Economy, jobs and prices in Ibagué, Colombia: official figures
DANE estimates the value added produced in Ibagué at COP 13.66 trillion in 2024 (provisional, current prices), 11th largest of 74 Colombian cities on this site, 0.88% of the national total of COP 1550.97 trillion.
What is the economic output per person in Ibagué?
Value added in 2024 came to about COP 25 million per resident of Ibagué (2026 projected population), 30th highest of 74 Colombian cities on this site; the national figure was COP 29 million.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow fast is the economy of Ibagué growing?
Between 2019 and 2024 the value added of Ibagué rose from COP 8.79 trillion to COP 13.66 trillion in current prices (+55%), 17th slowest growth of 74 Colombian cities on this site; nationally the rise was 62%.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyWhat are the main industries in Ibagué?
In 2024, 79.2% of the value added in Ibagué came from services and trade (tertiary activities), 14.9% from industry and construction and 5.9% from agriculture, livestock, fishing and mining.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow much of the economy of Ibagué is industry?
Industry and construction made up 14.9% of the value added of Ibagué in 2024, 33rd highest of 74 Colombian cities on this site; agriculture, livestock, fishing and mining made up 5.9%, 34th highest of 74 Colombian cities on this site.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow much of Tolima's economy is in Ibagué?
Ibagué produced 39.4% of the value added of Tolima department in 2024 (provisional).
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow has the economy of Ibagué changed since 2011?
In current prices the value added of Ibagué was COP 4.61 trillion in 2011 and COP 12.56 trillion in 2023, against COP 13.66 trillion in 2024 (up 8.7% in the last year; national: up 8.3%).
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow Ibagué compares with other cities in Colombia
Value added, 2024 provisional (COP, current prices) (2024)
Ibagué ranks 11 of 74, highest first.
| Rank | City | Value added, 2024 provisional (COP, current prices) |
|---|---|---|
| 8 | Pereira | COP 15.17 trillion |
| 9 | Cúcuta | COP 14.19 trillion |
| 10 | Yumbo | COP 13.67 trillion |
| 11 | Ibagué | COP 13.66 trillion |
| 12 | Villavicencio | COP 12.84 trillion |
| 13 | Envigado | COP 12.81 trillion |
| 14 | Itagüí | COP 12.20 trillion |
Value added per resident, 2024 provisional (COP; 2026 projected population) (2024)
Ibagué ranks 30 of 74, highest first.
| Rank | City | Value added per resident, 2024 provisional (COP; 2026 projected population) |
|---|---|---|
| 27 | Girardot | COP 25 million |
| 28 | Manizales | COP 25 million |
| 29 | Tuluá | COP 25 million |
| 30 | Ibagué | COP 25 million |
| 31 | Piedecuesta | COP 24 million |
| 32 | Santander de Quilichao | COP 24 million |
| 33 | Floridablanca | COP 24 million |
Change in value added 2019-2024 (current prices) (2019-2024)
Ibagué ranks 58 of 74, highest first.
| Rank | City | Change in value added 2019-2024 (current prices) |
|---|---|---|
| 55 | Facatativá | +56% |
| 56 | Medellín | +56% |
| 57 | Tuluá | +56% |
| 58 | Ibagué | +55% |
| 59 | Sahagún | +54% |
| 60 | Cali | +52% |
| 61 | Villavicencio | +52% |
Industry and construction share of value added, 2024 (2024)
Ibagué ranks 33 of 74, highest first.
| Rank | City | Industry and construction share of value added, 2024 |
|---|---|---|
| 30 | Soacha | 15.9% |
| 31 | Los Patios | 14.9% |
| 32 | Cúcuta | 14.9% |
| 33 | Ibagué | 14.9% |
| 34 | Soledad | 13.8% |
| 35 | Bello | 13.6% |
| 36 | Zipaquirá | 13.5% |
Agriculture, livestock, fishing and mining share of value added, 2024 (2024)
Ibagué ranks 34 of 74, highest first.
| Rank | City | Agriculture, livestock, fishing and mining share of value added, 2024 |
|---|---|---|
| 31 | Magangué | 7.3% |
| 32 | Armenia | 7.1% |
| 33 | Pereira | 6.4% |
| 34 | Ibagué | 5.9% |
| 35 | Montería | 5.8% |
| 36 | Maicao | 5.3% |
| 37 | Villa del Rosario | 5.1% |
More on Ibagué: overview · health · education and schools · poverty and living standards · government budget · all cities in Colombia
Sources
- Departamento Administrativo Nacional de Estadística (DANE): Valor agregado por municipio, base 2015, serie 2011-2024 provisional (current prices, thousands of millions of pesos; updated 3 July 2026), read 23 October 2026 · saved copy (SHA-256 083bb4b8501d…)
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