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Economy of Colombia vs Gabon compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $21.4B for Gabon, ranking 37/197 and 132/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $16.9B (78.9% of GDP) in Gabon.

Colombia vs Gabon GDP by year

Colombia
Gabon
1x
Year GDP, current $
Colombia Gabon
2025 $457,410,034,203 $21,427,119,323
2024 $420,504,033,143 $20,895,684,426
2023 $366,901,643,683 $19,388,372,071
2022 $345,632,492,851 $20,440,655,695
2021 $318,524,633,225 $19,444,935,097
2020 $270,348,342,541 $15,342,236,164
2019 $323,031,701,193 $16,874,405,465
2018 $334,198,218,098 $16,867,326,402
2017 $311,866,875,157 $14,929,487,485
2016 $282,720,100,286 $14,023,890,265
2015 $293,492,370,193 $14,383,107,763
2014 $381,240,864,422 $18,203,966,896
2013 $382,093,697,078 $17,595,744,798
2012 $370,691,143,018 $17,170,464,016
2011 $334,966,134,805 $18,210,307,744
2010 $286,498,534,095 $14,372,593,020
2009 $232,468,663,110 $12,113,699,068
2008 $242,504,150,473 $15,571,348,344
2007 $206,229,540,926 $12,455,409,587
2006 $161,792,958,905 $10,327,598,306
2005 $145,600,529,606 $9,582,783,991
2004 $117,092,416,666 $7,770,219,008
2003 $94,644,969,157 $6,511,903,365
2002 $97,945,812,803 $5,335,451,100
2001 $98,200,641,203 $5,023,265,413
2000 $99,875,074,951 $5,080,483,629
1999 $86,186,158,685 $4,662,992,036
1998 $98,443,739,941 $4,483,417,310
1997 $106,659,508,271 $5,326,817,115
1996 $97,160,109,278 $5,694,040,003
1995 $92,507,279,383 $4,958,845,648
1994 $81,703,500,846 $4,190,819,344
1993 $66,446,804,803 $4,378,645,081
1992 $58,418,985,443 $5,592,390,827
1991 $49,175,565,911 $5,402,919,785
1990 $47,844,090,710 $5,952,293,765
1989 $39,540,080,200 $4,186,411,464
1988 $39,212,550,050 $3,834,503,376
1987 $36,373,307,085 $3,281,797,043
1986 $34,942,489,684 $3,403,638,189
1985 $34,894,411,352 $3,339,914,757
1984 $38,253,120,738 $3,561,451,561
1983 $38,729,822,782 $3,391,275,732
1982 $38,968,039,722 $3,618,007,841
1981 $36,388,366,869 $3,862,269,121
1980 $33,400,735,644 $4,279,637,942
1979 $27,940,411,250 $3,030,251,120
1978 $23,263,511,958 $2,389,479,272
1977 $19,470,960,619 $2,809,349,069
1976 $15,341,403,660 $3,009,409,974
1975 $13,098,633,902 $2,157,592,940
1974 $12,370,029,584 $1,544,216,002
1973 $10,315,760,000 $722,780,701
1972 $8,671,358,733 $430,508,359
1971 $7,820,380,971 $381,687,073
1970 $7,198,360,460 $323,802,476
1969 $6,450,175,214 $318,124,701
1968 $5,960,212,869 $294,468,564
1967 $5,825,170,438 $271,543,680
1966 $5,428,518,519 $245,849,781
1965 $5,760,761,905 $226,474,286
1964 $5,973,366,667 $215,679,855
1963 $4,836,166,667 $154,480,244
1962 $4,955,543,963 $182,796,536
1961 $4,540,447,761 $167,637,907
1960 $4,031,152,977 $141,468,978

