Colombia: economy

What is Colombia's GDP growth rate?

Colombia's GDP grew 3.5% in the second quarter of 2026 compared with the same quarter of 2025, according to DANE's quarterly GDP press release of 18 August 2026. In seasonally and calendar adjusted terms, GDP grew 1.3% on the first quarter, and growth in the first half of 2026 was 2.9%.

The figures are preliminary chained volume measures with 2015 as the reference year, and DANE revises them as more data arrive. DANE says public administration and defence, education and health services contributed most to annual growth in the quarter. Tables and seasonally adjusted series are on DANE's GDP technical information page.

Official sources: DANE: GDP press release, Q2 2026 · DANE: quarterly GDP technical information

What is the inflation rate in Colombia?

Annual consumer price inflation in Colombia was 6.29% in September 2026, according to DANE's CPI technical bulletin published on 7 October 2026. Prices rose 0.37% in the month and 5.74% in the year to date.

Restaurants and hotels (9.44%), health (7.79%) and education (7.49%) rose fastest over the year, and food and non-alcoholic drinks rose 6.74%. The CPI has a 2018 base. Index tables and annexes are on DANE's CPI page.

Official sources: DANE: CPI technical bulletin, September 2026 · DANE: consumer price index (IPC)

What is the Bank of the Republic interest rate?

The monetary policy interest rate is 12.25%, after the Bank of the Republic's board raised it by 25 basis points at its September 2026 meeting, according to the bank's decision statement published on 30 September 2026. Four directors voted for the increase, two to hold the rate and one for a 50 basis point rise.

The policy rate is the rate at which the central bank lends to banks overnight, and it guides other interest rates in the economy. The board meets to set it on a published calendar, and minutes of each decision are released afterwards on the Bank of the Republic website.

Official sources: Bank of the Republic: September 2026 board decision · Bank of the Republic

What is the dollar exchange rate in Colombia today?

The representative market rate (TRM) for 15 October 2026 is 3,197.65 pesos per US dollar, according to the Financial Superintendency's historical TRM dataset on the national open data portal. The rate for 14 October was 3,181.74 pesos.

The TRM is certified each day by the Financial Superintendency and is the reference rate used for contracts and tax purposes; banks and exchange houses quote their own buying and selling prices around it.

Official sources: Datos Abiertos: TRM historical series (Financial Superintendency)

How much does Colombia export?

Colombia exported goods worth US$4,456.2 million FOB in August 2026, 15.1% more than in August 2025, according to DANE's export statistics, compiled with the tax and customs authority DIAN. Fuels and extractive industry products made up 40.1% of the total, agriculture, food and drink 23.9% and manufactures 20.0%.

DANE says the growth was mainly due to a 127.0% rise in exports in the "other sectors" group. Monthly export values swing with oil and coal prices, so compare year-to-date totals as well as single months.

Official sources: DANE: export statistics

What is Colombia's economic growth rate?

2.6%: that is real GDP growth in Colombia for 2025, according to the World Bank. Its high point since 2005 was 2021, at 10.8%; its low point was 2020, at -7.2%. It is 19th highest of 31 in Latin America & Caribbean, where the median is 2.7%. Of 180 countries with 2025 data, 113th highest.

What is Colombia's GDP per person?

The latest figure from the World Bank, for 2025, is $8,562. That is the highest since at least 2005. Across Latin America & Caribbean the middle value was $10,989, and Colombia placed 19th highest of 31. Of 180 countries with 2025 data, 84th highest.

How does Colombia's income per person compare after prices?

The latest figure from the World Bank, for 2025, is $22,640 in international dollars. That is the highest since at least 2005. Latin America & Caribbean median: $22,756 in international dollars; Colombia is 18th highest of 30. World rank, highest first: 83rd of 179.

How big are Colombia's exports?

The latest figure from the World Bank, for 2025, is 15.0% of GDP. Its high point since 2005 was 2022, at 20.4% of GDP; its low point was 2020, at 13.5% of GDP. Latin America & Caribbean median: 30.0% of GDP; Colombia is 15th highest of 17. World rank, highest first: 119th of 133.

What is Colombia's current account balance?

According to the IMF, the current account balance in Colombia was -2.4% of GDP in 2025, which is a deficit. The peak was -1.3% of GDP in 2005 and the low -6.4% of GDP in 2015. It is 16th highest of 27 in Latin America & Caribbean, where the median is -1.2% of GDP. World rank, highest first: 77th of 132.

What is FDI in Colombia?

The IMF puts net inflows of foreign direct investment in Colombia at 2.5% of GDP in 2025. Since 2005 it has ranged from 2.2% of GDP (2010) to 7.0% of GDP (2005). It is 16th highest of 31 in Latin America & Caribbean, where the median is 2.5% of GDP. World rank, highest first: 75th of 179.

What are bank lending rates in Colombia?

The latest figure from the IMF, for 2025, is 14.3%. Since 2005 it has ranged from 9.3% (2021) to 21.0% (2023). It is 5th highest of 23 in Latin America & Caribbean, where the median is 8.8%. World rank, highest first: 17th of 73.