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Colombia vs Denmark: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while Colombia ranked 39th with $331B. By GDP 5-years average growth and GDP per capita, Denmark and Colombia ranked 128th vs 101st and 12th vs 94th, respectively.

Gross Domestic Product & Income

StatColombiaDenmark
GDP$331B$355.7B
GDP growth, 1 year2.7%1.2%
GDP growth, 5-years average2.8%2%
Population49.1M5.8M
GDP per capita$6.7k$61k
GDP per capita growth1.02%1.82%
Purchasing Power Parity conversion factor1312.746.96
Price level ratio of PPP conversion factor GDP to market exchange rate0.441.1
GDP per capita, PPP adjusted$15k$52k
GNI, Atlas method$306.9B$348.6B
GNI per capita$6.2k$60k
GNI, PPP adjusted$718.9B$327.1B
GNI per capita, PPP adjusted$14k$56k

Financial system and Human development

StatColombiaDenmark
Income Tax Rate39%56%
Corporate Tax Rate33%23.5%
Inflation, consumer prices3.2%0.7%
Inflation, GDP deflator3.7%0.8%
Unemployment9.1%5%
Economic Freedom Index69.278.3
Personal Freedom Index6.939.49
Human Freedom Index6.788.73
Property Rights Index61.186.3
Judical Effectiveness Index32.884.6
Business Freedom Index71.388.7
Fiscal Health Index85.597.7
Labor Freedom Index7886.2
Investment Freedom Index8090
Financial Freedom Index7080
Trade Freedom Index81.286.4
Monetary Freedom Index77.584.6
Government Spending Index7719.7
Tax Burden Index70.442
Government Integrity Index46.193
Corruption Perceptions Index3688
Life expectancy at birth, years76.981
Suicide mortality rate, per 100,000 people7.212.8
Mortality caused by road traffic injury, per 100,000 people18.54
Intentional homicides, per 100,000 people24.91.2
International tourism, number of arrivals3.9M12.7M

Government debt & reserves

StatColombiaDenmark
Central government debt, % of GDP50.5%34.3%
External debt stocks, % of GNI42.3%N/A
External debt stocks$134.9BN/A
Short-term debt, % of total reserves31.5%N/A
Total debt service, % of exports and primary income40.8%N/A
Adjusted net savings including particulate emission damage, % of GNI2.8%18.3%
Gross savings, % of GDP15.1%28.7%
Gross capital formation, % of GDP21.2%23%
Total reserves including gold$47.9B$70.9B
Foreign direct investment net inflows$11.5B$1.2B

Exports, imports and economic structure

StatColombiaDenmark
Exports of goods and services, % of GDP15.9%55.6%
Imports of goods and services, % of GDP20.8%49.6%
Current account balance (balance of payments)-$13B$24.8B
Revenue excluding grants, % of GDP22.9%38.9%
Grants excluding technical cooperation, BoP$741.3MN/A
Personal remittances received$6.4B$1.4B
Industry including construction value added, % of GDP26.7%21.2%
Agriculture, forestry and fishing value added, % of GDP6.3%1%
Charges for the use of intellectual property, payments BoP$471.4M$1.6B
Charges for the use of intellectual property, receipts BoP$105.6M$3.3B
Expense, % of GDP25.3%37.6%
Government Expenditure, % of GDP27.7%51.7%

Compare with countries close by GDP per capita

Colombia vs

CountryGDP
per capita
Population
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k

Denmark vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k