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Colombia vs Gabon by year

Colombia
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $8,263 -
2024 $7,951 $22,349 $8,230 $21,510
2023 $7,012 $21,246 $7,803 $20,756
2022 $6,680 $20,854 $8,409 $19,993
2021 $6,223 $17,383 $8,181 $18,524
2020 $5,340 $15,519 $6,606 $14,477
2019 $6,473 $16,182 $7,441 $15,950
2018 $6,817 $15,239 $7,624 $15,432
2017 $6,480 $14,401 $6,922 $14,797
2016 $5,960 $14,027 $6,677 $13,998
2015 $6,249 $13,332 $7,047 $14,306
2014 $8,187 $13,355 $9,201 $14,854
2013 $8,279 $12,780 $9,198 $14,498
2012 $8,109 $12,093 $9,297 $14,620
2011 $7,401 $11,707 $10,219 $14,784
2010 $6,398 $10,841 $8,357 $14,015
2009 $5,251 $10,367 $7,291 $13,384
2008 $5,542 $10,307 $9,689 $13,734
2007 $4,770 $9,909 $8,004 $14,391
2006 $3,790 $9,154 $6,847 $13,637
2005 $3,456 $8,432 $6,548 $14,028
2004 $2,819 $7,909 $5,466 $13,638
2003 $2,312 $7,420 $4,711 $13,564
2002 $2,429 $7,109 $3,966 $13,369
2001 $2,473 $6,935 $3,836 $13,556
2000 $2,555 $6,776 $3,983 $13,326
1999 $2,241 $6,544 $3,751 $13,629
1998 $2,605 $6,854 $3,700 $15,138
1997 $2,873 $6,861 $4,509 $14,837
1996 $2,665 $6,639 $4,943 $14,147
1995 $2,584 $6,506 $4,415 $13,750
1994 $2,326 $6,174 $3,828 $13,164
1993 $1,929 $5,826 $4,106 $12,757
1992 $1,730 $5,509 $5,386 $12,312
1991 $1,486 $5,281 $5,345 $12,760
1990 $1,475 $5,109 $6,051 $11,952
1989 $1,244 - $4,374 -
1988 $1,260 - $4,119 -
1987 $1,193 - $3,624 -
1986 $1,169 - $3,865 -
1985 $1,192 - $3,898 -
1984 $1,336 - $4,273 -
1983 $1,384 - $4,182 -
1982 $1,425 - $4,584 -
1981 $1,362 - $5,026 -
1980 $1,280 - $5,718 -
1979 $1,095 - $4,155 -
1978 $932 - $3,360 -
1977 $798 - $4,048 -
1976 $643 - $4,441 -
1975 $561 - $3,258 -
1974 $542 - $2,384 -
1973 $462 - $1,140 -
1972 $397 - $693 -
1971 $367 - $627 -
1970 $346 - $543 -
1969 $318 - $545 -
1968 $302 - $515 -
1967 $303 - $482 -
1966 $290.3 - $443 -
1965 $317 - $415 -
1964 $339 - $400 -
1963 $282.6 - $290.7 -
1962 $298.5 - $348 -
1961 $282.1 - $323 -
1960 $258.3 - $276.1 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $8,263 in Gabon, ranking 96/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Gabon ranks 90th at $21,510.

Economic indicators

Colombia Gabon
Gross domestic product
$457B
2025
$21.4B
2025
GDP rank
37/197
2025
132/197
2025
GDP growth
2.64%
2024-2025
2.47%
2024-2025
GDP per capita
$8,562
2025
$8,263
2025
GDP per capita rank
94/197
2025
96/197
2025
GDP per capita, PPP
$22,349
2024
$21,510
2024
GDP per capita PPP rank
87/197
2024
90/197
2024
Government debt
$274B
2025
$16.9B
2025
Debt-to-GDP ratio
59.9%
2025
78.9%
2025
Government debt per person
$5,126
2025
$6,521
2025
Government debt per person rank
85/185
2025
74/185
2025
Average annual personal income after taxes
$6,463
2026
$5,617
2026
Market capitalization of domestic companies
$133B
2025
n/a
Number of billionaires
4
2026
n/a
Income share by richest 10%
42.7%
2024
27.7%
2017
Income share by poorest 10%
1%
2024
2.2%
2017
Government expenditure, % of GDP
33.2%
2025
28.6%
2025
Consumer prices inflation
5.14%
2024-2025
1.77%
2024-2025
Central bank interest rate
11.3%
2026
n/a
Unemployment rate
8.43%
2025
17.4%
2024
Population
54209462
2676097

