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

Boyaca's gross domestic product was 48.8 trillion pesos at current prices in 2025 (DANE preliminary figures), 2.6% of Colombia's 1,852.7 trillion pesos; 9th largest of the 32 departments and Bogota.

GDP, current prices (2025 preliminary)
48.8 trillion pesos
2025
GDP per person (2025 preliminary)
37,835,579 pesos
2025
Unemployment rate (GEIH, 2025)
9.3%
2025

What is the GDP per person in Boyaca?

GDP per person in Boyaca was 37,835,579 pesos in 2025, 108% of the national figure of 34,918,345 pesos; 8th highest of the 32 departments and Bogota.

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

Is the economy of Boyaca growing?

In real terms Boyaca's economy grew by 1.6% in 2025 (Colombia: 2.6%), after growth of 1.0% in 2024; its 2025 growth was 11th lowest of the 32 departments and Bogota.

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

Has the economy of Boyaca recovered since the pandemic?

After adjusting for prices, Boyaca's GDP in 2025 was 7.9% above its 2019 level, before the pandemic (Colombia: 15.9% above); 8th weakest of the 32 departments and Bogota since 2019.

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

What are the main industries in Boyaca?

The largest sectors of Boyaca's economy in 2025 were trade, transport, hotels and restaurants (19.9% of value added), agriculture, forestry and fishing (18.0%) and public administration, defence, education and health (14.9%).

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

How important are farming and mining in Boyaca?

Agriculture, forestry and fishing produced 18.0% of value added in Boyaca in 2025 (17th highest of the 32 departments and Bogota), mining and quarrying 5.2% (9th highest of the 32 departments and Bogota) and manufacturing 10.6% (Colombia: 11.0%, 4.1% and 11.0%).

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

What is the unemployment rate in Boyaca?

Unemployment in Boyaca averaged 9.3% in 2025 in DANE's household survey (GEIH), 52,825 people out of a workforce of 566,215; 9th lowest of the 23 departments the survey reports separately.

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

Is unemployment rising in Boyaca?

The unemployment rate in Boyaca was up 0.7 percentage points on 2024 (8.7%) and compares with 8.5% in 2019 and a peak of 12.0% in 2021 over the 2007-2025 series.

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

How many people work in Boyaca?

51.3% of people aged 15 and over in Boyaca were employed in 2025 and 56.5% were working or looking for work; the employment rate was 2nd lowest of the 23 departments surveyed. About 513,390 people had jobs, down 3.3% on 2024.

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

What is the unemployment rate for women in Boyaca?

Unemployment among women in Boyaca was 9.8% in 2025, against 9.0% for men; 39.8% of women and 63.3% of men aged 15 and over were employed.

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

What do people in Boyaca work in?

The largest employers in Boyaca in 2025 were agriculture, livestock, forestry and fishing (23.7% of jobs), trade and vehicle repair (16.0%) and public administration, education and health (11.9%).

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

More figures

How Boyaca compares with other departments

GDP at current prices (2025 preliminary) (2025)

Boyaca ranks 9 of 33, highest first.

RankRegionGDP at current prices (2025 preliminary)
6Atlantico82.3 trillion pesos
7Bolivar66.5 trillion pesos
8Meta55.9 trillion pesos
9Boyaca48.8 trillion pesos
10Tolima41.0 trillion pesos
11Cauca33.9 trillion pesos
12Cordoba33.6 trillion pesos
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

GDP per person (2025 preliminary) (2025)

Boyaca ranks 8 of 33, highest first.

RankRegionGDP per person (2025 preliminary)
5San Andres and Providencia43,227,411 pesos
6Antioquia39,992,416 pesos
7Valle del Cauca38,421,474 pesos
8Boyaca37,835,579 pesos
9Arauca33,678,379 pesos
10Cundinamarca33,098,438 pesos
11Risaralda31,542,003 pesos
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

Real GDP growth (2025 preliminary) (2025)

Boyaca ranks 23 of 33, highest first.

RankRegionReal GDP growth (2025 preliminary)
20Cundinamarca+2.0%
21Guaviare+1.9%
22Quindio+1.8%
23Boyaca+1.6%
24Choco+1.5%
25Cordoba+1.5%
26Guainia+1.4%
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

Real GDP change 2019-2025 (2019-2025)

Boyaca ranks 26 of 33, highest first.

RankRegionReal GDP change 2019-2025
23Caqueta+11.6%
24Amazonas+11.5%
25Vichada+10.0%
26Boyaca+7.9%
27Guainia+7.1%
28Meta+6.1%
29Arauca+5.2%
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

Unemployment rate (GEIH) (2025)

Boyaca ranks 15 of 23, highest first. DANE publishes annual department figures for 23 departments; Cundinamarca excludes Bogota.

RankRegionUnemployment rate (GEIH)
12Valle del Cauca9.5%
13Magdalena9.5%
14Bolivar9.4%
15Boyaca9.3%
16Caldas9.1%
17Meta8.7%
18Atlantico8.5%
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

Employment rate, ages 15+ (GEIH) (2025)

Boyaca ranks 22 of 23, highest first. 23 departments published by DANE.

RankRegionEmployment rate, ages 15+ (GEIH)
17Cesar53.1%
18Huila53.0%
19Norte de Santander52.9%
20Bolivar52.8%
21Caqueta52.3%
22Boyaca51.3%
23Choco33.8%
Source: Departamento Administrativo Nacional de Estadistica (DANE) · saved copy

More on Boyaca: overview · health · education and schools · poverty and living standards · government budget · Colombia

Sources

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