Colombia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$418.82

Source: world bank Nominal/PPP
Summary:

Colombia GDP Per Capita expanded from 1960 to 2024, increasing from $4.03 to $418.82 .The compound annual growth rate (CAGR) averaged 7.53% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 29.24%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Colombia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 418.82 dollars$ 1,137.52 Int dollars
Growth (YoY)14.34%3.803%
Net Change vs Previous Year$ 52.53 dollars$ 41.68 Int dollars
% of World GDP Per Capita0.38%0.57%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Colombia GDP | Colombia GDP Growth

Colombia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19604.03-----
19614.540.5112.634 %---
19624.960.429.142 %---
19634.84-0.12-2.409 %---
19645.971.1423.514 %---
19655.76-0.21-3.559 %---
19665.43-0.33-5.767 %---
19675.830.47.307 %---
19685.960.142.318 %---
19696.450.498.221 %---
19707.20.7511.599 %---
19717.820.628.641 %---
19728.670.8510.882 %---
197310.321.6418.964 %---
197412.372.0519.914 %---
197513.10.735.89 %---
197615.342.2417.122 %---
197719.474.1326.918 %---
197823.263.7919.478 %---
197927.944.6820.104 %---
198033.45.4619.543 %---
198136.392.998.945 %---
198238.972.587.089 %---
198338.73-0.24-0.611 %---
198438.25-0.48-1.231 %---
198534.89-3.36-8.78 %---
198634.940.050.138 %---
198736.371.434.095 %---
198839.212.847.806 %---
198939.540.330.835 %---
199047.848.321.002 %165.75--
199149.181.332.783 %174.799.045.451 %
199258.429.2418.797 %18611.216.416 %
199366.458.0313.742 %200.6614.667.883 %
199481.715.2622.961 %216.8616.28.074 %
199592.5110.813.223 %232.9316.077.408 %
199697.164.655.03 %242.079.143.924 %
1997106.669.59.778 %254.6912.625.214 %
199898.44-8.22-7.703 %259.024.331.7 %
199986.19-12.26-12.451 %251.64-7.38-2.848 %
200099.8813.6915.883 %264.8713.235.256 %
200198.2-1.67-1.677 %275.3810.513.967 %
200297.95-0.25-0.259 %286.6611.284.097 %
200394.64-3.3-3.37 %303.7817.115.97 %
2004117.0922.4523.717 %328.5824.88.165 %
2005145.628.5124.348 %355.2526.678.116 %
2006161.7916.1911.121 %390.835.5510.008 %
2007206.2344.4427.465 %428.4337.639.63 %
2008242.536.2717.589 %451.0322.595.273 %
2009232.47-10.04-4.138 %458.987.951.764 %
2010286.554.0323.242 %485.4426.465.765 %
2011334.9748.4716.917 %529.8844.449.154 %
2012370.6935.7310.665 %552.8522.974.335 %
2013382.0911.43.076 %589.8136.976.687 %
2014381.24-0.85-0.223 %621.932.095.44 %
2015293.49-87.75-23.017 %626.214.310.693 %
2016282.72-10.77-3.67 %665.439.196.259 %
2017311.8729.1510.309 %693.1227.724.166 %
2018334.222.337.16 %747.153.997.789 %
2019323.03-11.17-3.341 %807.5960.498.096 %
2020270.35-52.68-16.309 %785.74-21.85-2.706 %
2021318.5348.1817.82 %889.81104.0713.245 %
2022345.6327.118.51 %1070.76180.9520.336 %
2023366.2920.665.977 %1095.8425.082.342 %
2024418.8252.5314.34 %1137.5241.683.803 %

Colombia Economic Phases (1960 - 2024)

From 1960 to 2024, Colombia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1962) indicating robust economic expansion
  • Contraction (1965–1966) indicating temporary slowdown
  • High Growth (1969–1982) indicating robust economic expansion
  • Contraction (1983–1985) indicating temporary slowdown
  • Expansion (1986–1987) indicating steady moderate growth
  • High Growth (1992–1997) indicating robust economic expansion
  • Contraction (2001–2003) indicating temporary slowdown
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 27.465%, while the largest decline was in 2015 at -23.017%.