Prices & public finance · Latin America & Caribbean · Upper-middle income
Colombia: prices, money and public finance
Inflation is 5.1% (2025), 42nd of 180 in the world and 5th of 31 in Latin America & Caribbean. GDP deflator is 5.4% (2025), 56th of 209 in the world and 12th of 40 in Latin America & Caribbean. Lending rate is 14.3% (2025), 34th of 136 in the world and 7th of 31 in Latin America & Caribbean.
Inflation
ColombiaLatin America & CaribbeanUpper-middle incomeWorld
GDP deflator
ColombiaLatin America & CaribbeanUpper-middle incomeWorld
14 indicators
Prices & public finance: Colombia in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 5.1%2025 | 42/180 | 5/31 | 9.2% | 2.3% | 2.5% | +0.2 ppsince 2015 | 2.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 5.4%2025 | 56/209 | 12/40 | 33.7% | 3.8% | 1.5% | +3.0 ppsince 2015 | 3.4% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 14.3%2025 | 34/136 | 7/31 | 18.8% | 9.4% | 9.9% | +2.9 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 8.4%2025 | 30/136 | 6/31 | -11.1% | 5.4% | 8.2% | −0.4 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 4,053.142025 | 10/210 | 2/39 | 2,087.92 | 1,899.00 | 3,693.28 | +48%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 15.2%2024 | 82/142 | 10/20 | 11.2% | 12.1% | 14.0% | −0.5 ppsince 2014 | 14.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 25.8%2024 | 70/142 | 8/20 | 15.5% | 21.6% | 23.7% | +2.4 ppsince 2014 | 22.8% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 33.3%2023 | 46/142 | 3/20 | 16.9% | 25.4% | 36.6% | ±0.0 ppsince 2013 | 27.6% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 71.2%2024 | 21/78 | 6/14 | 17.7% | 72.5% | 91.2% | +23.2 ppsince 2014 | 69.1% | — | — | |
| External debtExternal debt stocks, % of GNI | 49.2%2024 | 45/119 | 11/22 | 35.1% | 23.3% | 58.2% | +20.9 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 39.9%2025 | 84/169 | 18/31 | 20.9% | 32.4% | 52.0% | −7.0 ppsince 2015 | 52.9% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 43.1%2025 | 101/146 | 26/31 | 25.8% | 37.9% | 46.9% | −5.9 ppsince 2015 | 72.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 7.32025 | 35/165 | 5/32 | 6.1 | 5.4 | 11.5 | −0.3%since 2015 | 6.6 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 3.20%2025 | 25/156 | 1/22 | 3.03% | 3.64% | 3.53% | +0.1 ppsince 2015 | 1.07% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
No rated indicator improved over the decade.
Worse than ten years ago
- Inflation+0.2 pp5.1% in 2025
- Government debt+23.2 pp71.2% in 2024
- External debt+20.9 pp49.2% in 2024
- Reserves, months of imports−0.3%7.3 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Colombia and its neighbours
Countries sharing a land border with Colombia. Latest values since 2005; the highest in each row is marked.
| Indicator | Colombia | Brazil | Peru | Venezuela | Ecuador | Nicaragua |
|---|---|---|---|---|---|---|
| Inflation | 5.1%2025 | 5.0%2025 | 1.5%2025 | 254.9%2016 | 0.7%2025 | 2.1%2025 |
| GDP deflator | 5.4%2025 | 5.7%2025 | 5.4%2025 | 227.1%2025 | 1.5%2025 | 7.6%2025 |
| Lending rate | 14.3%2025 | 45.3%2025 | 12.6%2022 | 21.1%2017 | — | 9.2%2025 |
| Real interest rate | 8.4%2025 | 37.5%2025 | 7.7%2022 | -89.5%2017 | — | 1.4%2025 |
| Exchange rate | 4,053.142025 | 5.592025 | 3.572025 | 9.972017 | 1.002025 | 36.622025 |
| Tax revenue | 15.2%2024 | 15.4%2024 | 15.9%2021 | — | 13.1%2022 | 20.1%2024 |
| Government revenue | 25.8%2024 | 26.4%2024 | 20.7%2021 | — | 31.0%2022 | 21.5%2024 |
| Government expense | 33.3%2023 | 32.4%2023 | 22.8%2021 | — | 30.4%2022 | 16.3%2023 |
| Government debt | 71.2%2024 | 81.9%2024 | 35.2%2021 | — | — | — |