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Economy of Colombia vs Egypt compared: GDP & Debt

Updated on by Georank team

Colombia has a GDP of $419B compared to $389B for Egypt, ranking 39/197 and 41/197 by economy size, respectively.

Colombia has $256B in government debt (61.2% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Colombia vs Egypt GDP by year

Colombia
Egypt
1x
Year GDP, current $
Colombia Egypt
2024 $418,818,154,879 $389,059,911,004
2023 $366,291,836,138 $395,926,075,163
2022 $345,632,492,851 $476,747,720,365
2021 $318,524,633,225 $424,671,765,456
2020 $270,348,342,541 $383,817,841,547
2019 $323,031,701,193 $318,678,815,490
2018 $334,198,218,098 $262,588,632,527
2017 $311,866,875,157 $248,362,771,739
2016 $282,720,100,286 $332,441,717,791
2015 $293,492,370,193 $329,366,576,819
2014 $381,240,864,422 $305,595,408,895
2013 $382,093,697,078 $288,434,108,527
2012 $370,691,143,018 $279,116,666,667
2011 $334,966,134,805 $235,989,672,978
2010 $286,498,534,095 $218,983,666,062
2009 $232,468,663,110 $189,147,005,445
2008 $242,504,150,473 $162,818,181,818
2007 $206,229,540,926 $130,437,828,371
2006 $161,792,958,905 $107,426,086,957
2005 $145,600,529,606 $89,660,339,660
2004 $117,092,416,666 $78,782,467,532
2003 $94,644,969,157 $80,288,461,538
2002 $97,945,812,803 $85,146,067,416
2001 $98,200,641,203 $96,684,636,119
2000 $99,875,074,951 $99,838,543,960
1999 $86,186,158,685 $90,710,704,807
1998 $98,443,739,941 $84,828,807,556
1997 $106,659,508,271 $78,436,578,171
1996 $97,160,109,278 $67,629,716,981
1995 $92,507,279,383 $60,159,245,060
1994 $81,703,500,846 $51,897,983,393
1993 $66,446,804,803 $46,578,631,453
1992 $58,418,985,443 $41,855,986,519
1991 $49,175,565,911 $37,387,836,491
1990 $47,844,090,710 $42,978,914,311
1989 $39,540,080,200 $39,756,299,050
1988 $39,212,550,050 $34,980,124,929
1987 $36,373,307,085 $40,455,616,654
1986 $34,942,489,684 $41,253,507,951
1985 $34,894,411,352 $39,053,502,251
1984 $38,253,120,738 $33,971,188,992
1983 $38,729,822,782 $30,966,239,814
1982 $38,968,039,722 $27,655,172,414
1981 $36,388,366,869 $22,136,081,081
1980 $33,400,735,644 $21,669,908,176
1979 $27,940,411,250 $18,020,571,429
1978 $23,263,511,958 $14,811,704,063
1977 $19,470,960,619 $14,400,806,876
1976 $15,341,403,660 $13,315,988,083
1975 $13,098,633,902 $11,632,178,869
1974 $12,370,029,584 $9,228,963,225
1973 $10,315,760,000 $10,098,534,613
1972 $8,671,358,733 $9,299,638,056
1971 $7,820,380,971 $8,609,283,346
1970 $7,198,360,460 $8,042,200,452
1969 $6,450,175,214 $6,524,455,206
1968 $5,960,212,869 $5,932,242,991
1967 $5,825,170,438 $5,605,484,299
1966 $5,428,518,519 $5,278,005,612
1965 $5,760,761,905 $4,948,667,540
1964 $5,973,366,667 $4,709,245,762
1963 $4,836,166,667 $4,187,146,232
1962 $4,955,543,963 $4,035,462,027
1961 $4,540,447,761 $4,494,575,611
1960 $4,031,152,977 $4,206,270,352

