Key data points
Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
265.55 T COP on Dec 31, 2024
Lowest
100.71 T COP on Mar 31, 2000
About Colombia real GDP
Related indicators
COGDP
GDPR
363.5 BUSD
COGDPA
GDP From AgricultureR
15.75 TCOP
COGDPC
GDP From ConstructionR
10.33 TCOP
COGDPCP
Real GDPR
242.51 TCOP
COGDPMAN
GDP From ManufacturingR
26.71 TCOP
COGDPMIN
GDP From MiningR
8.74 TCOP
COGDPPC
GDP Per CapitaR
6.82 KUSD
COGDPPCP
GDP Per Capita PPPR
18.32 KUSD
COGDPT
GDP From TransportR
12.13 TCOP
COGDPU
GDP From UtilitiesR
7.27 TCOP
COGFCF
Gross Fixed Capital FormationR
42.01 TCOP
Frequently Asked Questions
Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Colombia real GDP was 242.51 T COP, and the quarter before it reached 265.55 T COP.