Spending and national debt comparison by year

Colombia
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Colombia Gabon
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 28.6% 78.9%
2024 34.4% 61% 24.8% 70.9%
2023 35.1% 55.4% 21.5% 70.6%
2022 34.1% 61.3% 19.7% 65.6%
2021 34.5% 64.4% 17.3% 72.9%
2020 33.7% 65.3% 19.8% 83%
2019 32.9% 51% 17.4% 59.8%
2018 34.7% 51.8% 17.1% 62.3%
2017 29.3% 49.4% 18.1% 62.9%
2016 30% 49.9% 21.8% 64.5%
2015 31.3% 50.4% 22.3% 44.7%
2014 31.3% 43.3% 23.8% 34.1%
2013 30% 37.6% 34.7% 31.1%
2012 29.1% 34% 23.9% 21.4%
2011 30.2% 35.8% 22.1% 21.4%
2010 30.4% 36.5% 23.1% 21.3%
2009 30.9% 35.4% 22.6% 26%
2008 28.4% 32.4% 18.9% 20.1%
2007 28.2% 32.7% 19.4% 39.2%
2006 28.4% 36% 21.1% 34.9%
2005 25.9% 38.5% 20.8% 41.7%
2004 26.6% 41.5% 20.9% 60.3%
2003 28% 45% 21.2% 70.2%
2002 28.1% 47.5% 25.7% 81.1%
2001 27.5% 41.1% 27.8% 81%
2000 26.6% 38% 20.3% 72.5%
1999 28.3% 34% 25.5% 73.1%
1998 26.3% 27.5% 45.5% 87.6%
1997 26.2% 25.3% 29.7% 57%
1996 25.1% 23.3% 22.2% 64.5%
1995 22.2% 13.8% 25.1% 73.4%
1994 20.6% 12.5% 23.9% 71.3%
1993 20% 14.2% 26.9% 90.1%
1992 18.4% 16.1% 26.5% 87.9%
1991 17.7% 14.5% 25.1% 89.3%
1990 17.4% 16.7% 22.6% 90%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Gabon spent $6.14B, or 28.6% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 78.9% in Gabon, ranking 78/185 and 44/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Gabon
1x
Year Deficit/surplus, % of GDP
Colombia Gabon
2025 -5.75% -8.47%
2024 -6.04% -3.3%
2023 -2.92% 1.79%
2022 -6.36% -0.89%
2021 -7.28% -1.93%
2020 -7.12% -2.19%
2019 -3.48% 2.13%
2018 -4.67% -0.21%
2017 -2.5% -1.7%
2016 -2.27% -4.71%
2015 -3.52% -1.12%
2014 -1.74% 5.98%
2013 -1.02% -3.07%
2012 0.15% 6.2%
2011 -1.99% 1.41%
2010 -3.3% 2.7%
2009 -2.67% 6.77%
2008 0.04% 11%
2007 -0.82% 8.06%
2006 -0.99% 8.67%
2005 -0.02% 7.98%
2004 -1.31% 6.99%
2003 -2.7% 7.75%
2002 -3.45% 3.72%
2001 -2.71% 4.07%
2000 -2.94% 11.1%
1999 -5.37% 1.11%
1998 -3.86% -13.1%
1997 -3.23% 1.41%
1996 -2.49% 2.12%
1995 -1% 2.64%
1994 -0.14% -1.53%
1993 -0.24% -5.35%
1992 -0.07% -4.9%
1991 0.35% -2.03%
1990 -0.41% -3.83%
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Colombia's government deficit, the difference between spending and revenue, was $26.3B, equivalent to 5.75% of GDP. This compares to Gabon's deficit of $1.82B, or 8.47% of GDP.

Over the past 36 years, Colombia recorded a fiscal deficit in 33 of those years, while Gabon ran a deficit in 16 years. On average, Colombia posted an annual deficit equal to 2.61% of GDP, compared to surplus of 1.26% of GDP for Gabon.