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/colombia/egypt | CC BY

GDP per capita in Colombia vs Egypt by year

Colombia
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,919 $22,349 $3,338 $19,094
2023 $7,001 $21,246 $3,457 $18,525
2022 $6,680 $20,854 $4,233 $17,527
2021 $6,223 $17,383 $3,827 $15,579
2020 $5,340 $15,519 $3,511 $15,232
2019 $6,473 $16,182 $2,963 $13,364
2018 $6,817 $15,239 $2,485 $12,329
2017 $6,480 $14,401 $2,395 $11,125
2016 $5,960 $14,027 $3,271 $10,666
2015 $6,249 $13,332 $3,307 $10,903
2014 $8,187 $13,355 $3,133 $10,256
2013 $8,279 $12,780 $3,026 $10,511
2012 $8,109 $12,093 $2,996 $10,342
2011 $7,401 $11,707 $2,591 $8,988
2010 $6,398 $10,841 $2,455 $8,838
2009 $5,251 $10,367 $2,162 $8,465
2008 $5,542 $10,307 $1,896 $8,191
2007 $4,770 $9,909 $1,548 $7,641
2006 $3,790 $9,154 $1,299 $7,079
2005 $3,456 $8,432 $1,106 $6,554
2004 $2,819 $7,909 $991 $6,207
2003 $2,312 $7,420 $1,031 $5,928
2002 $2,429 $7,109 $1,117 $5,753
2001 $2,473 $6,935 $1,295 $5,650
2000 $2,555 $6,776 $1,366 $5,452
1999 $2,241 $6,544 $1,268 $5,121
1998 $2,605 $6,854 $1,213 $4,869
1997 $2,873 $6,861 $1,146 $4,661
1996 $2,665 $6,639 $1,009 $4,434
1995 $2,584 $6,506 $916 $4,235
1994 $2,326 $6,174 $807 $4,048
1993 $1,929 $5,826 $740 $3,895
1992 $1,730 $5,509 $681 $3,784
1991 $1,486 $5,281 $623 $3,627
1990 $1,475 $5,109 $736 $3,566
1989 $1,244 - $701 -
1988 $1,260 - $634 -
1987 $1,193 - $754 -
1986 $1,169 - $790 -
1985 $1,192 - $770 -
1984 $1,336 - $690 -
1983 $1,384 - $648 -
1982 $1,425 - $596 -
1981 $1,362 - $490 -
1980 $1,280 - $493 -
1979 $1,095 - $421 -
1978 $932 - $355 -
1977 $798 - $353 -
1976 $643 - $335 -
1975 $561 - $299.2 -
1974 $542 - $243.1 -
1973 $462 - $272.2 -
1972 $397 - $256.5 -
1971 $367 - $243 -
1970 $346 - $232.3 -
1969 $318 - $193 -
1968 $302 - $179.8 -
1967 $303 - $174.1 -
1966 $290.3 - $168.1 -
1965 $317 - $161.6 -
1964 $339 - $157.7 -
1963 $282.6 - $143.9 -
1962 $298.5 - $142.4 -
1961 $282.1 - $162.8 -
1960 $258.3 - $156.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/colombia/egypt | CC BY

Colombia's GDP per capita is $7,919, ranking 94/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Egypt ranks 99th at $19,094.

Economic indicators

Colombia Egypt
Gross domestic product
$419B
2024
$389B
2024
GDP rank
39/197
2024
41/197
2024
GDP growth
1.6%
2023-2024
2.4%
2023-2024
GDP per capita
$7,919
2024
$3,338
2024
GDP per capita rank
94/197
2024
138/197
2024
GDP per capita, PPP
$22,349
2024
$19,094
2024
GDP per capita PPP rank
87/197
2024
99/197
2024
Government debt
$256B
2024
$354B
2024
Debt-to-GDP ratio
61.2%
2024
90.9%
2024
Government debt per person
$4,849
2024
$3,036
2024
Government debt per person rank
82/185
2024
99/185
2024
Average annual personal income after taxes
$5,722
2026
$1,948
2026
Market capitalization of domestic companies
$72.6B
2024
$42.6B
2024
Number of billionaires
4
2025
5
2025
Income share by richest 10%
42.7%
2023
24.6%
2021
Income share by poorest 10%
1.1%
2023
4.2%
2021
Government expenditure, % of GDP
34.6%
2024
22.9%
2024
Consumer prices inflation
6.61%
2023-2024
28.3%
2023-2024
Central bank interest rate
9.25%
2025
21%
2025
Unemployment rate
9.62%
2024
5.95%
2024
Population
54105437
120697176

