Colombia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

2.1

Units In

2.7

Frequency

Quarterly

Next Release

Nov 18, 2025

Time to Release

3 Months 1 Days 15 Hours

Highest	Lowest	Average	Date Range	Source
17.5 Jun 2021	-15.8 Jun 2020	3.63 %	2001-2025	N/A

The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent).

Latest Updates

Colombia's GDP grew by 2.1% in the second quarter of 2025 compared to the same quarter a year earlier, easing from the fastest rate of expansion in two years of 2.7% in the previous quarter and missing expectations of 2.6% growth. The result was driven by a 5.6% rise in wholesale & retail, transport and accommodation & food services, a 3.8% increase in agriculture and a 1.8% gain in public administration and related services. In contrast, mining and quarrying contracted sharply (–10.2%), which limited broader expansion. On a seasonally adjusted basis, the economy expanded 0.5% from the previous quarter. Despite the quarterly improvement, the economy remains sensitive to external conditions, notably demand from the US and broader global trade developments.