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Economy, jobs and prices in Ipiales, Colombia: official figures

DANE estimates the value added produced in Ipiales at COP 2.11 trillion in 2024 (provisional, current prices), 11th smallest of 74 Colombian cities on this site, 0.14% of the national total of COP 1550.97 trillion.

Value added (current prices)
COP 2.11 trillion
2024

What is the economic output per person in Ipiales?

Value added in 2024 came to about COP 17 million per resident of Ipiales (2026 projected population), 24th lowest of 74 Colombian cities on this site; the national figure was COP 29 million.

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

How fast is the economy of Ipiales growing?

Between 2019 and 2024 the value added of Ipiales rose from COP 1.32 trillion to COP 2.11 trillion in current prices (+59%), 34th slowest growth of 74 Colombian cities on this site; nationally the rise was 62%.

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

What are the main industries in Ipiales?

In 2024, 81.8% of the value added in Ipiales came from services and trade (tertiary activities), 5.1% from industry and construction and 13.1% from agriculture, livestock, fishing and mining.

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

How much of the economy of Ipiales is industry?

Industry and construction made up 5.1% of the value added of Ipiales in 2024, 4th lowest of 74 Colombian cities on this site; agriculture, livestock, fishing and mining made up 13.1%, 16th highest of 74 Colombian cities on this site.

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

How much of Nariño's economy is in Ipiales?

Ipiales produced 8.5% of the value added of Nariño department in 2024 (provisional).

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

How has the economy of Ipiales changed since 2011?

In current prices the value added of Ipiales was COP 666.1 billion in 2011 and COP 1.86 trillion in 2023, against COP 2.11 trillion in 2024 (up 13.2% in the last year; national: up 8.3%).

Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

How Ipiales compares with other cities in Colombia

Value added, 2024 provisional (COP, current prices) (2024)

Ipiales ranks 64 of 74, highest first.

RankCityValue added, 2024 provisional (COP, current prices)
61MaganguéCOP 2.54 trillion
62CiénagaCOP 2.34 trillion
63QuibdoCOP 2.28 trillion
64IpialesCOP 2.11 trillion
65LoricaCOP 1.89 trillion
66TurbacoCOP 1.81 trillion
67AguachicaCOP 1.68 trillion
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

Value added per resident, 2024 provisional (COP; 2026 projected population) (2024)

Ipiales ranks 51 of 74, highest first.

RankCityValue added per resident, 2024 provisional (COP; 2026 projected population)
48RiohachaCOP 19 million
49CúcutaCOP 18 million
50SincelejoCOP 17 million
51IpialesCOP 17 million
52CiénagaCOP 17 million
53MaganguéCOP 17 million
54Santa MartaCOP 17 million
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

Change in value added 2019-2024 (current prices) (2019-2024)

Ipiales ranks 41 of 74, highest first.

RankCityChange in value added 2019-2024 (current prices)
38Sincelejo+60%
39Valledupar+60%
40Bello+59%
41Ipiales+59%
42San Andrés de Tumaco+59%
43Magangué+59%
44Popayán+59%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

Industry and construction share of value added, 2024 (2024)

Ipiales ranks 71 of 74, highest first.

RankCityIndustry and construction share of value added, 2024
68Yopal6.1%
69Lorica5.7%
70Turbo5.3%
71Ipiales5.1%
72Sabanalarga4.8%
73Quibdo4.3%
74Arauca2.0%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

Agriculture, livestock, fishing and mining share of value added, 2024 (2024)

Ipiales ranks 16 of 74, highest first.

RankCityAgriculture, livestock, fishing and mining share of value added, 2024
13Jamundí15.6%
14Lorica15.5%
15Piedecuesta14.4%
16Ipiales13.1%
17Cereté12.6%
18Sahagún12.4%
19Barrancabermeja11.1%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

More on Ipiales: overview · health · education and schools · poverty and living standards · government budget · all cities in Colombia

Sources

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