Spending and national debt comparison by year

Colombia
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Colombia Egypt
Government spending Government debt Government spending Government debt
2024 34.6% 61.2% 22.9% 90.9%
2023 35.1% 55.5% 22.7% 95.9%
2022 34.1% 61.3% 24.9% 88.5%
2021 34.5% 64.4% 25.5% 89.9%
2020 33.7% 65.3% 25.7% 86.2%
2019 32.9% 51% 26.9% 80.1%
2018 34.7% 51.8% 28.6% 87.9%
2017 29.3% 49.4% 30.6% 97.8%
2016 30% 49.9% 31% 91.6%
2015 31.3% 50.4% 31.3% 83.8%
2014 31.3% 43.3% 33.9% 80.9%
2013 30% 37.6% 32.9% 79.8%
2012 29.1% 34% 29.2% 69.9%
2011 30.2% 35.8% 30.5% 72.8%
2010 30.4% 36.5% 31.4% 69.6%
2009 30.9% 35.4% 32.5% 69.5%
2008 28.4% 32.4% 32.7% 66.8%
2007 28.2% 32.7% 31.3% 76.3%
2006 28.4% 36% 34.5% 85.9%
2005 25.9% 38.5% 30.3% 98.3%
2004 26.6% 41.5% 30.1% 96.5%
2003 28% 45% 30.6% 97.1%
2002 28.1% 47.5% 30.9% 85.8%
2001 27.5% 41.1% 27.9% 79.1%
2000 26.6% 38% 26% 71.7%
1999 28.2% 34% 26.3% 72.4%
1998 26.3% 27.4% - 73.8%
1997 26.2% 25.3% - -
1996 25.1% 23.3% - -
1995 22.2% 13.8% - -
1994 20.6% 12.5% - -
1993 20% 14.2% - -
1992 18.4% 16.1% - -
1991 17.7% 14.5% - -
1990 17.4% 16.7% - -
1989 10.3% 17.3% - -
1988 10.3% 17.9% - -
1987 9.7% 18.9% - -
1986 9.8% 20.2% - -
1985 10.5% 19.3% - -
1984 10.3% 15.5% - -
1983 10.2% 10.8% - -
1982 10.6% 8.8% - -
1981 9.9% 8.5% - -
1980 9.6% 8% - -
1979 8.6% 7.7% - -
1978 8.1% 7.6% - -
1977 7.7% 9.2% - -
1976 8% 12.2% - -
1975 9.4% 14.6% - -
1974 8.8% 15.9% - -
1973 9.4% 16.3% - -
1972 10.3% 16.9% - -
1971 10.3% 16.2% - -
1970 10% 16.7% - -
1969 9.2% 17% - -
1968 8.9% 16.2% - -
1967 8.2% 15.8% - -
1966 8% 15.3% - -
1965 7% 15.2% - -
1964 8.1% 13.1% - -
1963 8.6% 13.9% - -
1962 7.8% 14.8% - -
1961 8.6% 8.7% - -
1960 6.7% 7.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/colombia/egypt | CC BY

