Colombia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

2.1

Units In

2.7

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

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 3.6% in the third quarter of 2025 compared to the same period a year earlier, up from 2.1% in the previous quarter and surpassing the forecast of 3.1%. The main contributors to value-added growth were public administration and services (8%), wholesale and retail trade (5.6%), and manufacturing (4.1%). Notable expansion was also seen in recreation and culture (5.7%) and finance (4.3%). In contrast, mining and quarrying (-5.7%) and construction (-1.5%) experienced declines. On a seasonally adjusted basis, the economy expanded by 1.3% from the previous quarter.