Colombia’s quarterly GDP expanded 8.7 percent on quarter in the three months to September of 2020, the most on record, following an upwardly revised 16.1 percent plunge in the prior period. source: Dane, Colombia
GDP Growth Rate in Colombia averaged 0.82 percent from 2001 until 2020, reaching an all time high of 8.70 percent in the third quarter of 2020 and a record low of -16.10 percent in the second quarter of 2020. This page provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
GDP Growth Rate in Colombia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Colombia to stand at 0.60 in 12 months time. In the long-term, the Colombia GDP Growth Rate is projected to trend around 0.50 percent in 2021 and 0.80 percent in 2022, according to our econometric models.