Canada vs Colombia: Economic Indicators Comparison

Canada with a GDP of $1.7T ranked the 10th largest economy in the world, while Colombia ranked 39th with $331B. By GDP 5-years average growth and GDP per capita, Canada and Colombia ranked 133rd vs 101st and 21st vs 94th, respectively.

Gross Domestic Product & Income

StatCanadaColombia
GDP$1.7T$331B
GDP growth, 1 year1.8%2.7%
GDP growth, 5-years average1.9%2.8%
Population37.9M49.1M
GDP per capita$46k$6.7k
GDP per capita growth0.47%1.02%
Purchasing Power Parity conversion factor1.241312.74
Price level ratio of PPP conversion factor GDP to market exchange rate0.960.44
GDP per capita, PPP adjusted$50k$15k
GNI, Atlas method$1.7T$306.9B
GNI per capita$45k$6.2k
GNI, PPP adjusted$1.8T$718.9B
GNI per capita, PPP adjusted$48k$14k

Financial system and Human development

StatCanadaColombia
Income Tax Rate33%39%
Corporate Tax Rate15%33%
Inflation, consumer prices0.9%3.2%
Inflation, GDP deflator1.9%3.7%
Unemployment5.9%9.1%
Economic Freedom Index78.269.2
Personal Freedom Index9.266.93
Human Freedom Index8.696.78
Property Rights Index87.761.1
Judical Effectiveness Index72.732.8
Business Freedom Index81.771.3
Fiscal Health Index83.385.5
Labor Freedom Index7278
Investment Freedom Index8080
Financial Freedom Index8070
Trade Freedom Index8781.2
Monetary Freedom Index7677.5
Government Spending Index50.977
Tax Burden Index76.570.4
Government Integrity Index90.346.1
Corruption Perceptions Index8136
Life expectancy at birth, years82.276.9
Suicide mortality rate, per 100,000 people12.57.2
Mortality caused by road traffic injury, per 100,000 people5.818.5
Intentional homicides, per 100,000 people1.824.9
International tourism, number of arrivals21.1M3.9M

Government debt & reserves

StatCanadaColombia
Central government debt, % of GDP90.6%50.5%
External debt stocks, % of GNIN/A42.3%
External debt stocksN/A$134.9B
Short-term debt, % of total reservesN/A31.5%
Total debt service, % of exports and primary incomeN/A40.8%
Adjusted net savings including particulate emission damage, % of GNI6.5%2.8%
Gross savings, % of GDP19.7%15.1%
Gross capital formation, % of GDP23.1%21.2%
Total reserves including gold$83.9B$47.9B
Foreign direct investment net inflows$46.5B$11.5B

Exports, imports and economic structure

StatCanadaColombia
Exports of goods and services, % of GDP32.1%15.9%
Imports of goods and services, % of GDP34.1%20.8%
Current account balance (balance of payments)-$45.3B-$13B
Revenue excluding grants, % of GDP18.1%22.9%
Grants excluding technical cooperation, BoPN/A$741.3M
Personal remittances received$1.4B$6.4B
Industry including construction value added, % of GDP24.8%26.7%
Agriculture, forestry and fishing value added, % of GDP1.7%6.3%
Charges for the use of intellectual property, payments BoP$11.8B$471.4M
Charges for the use of intellectual property, receipts BoP$4.8B$105.6M
Expense, % of GDP17.3%25.3%
Government Expenditure, % of GDP40.5%27.7%

Compare with countries close by GDP per capita

Canada vs

CountryGDP
per capita
Population
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M

Colombia vs

CountryGDP
per capita
Population
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k