2.1 pp |
| 1980 | +4.4% | — |
4. Colombia GDP Growth Performance
Current Growth Rate
+2.3%
(2026 to 2026)
5-Year Average
+2.9%
(2022 to 2026)
10-Year Average
+2.5%
(2017 to 2026)
20-Year Average
+3.3%
(2007 to 2026)
Colombia benefits from a large domestic market and diverse industries, although high borrowing costs and weaker investment can constrain expansion. Improving inflation and financial conditions can support a gradual recovery.
5. Colombia GDP Growth Rate vs South America and World
Colombia
+2.3%
South America Average
+3.5%
World Average
+2.8%
0.0%
1.8%
3.5%
Annual real GDP growth (%)
Colombia’s GDP growth rate is approximately
1.2 pp
below the
South America average
and
0.5 pp
below the world average.
6. Colombia GDP Growth Rate Ranking in South America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #4 | Suriname | +3.9% |
| #5 | Argentina | +3.5% |
| #6 | Peru | +2.8% |
| #7 | Ecuador | +2.5% |
| #8 | Chile | +2.4% |
| #9 | Colombia | +2.3% |
| #10 | Brazil | +1.9% |
| #11 | Uruguay | +1.8% |
| #12 | Bolivia | -3.3% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Colombia
Colombia GDP (Nominal)
$539.5 Billion
(2026)
Colombia GDP Growth Rate
+2.3%
(2026)
Colombia generally grows at a moderate pace within Latin America, with performance influenced by oil prices, domestic demand, and financial conditions. Its diversified economy provides some protection from commodity volatility.
Explore more:
Colombia GDP
9. Colombia GDP Growth Rate Forecast
The outlook depends on household spending, investment, interest rates, energy production, and fiscal conditions. Political uncertainty and weaker commodity markets remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.5% | +0.2 pp |
| 2028 | +2.6% | +0.1 pp |
| 2029 | +2.7% | +0.1 pp |
| 2030 | +2.8% | +0.1 pp |
10. Colombia GDP Growth Rate: Key Findings
Colombia GDP growth rate is estimated at +2.3% in 2026.
It ranks #122 globally and #9 in South America by annual GDP growth rate.
The growth rate slowed by 0.3 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.9%.
The 10-year average GDP growth rate is +2.5%.
The current rate is 1.2 percentage points below the South America average.
The current rate is 0.5 percentage points below the world average.
The forecast GDP growth rate is +2.8% in 2030, 0.5 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Colombia GDP Growth Rate FAQs
Colombia GDP growth rate is estimated at +2.3% in 2026.
Colombia ranks #122 globally and #9 in South America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.3% in 2026.
Colombia GDP growth rate was +3.0% in 2015.
Colombia GDP growth rate is 1.2 percentage points below the South America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.