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

DANE estimates the value added produced in Palmira at COP 11.18 trillion in 2024 (provisional, current prices), 17th largest of 74 Colombian cities on this site, 0.72% of the national total of COP 1550.97 trillion.

Value added (current prices)
COP 11.18 trillion
2024

What is the economic output per person in Palmira?

Value added in 2024 came to about COP 29 million per resident of Palmira (2026 projected population), 22nd highest 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 Palmira growing?

Between 2019 and 2024 the value added of Palmira rose from COP 6.87 trillion to COP 11.18 trillion in current prices (+63%), 29th fastest 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 Palmira?

In 2024, 65.6% of the value added in Palmira came from services and trade (tertiary activities), 25.2% from industry and construction and 9.2% from agriculture, livestock, fishing and mining.

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

How much of the economy of Palmira is industry?

Industry and construction made up 25.2% of the value added of Palmira in 2024, 18th highest of 74 Colombian cities on this site; agriculture, livestock, fishing and mining made up 9.2%, 26th highest of 74 Colombian cities on this site.

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

How much of Valle del Cauca's economy is in Palmira?

Palmira produced 7.5% of the value added of Valle del Cauca department in 2024 (provisional).

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

How has the economy of Palmira changed since 2011?

In current prices the value added of Palmira was COP 4.29 trillion in 2011 and COP 10.49 trillion in 2023, against COP 11.18 trillion in 2024 (up 6.5% in the last year; national: up 8.3%).

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

How Palmira compares with other cities in Colombia

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

Palmira ranks 17 of 74, highest first.

RankCityValue added, 2024 provisional (COP, current prices)
14ItagüíCOP 12.20 trillion
15ManizalesCOP 11.96 trillion
16SoledadCOP 11.87 trillion
17PalmiraCOP 11.18 trillion
18SoachaCOP 9.95 trillion
19BelloCOP 9.90 trillion
20Santa MartaCOP 9.80 trillion
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Palmira ranks 22 of 74, highest first.

RankCityValue added per resident, 2024 provisional (COP; 2026 projected population)
19PereiraCOP 31 million
20CaliCOP 29 million
21TunjaCOP 29 million
22PalmiraCOP 29 million
23FacatativáCOP 29 million
24ChíaCOP 28 million
25CartagoCOP 28 million
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Palmira ranks 29 of 74, highest first.

RankCityChange in value added 2019-2024 (current prices)
26Pereira+65%
27Gudalajara de Buga+63%
28Montería+63%
29Palmira+63%
30Santa Marta+62%
31Ocaña+62%
32Apartadó+62%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Palmira ranks 18 of 74, highest first.

RankCityIndustry and construction share of value added, 2024
15Girón28.3%
16Turbaco28.1%
17Aguachica25.9%
18Palmira25.2%
19Cartago23.0%
20Envigado21.4%
21Pereira21.3%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Palmira ranks 26 of 74, highest first.

RankCityAgriculture, livestock, fishing and mining share of value added, 2024
23Aguachica10.1%
24Mosquera9.7%
25Villavicencio9.4%
26Palmira9.2%
27Los Patios8.1%
28Tuluá8.0%
29Riohacha8.0%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Sources

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