In 2024, Colombia's government spending was $145B, accounting for 34.6% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 61.2% in Colombia and 90.9% in Egypt, ranking 75/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Egypt
1x
Year Deficit/surplus, % of GDP
Colombia Egypt
2024 -6.25% -7.12%
2023 -2.92% -5.77%
2022 -6.34% -5.74%
2021 -7.26% -6.96%
2020 -7.12% -7.47%
2019 -3.48% -7.6%
2018 -4.67% -8.97%
2017 -2.5% -9.9%
2016 -2.27% -11.8%
2015 -3.52% -10.4%
2014 -1.74% -10.7%
2013 -1.02% -12.3%
2012 0.15% -9.47%
2011 -1.99% -9.6%
2010 -3.3% -7.45%
2009 -2.67% -6.2%
2008 0.04% -6.05%
2007 -0.82% -4.9%
2006 -0.99% -7.35%
2005 -0.02% -6.69%
2004 -1.31% -5.76%
2003 -2.7% -5.73%
2002 -3.45% -6.77%
2001 -2.71% -1.07%
2000 -2.94% 1.32%
1999 -5.37% 2.14%
1998 -3.86% -
1997 -3.23% -
1996 -2.49% -
1995 -1% -
1994 -0.14% -
1993 -0.24% -
1992 -0.07% -
1991 0.35% -
1990 -0.41% -
1989 -1.4% -
1988 -1.3% -
1987 -0.4% -
1986 -1.4% -
1985 -2.4% -
1984 -3.3% -
1983 -3.1% -
1982 -3.6% -
1981 -2.8% -
1980 -2.2% -
1979 -0.7% -
1978 0.3% -
1977 0.5% -
1976 0.6% -
1975 -0.5% -
1974 -1.2% -
1973 -1.1% -
1972 -1.7% -
1971 -1% -
1970 -0.7% -
1969 -0.5% -
1968 0% -
1967 -0.2% -
1966 0.1% -
1965 -0.6% -
1964 -1.1% -
1963 -1.7% -
1962 -1.6% -
1961 -1.5% -
1960 1.2% -
1959 2% -
1958 1.7% -
1957 1.4% -
1956 -0.2% -
1955 0.7% -
1954 1.3% -
1953 1.3% -
1952 1.6% -
1951 2.1% -
1950 0.9% -
1949 0.5% -
1948 -0.1% -
1947 0.2% -
1946 -0.5% -
1945 0.1% -
1944 -0.2% -
1943 -0.7% -
1942 -1.5% -
1941 0% -
1940 -1.5% -
1939 0.8% -
1938 0.5% -
1937 1.4% -
1936 1.1% -
1935 1.3% -
1934 0.2% -
1933 -0.4% -
1932 -0.8% -
1931 -0.2% -
1930 0.3% -
1929 0.4% -
1928 -0.4% -
1927 -0.6% -
1926 0% -
1925 1% -
1924 0.5% -
1923 0.3% -
1922 -0.7% -
1921 -1.6% -
1920 0.4% -
1919 -0.8% -
1918 -2.1% -
1917 -0.5% -
1916 0.2% -
1915 -0.2% -
1914 -0.5% -
1913 0.5% -
1912 -0.3% -
1911 -0.1% -
1910 -0.3% -
1909 -3.3% -
1908 -2.7% -
1907 -2.7% -
1906 0.2% -
1905 -0.9% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/colombia/egypt | CC BY

In 2024, Colombia's government deficit, the difference between spending and revenue, was $26.2B, equivalent to 6.25% of GDP. This compares to Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Colombia recorded a fiscal deficit in 24 of those years, while Egypt ran a deficit in 24 years. On average, Colombia posted an annual deficit equal to 2.97% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Colombia

Egypt
1x
Year Consumer prices inflation
Colombia Egypt
2024 6.61% 28.3%
2023 11.7% 33.9%
2022 10.2% 13.9%
2021 3.5% 5.21%
2020 2.53% 5.04%
2019 3.52% 9.15%
2018 3.24% 14.4%
2017 4.31% 29.5%
2016 7.51% 13.8%
2015 4.99% 10.4%
2014 2.9% 10.1%
2013 2.02% 9.47%
2012 3.17% 7.11%
2011 3.42% 10.1%
2010 2.27% 11.3%
2009 4.2% 11.8%
2008 7% 18.3%
2007 5.54% 9.32%
2006 4.29% 7.64%
2005 5.05% 4.87%
2004 5.9% 11.3%
2003 7.13% 4.51%
2002 6.35% 2.74%
2001 7.97% 2.27%
2000 9.23% 2.68%
1999 10.9% 3.08%
1998 18.7% 3.87%
1997 18.5% 4.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/colombia/egypt | CC BY

Over the past 28 years, Colombia has recorded an average annual inflation rate of 6.52%, compared with 10.7% in Egypt. In 2024, inflation was 6.61% in Colombia and 28.3% in Egypt.

