Nomad Watch
CO

Colombia

CO · COL · #25 · 33 cities

Nomad score 58/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$31,708
GDP (2031)
$661.1B
GDP growth (2031)
2.8% →
Inflation (2031)
3.0% →
Unemployment (2031)
10.0% →
Population (2031)
54.7M
Population growth (2031)
0.4% ↓
Gini index (2024)
54.4
Government debt (2031)
59.2% of GDP
Current account (2031)
-3.2% of GDP
FDI inflows (2025)
$11.6B
Life expectancy (2024)
77.9 yrs
Health spending (2024)
8.1% of GDP
Internet users (2024)
79.4%
Mobile subscriptions (2024)
174.1/100
Trade openness (2025)
35.4% of GDP
Exchange rate (2025)
4,053.14/USD
Foreign reserves (2025)
$65.8B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
59.2% of GDP
Current account (2031)
-3.2% of GDP
FDI inflows (2025)
$11.6B

Income inequality (Gini)

Gini index (2024)
0.54
Assessment
Very high inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
2.22/1k
Tax revenue (2024)
15.2% of GDP
Services sector (2025)
58.5% of GDP

Financial access and costs

ATMs per 100k (2024)
39.9
Bank branches per 100k (2024)
11.8
ICT service exports (2025)
11.8%
Goods and services tax (2024)
8.9%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $661.1B $31,708 2.8% 3.0% 10.0% 54.7M - 59.2% -3.2% - - - - -
2030 * $632.1B $28,411 2.8% 3.0% 10.0% 54.5M - 59.8% -3.2% - - - - -
2029 * $604.4B $27,309 2.7% 3.0% 10.0% 54.3M - 60.4% -3.0% - - - - -
2028 * $578.2B $26,206 2.6% 3.4% 10.0% 54.0M - 61.0% -2.8% - - - - -
2027 * $554.4B $25,199 2.5% 5.2% 10.0% 53.7M - 61.3% -2.6% - - - - -
2026 * $539.5B $24,308 2.3% 5.9% 9.0% 53.4M - 60.9% -2.5% - - - - -
2025 $457.4B $22,640 2.6% 5.1% 8.0% 53.0M - 59.9% -2.4% $11.6B - - - 4,053.14
2024 $420.5B $22,439 1.5% 6.6% 9.1% 52.7M 54.4 61.0% -1.7% $13.7B 77.9 8.1% 79.4% 4,074.43
2023 $366.9B $21,282 0.8% 11.7% 10.0% 52.2M 54.6 55.4% -2.3% $16.8B 77.7 8.2% 77.3% 4,325.96
2022 $345.6B $20,854 7.3% 10.2% 10.3% 51.7M 54.8 61.3% -6.0% $17.2B 76.5 7.6% 72.8% 4,256.19
2021 $318.5B $17,383 10.8% 3.5% 11.1% 51.1M 55.1 64.4% -5.6% $9.6B 72.7 9.1% 73.0% 3,744.24
2020 $270.3B $15,519 -7.2% 2.5% 13.9% 50.4M 54.4 65.3% -3.4% $7.5B 74.8 8.7% 69.8% 3,693.28
2019 $323.1B $16,182 3.2% 3.5% 9.9% 49.4M 52.5 51.0% -4.6% $14.0B 76.8 7.8% 65.0% 3,281.62
2018 $334.1B $15,239 2.6% 3.2% 10.0% 48.3M 51.6 51.8% -4.2% $11.3B 76.6 7.7% 64.1% 2,955.70
2017 $311.9B $14,401 1.4% 4.3% 8.9% 47.4M 50.9 49.4% -3.2% $13.7B 76.4 7.7% 62.3% 2,951.49
2016 $282.7B $14,027 2.1% 7.5% 9.1% 46.8M 51.7 49.9% -4.5% $13.9B 76.2 7.5% 58.1% 3,055.26
2015 $293.5B $13,332 3.0% 5.0% 8.8% 46.3M 52.0 50.4% -6.4% $11.6B 76.1 7.5% 55.9% 2,741.78
2014 $381.2B $13,355 4.5% 2.9% 9.0% 45.9M 53.6 43.3% -5.2% $16.2B 76.0 7.2% 52.6% 2,001.11
2013 $382.1B $12,780 5.1% 2.0% 8.6% 45.4M 53.5 37.6% -3.2% $16.2B 75.8 7.0% 51.7% 1,868.90
2012 $370.7B $12,093 3.9% 3.2% 9.9% 45.0M 53.6 34.0% -3.1% $15.0B 75.6 6.8% 49.0% 1,798.01
2011 $335.0B $11,707 6.9% 3.4% 10.1% 44.6M 53.3 35.8% -2.9% $14.6B 75.2 6.8% 40.4% 1,848.02
2010 $286.5B $10,841 4.5% 2.3% 11.2% 44.1M 54.4 36.5% -3.0% $6.4B 74.9 7.1% 36.5% 1,899.00
2009 $232.5B $10,367 1.1% 4.2% 11.3% 43.6M 54.1 35.4% -1.9% $8.0B 74.5 7.3% 30.0% 2,157.60
2008 $242.5B $10,307 3.3% 7.0% 11.3% 43.1M 55.0 32.4% -2.7% $10.6B 74.2 6.8% 25.6% 1,965.14
2007 $206.2B $9,909 6.7% 5.5% 11.2% 42.7M - 32.7% -3.0% $8.9B 73.8 6.5% 21.8% 2,077.81
2006 $161.8B $9,154 6.7% 4.3% 12.0% 42.2M - 36.0% -1.8% $6.8B 73.5 6.3% 15.3% 2,358.59
2005 $145.6B $8,432 4.4% 5.0% 11.8% 41.7M 53.9 38.5% -1.3% $10.2B 73.2 6.1% 11.0% 2,321.13
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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