Inflation comparison by year

Inflation
Colombia

Gabon
1x
Year Consumer prices inflation
Colombia Gabon
2025 5.14% 1.77%
2024 6.61% 1.17%
2023 11.7% 3.63%
2022 10.2% 4.23%
2021 3.5% 1.09%
2020 2.53% 1.35%
2019 3.52% 2.46%
2018 3.24% 4.75%
2017 4.31% 2.65%
2016 7.51% 2.11%
2015 4.99% -0.34%
2014 2.9% 4.69%
2013 2.02% 0.51%
2012 3.17% 2.65%
2011 3.42% 1.26%
2010 2.27% 1.46%
2009 4.2% 1.89%
2008 7% 5.26%
2007 5.54% 5.03%
2006 4.29% -1.41%
2005 5.05% 3.71%
2004 5.9% 0.41%
2003 7.13% 2.24%
2002 6.35% 0.04%
2001 7.97% 2.14%
2000 9.23% 0.5%
1999 10.9% -1.94%
1998 18.7% 1.45%
1997 18.5% 3.97%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 2.03% in Gabon. In 2025, inflation was 5.14% in Colombia and 1.77% in Gabon.

Top exports between countries

Colombia
Export category Export value
Raw materials & minerals $8.94M
Processed food, beverages & tobacco $2.15M
Animal & marine products $717K
Machinery & equipment $230K
Textiles & consumer goods $117K
Metals $7K
Miscellaneous $5K
Chemicals & pharma $2K
Gabon
Export category Export value
Raw materials & minerals $10.3M
Machinery & equipment $8.45M
Metals $276K
Miscellaneous $60K
Textiles & consumer goods $45K

Balance of trade

Colombia Gabon
Current account balance
-$10.9B
2025
$141M
2015
Current account balance ranking
176/190
2025
61/190
2015
Current account balance, % of GDP
-2.38%
2025
+0.98%
2015
Goods imports
$66.3B
2025
$3.17B
2015
Goods exports
$51.5B
2025
$5.11B
2015
Service imports
$19.6B
2025
$1.88B
2015
Service exports
$19.6B
2025
$277M
2015
Imports of goods and services, % of GDP
20.4%
2025
29.4%
2025
Exports of goods and services, % of GDP
15%
2025
55.5%
2025

Economic freedom indices

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

Colombia Gabon
Economic freedom 59.8 56.6
Economic freedom ranking 101/197 120/197
Property rights 43.1 30
Government integrity 41.6 22.6
Judicial effectiveness 57.4 19.9
Tax burden 68.6 76.5
Government spending 64 85.5
Fiscal health 49.8 87.9
Business freedom 71.2 63.6
Labor freedom 59.1 55.4
Monetary freedom 71.9 80.9
Trade freedom 71.4 57.4
Investment freedom 60 60
Financial freedom 60 40

Economic freedom comparison by year

Colombia
Gabon
1x
Year Economic freedom index
Colombia Gabon
2026 59.8 56.6
2025 59.8 56.3
2024 59.2 56.9
2023 63.1 56.1
2022 65.1 55.8
2021 68.1 58.1
2020 69.2 56.7
2019 67.3 56.3
2018 68.9 58
2017 69.7 58.6
2016 70.8 59
2015 71.7 58.3
2014 70.7 57.8
2013 69.6 57.8
2012 68 56.4
2011 68 56.7
2010 65.5 55.4
2009 62.3 55
2008 62.2 54.2
2007 59.9 54.8
2006 60.4 56.1
2005 59.6 54.8
2004 61.2 57.1
2003 64.2 58.7
2002 64.2 58
2001 65.6 55
2000 63.3 58.2
1999 65.3 60.5
1998 65.5 59.2
1997 66.4 58.8
1996 64.3 55.7
1995 64.5 57.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Gabon
Services, % of GDP
58.5%
2025
42.3%
2025
Industry, % of GDP
21.8%
2025
47.2%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
6.75%
2025
GNI, Atlas method
$422B
2025
$21B
2025
GNI per capita, PPP
$22,250
2025
$21,660
2025
Total reserves including gold
$65.8B
2025
$639M
2024
Total reserves ranking
41/177
2025
150/177
2024
Net foreign direct investment
-$7.31B
2025
-$25.3M
2015
Net inflows of foreign direct investment
$13.7B
2024
$1.14B
2024
Net outflows of foreign direct investment
$4.51B
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI
8.17%
2024
5.62%
2024
Poverty at national poverty lines
31.8%
2024
33.4%
2017
Gross capital formation, % of GDP
16.7%
2025
24.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.