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Economy, jobs and prices in Santa Marta, Colombia: official figures

DANE estimates the value added produced in Santa Marta at COP 9.80 trillion in 2024 (provisional, current prices), 20th largest of 74 Colombian cities on this site, 0.63% of the national total of COP 1550.97 trillion.

Value added (current prices)
COP 9.80 trillion
2024

What is the economic output per person in Santa Marta?

Value added in 2024 came to about COP 17 million per resident of Santa Marta (2026 projected population), 21st 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 Santa Marta growing?

Between 2019 and 2024 the value added of Santa Marta rose from COP 6.03 trillion to COP 9.80 trillion in current prices (+62%), 30th 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 Santa Marta?

In 2024, 85.4% of the value added in Santa Marta came from services and trade (tertiary activities), 10.6% from industry and construction and 4.0% from agriculture, livestock, fishing and mining.

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

How much of the economy of Santa Marta is industry?

Industry and construction made up 10.6% of the value added of Santa Marta in 2024, 28th lowest of 74 Colombian cities on this site; agriculture, livestock, fishing and mining made up 4.0%, 34th lowest of 74 Colombian cities on this site.

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

How much of Magdalena's economy is in Santa Marta?

Santa Marta produced 42.2% of the value added of Magdalena department in 2024 (provisional).

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

How has the economy of Santa Marta changed since 2011?

In current prices the value added of Santa Marta was COP 3.02 trillion in 2011 and COP 8.76 trillion in 2023, against COP 9.80 trillion in 2024 (up 11.9% in the last year; national: up 8.3%).

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

How Santa Marta compares with other cities in Colombia

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

Santa Marta ranks 20 of 74, highest first.

RankCityValue added, 2024 provisional (COP, current prices)
17PalmiraCOP 11.18 trillion
18SoachaCOP 9.95 trillion
19BelloCOP 9.90 trillion
20Santa MartaCOP 9.80 trillion
21NeivaCOP 9.47 trillion
22PastoCOP 9.00 trillion
23ValleduparCOP 8.79 trillion
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Santa Marta ranks 54 of 74, highest first.

RankCityValue added per resident, 2024 provisional (COP; 2026 projected population)
51IpialesCOP 17 million
52CiénagaCOP 17 million
53MaganguéCOP 17 million
54Santa MartaCOP 17 million
55BelloCOP 16 million
56SoledadCOP 16 million
57FlorenciaCOP 16 million
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Santa Marta ranks 30 of 74, highest first.

RankCityChange in value added 2019-2024 (current prices)
27Gudalajara de Buga+63%
28Montería+63%
29Palmira+63%
30Santa Marta+62%
31Ocaña+62%
32Apartadó+62%
33Girardot+61%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Santa Marta ranks 47 of 74, highest first.

RankCityIndustry and construction share of value added, 2024
44Villavicencio10.8%
45Valledupar10.7%
46Ciénaga10.6%
47Santa Marta10.6%
48Riohacha10.3%
49Sincelejo10.2%
50Armenia10.1%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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

Santa Marta ranks 41 of 74, highest first.

RankCityAgriculture, livestock, fishing and mining share of value added, 2024
38Zipaquirá4.5%
39Quibdo4.5%
40Turbaco4.0%
41Santa Marta4.0%
42Facatativá3.3%
43Valledupar3.2%
44Manizales3.0%
Source: Departamento Administrativo Nacional de Estadística (DANE) · saved copy

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Sources

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