Top exports between countries

Colombia
Export category Export value
Animal & marine products $71.4M
Raw agricultural goods $2.64M
Chemicals & pharma $1.88M
Machinery & equipment $866K
Processed food, beverages & tobacco $444K
Textiles & consumer goods $255K
Weapons & explosives $211K
Miscellaneous $107K
Wood & paper products $100K
Raw materials & minerals $93K
Egypt
Export category Export value
Raw materials & minerals $4.77M
Processed food, beverages & tobacco $2.69M
Raw agricultural goods $1.66M
Textiles & consumer goods $1.59M
Chemicals & pharma $1.52M
Metals $664K
Wood & paper products $494K
Machinery & equipment $449K
Miscellaneous $14K
Precious metals & jewellery $13K

Balance of trade

Colombia Egypt
Current account balance
-$6.88B
2024
-$22.3B
2024
Current account balance ranking
172/190
2024
184/190
2024
Current account balance, % of GDP
-1.64%
2024
-5.72%
2024
Goods imports
$60.2B
2024
$72.9B
2024
Goods exports
$51.1B
2024
$34.8B
2024
Service imports
$18.5B
2024
$27.5B
2024
Service exports
$18.1B
2024
$29.6B
2024
Imports of goods and services, % of GDP
20.9%
2024
23.2%
2024
Exports of goods and services, % of GDP
16.1%
2024
16.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Colombia Egypt
Economic freedom 59.8 50.3
Economic freedom ranking 101/197 160/197
Property rights 43.1 35.5
Government integrity 41.6 27.1
Judicial effectiveness 57.4 24
Tax burden 68.6 85.7
Government spending 64 83.4
Fiscal health 49.8 21.8
Business freedom 71.2 51.4
Labor freedom 59.1 43.1
Monetary freedom 71.9 56
Trade freedom 71.4 60.2
Investment freedom 60 65
Financial freedom 60 50

Economic freedom comparison by year

Colombia
Egypt
1x
Year Economic freedom index
Colombia Egypt
2026 59.8 50.3
2025 59.8 50.9
2024 59.2 49.7
2023 63.1 49.6
2022 65.1 49.1
2021 68.1 55.7
2020 69.2 54
2019 67.3 52.5
2018 68.9 53.4
2017 69.7 52.6
2016 70.8 56
2015 71.7 55.2
2014 70.7 52.9
2013 69.6 54.8
2012 68 57.9
2011 68 59.1
2010 65.5 59
2009 62.3 58
2008 62.2 58.5
2007 59.9 54.4
2006 60.4 53.2
2005 59.6 55.8
2004 61.2 55.5
2003 64.2 55.3
2002 64.2 54.1
2001 65.6 51.5
2000 63.3 51.7
1999 65.3 58
1998 65.5 55.8
1997 66.4 54.5
1996 64.3 52
1995 64.5 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/colombia/egypt | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Egypt
Services, % of GDP
58.1%
2024
48.9%
2024
Industry, % of GDP
23.1%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
9.28%
2024
13.7%
2024
GNI, Atlas method
$372B
2024
$409B
2024
GNI per capita, PPP
$21,890
2024
$18,230
2024
Total reserves including gold
$61.9B
2024
$44.9B
2024
Total reserves ranking
38/177
2024
44/177
2024
Net foreign direct investment
-$9.17B
2024
-$46.1B
2024
Net inflows of foreign direct investment
$13.7B
2024
$46.6B
2024
Net outflows of foreign direct investment
$4.51B
2024
$508M
2024
Servicing debt to the IMF, % of GNI
8.25%
2024
8.86%
2024
Poverty at national poverty lines
31.8%
2024
33.5%
2021
Gross capital formation, % of GDP
16.8%
2024
13%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/colombia/egypt | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.