Colombia: Exports of goods and services (% of GDP)
In , Colombia's Exports of goods and services (% of GDP) was 16.10.
That's down 9.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Colombia ranks #144 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #21 of 24.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 20.39
- Trough
- 13.52
- 1-year change
- -9.7%
- 5-year change
- +1.5%
- +0.3% / yr
- 10-year change
- -3.2%
- -0.3% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 16.0993 | |
| 17.8317 | |
| 20.3884 | |
| 16.1970 | |
| 13.5223 | |
| 15.8680 | |
| 15.8997 | |
| 15.1453 | |
| 14.7171 | |
| 15.6502 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Colombia's Exports of goods and services (% of GDP) in 2024?
- In 2024, Colombia's Exports of goods and services (% of GDP) was 16.10, according to World Bank Open Data.
- Is Colombia's Exports of goods and services (% of GDP) rising or falling?
- Colombia's Exports of goods and services (% of GDP) fell 9.7% from 2023 to 2024.
- How does Colombia rank globally on Exports of goods and services (% of GDP)?
- In 2024, Colombia ranked #144 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Colombia's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Colombia is below the world average. Within Latin America & Caribbean, it ranks #21 of 24.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.