Economy, jobs and prices in Magangué, Colombia: official figures
DANE estimates the value added produced in Magangué at COP 2.54 trillion in 2024 (provisional, current prices), 14th smallest of 74 Colombian cities on this site, 0.16% of the national total of COP 1550.97 trillion.
What is the economic output per person in Magangué?
Value added in 2024 came to about COP 17 million per resident of Magangué (2026 projected population), 22nd lowest 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 Magangué growing?
Between 2019 and 2024 the value added of Magangué rose from COP 1.60 trillion to COP 2.54 trillion in current prices (+59%), 32nd 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 Magangué?
In 2024, 83.0% of the value added in Magangué came from services and trade (tertiary activities), 9.7% from industry and construction and 7.3% from agriculture, livestock, fishing and mining.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow much of the economy of Magangué is industry?
Industry and construction made up 9.7% of the value added of Magangué in 2024, 23rd lowest of 74 Colombian cities on this site; agriculture, livestock, fishing and mining made up 7.3%, 31st highest of 74 Colombian cities on this site.
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow much of Bolívar's economy is in Magangué?
Magangué produced 4.6% of the value added of Bolívar department in 2024 (provisional).
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow has the economy of Magangué changed since 2011?
In current prices the value added of Magangué was COP 856.0 billion in 2011 and COP 2.33 trillion in 2023, against COP 2.54 trillion in 2024 (up 9.2% in the last year; national: up 8.3%).
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copyHow Magangué compares with other cities in Colombia
Value added, 2024 provisional (COP, current prices) (2024)
Magangué ranks 61 of 74, highest first.
| Rank | City | Value added, 2024 provisional (COP, current prices) |
|---|---|---|
| 58 | Girardot | COP 2.63 trillion |
| 59 | Zipaquirá | COP 2.62 trillion |
| 60 | Maicao | COP 2.57 trillion |
| 61 | Magangué | COP 2.54 trillion |
| 62 | Ciénaga | COP 2.34 trillion |
| 63 | Quibdo | COP 2.28 trillion |
| 64 | Ipiales | COP 2.11 trillion |
Value added per resident, 2024 provisional (COP; 2026 projected population) (2024)
Magangué ranks 53 of 74, highest first.
| Rank | City | Value added per resident, 2024 provisional (COP; 2026 projected population) |
|---|---|---|
| 50 | Sincelejo | COP 17 million |
| 51 | Ipiales | COP 17 million |
| 52 | Ciénaga | COP 17 million |
| 53 | Magangué | COP 17 million |
| 54 | Santa Marta | COP 17 million |
| 55 | Bello | COP 16 million |
| 56 | Soledad | COP 16 million |
Change in value added 2019-2024 (current prices) (2019-2024)
Magangué ranks 43 of 74, highest first.
| Rank | City | Change in value added 2019-2024 (current prices) |
|---|---|---|
| 40 | Bello | +59% |
| 41 | Ipiales | +59% |
| 42 | San Andrés de Tumaco | +59% |
| 43 | Magangué | +59% |
| 44 | Popayán | +59% |
| 45 | Malambo | +58% |
| 46 | Cúcuta | +58% |
Industry and construction share of value added, 2024 (2024)
Magangué ranks 52 of 74, highest first.
| Rank | City | Industry and construction share of value added, 2024 |
|---|---|---|
| 49 | Sincelejo | 10.2% |
| 50 | Armenia | 10.1% |
| 51 | Cereté | 9.8% |
| 52 | Magangué | 9.7% |
| 53 | Cali | 9.7% |
| 54 | Pasto | 9.1% |
| 55 | Tunja | 8.8% |
Agriculture, livestock, fishing and mining share of value added, 2024 (2024)
Magangué ranks 31 of 74, highest first.
| Rank | City | Agriculture, livestock, fishing and mining share of value added, 2024 |
|---|---|---|
| 28 | Tuluá | 8.0% |
| 29 | Riohacha | 8.0% |
| 30 | Madrid | 7.9% |
| 31 | Magangué | 7.3% |
| 32 | Armenia | 7.1% |
| 33 | Pereira | 6.4% |
| 34 | Ibagué | 5.9% |
More on Magangué: 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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