Gross domestic product in current prices

343,622,114,560 (US dollars) in 2022

In 2022, GDP for Colombia was 343,622 million US dollars. GDP of Colombia increased from 10,315 million US dollars in 1973 to 343,622 million US dollars in 2022 growing at an average annual rate of 8.07%.

The description is composed by our digital data assistant.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Date Value Change, %
2022 343,622,114,560 7.88%
2021 318,511,813,577 17.90%
2020 270,150,956,773 -16.37%
2019 323,031,701,211 -3.34%
2018 334,198,218,101 7.16%
2017 311,866,875,136 10.31%
2016 282,720,100,286 -3.67%
2015 293,492,370,229 -23.02%
2014 381,240,864,422 -0.22%
2013 382,093,697,078 3.08%
2012 370,691,143,087 10.67%
2011 334,966,134,865