Colombia vs the Gambia: Economic Indicators Comparison

Colombia with a GDP of $331B ranked the 39th largest economy in the world, while the Gambia ranked 178th with $1.6B. By GDP 5-years average growth and GDP per capita, Colombia and the Gambia ranked 101st vs 80th and 94th vs 183rd, respectively.

Gross Domestic Product & Income

StatColombiaGambia
GDP$331B$1.6B
GDP growth, 1 year2.7%6.6%
GDP growth, 5-years average2.8%3.3%
Population49.1M2.1M
GDP per capita$6.7k$716
GDP per capita growth1.02%3.45%
Purchasing Power Parity conversion factor1312.7413.2
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.27
GDP per capita, PPP adjusted$15k$2.8k
GNI, Atlas method$306.9B$1.6B
GNI per capita$6.2k$710
GNI, PPP adjusted$718.9B$5.8B
GNI per capita, PPP adjusted$14k$2.6k

Financial system and Human development

StatColombiaGambia
Income Tax Rate39%35%
Corporate Tax Rate33%32%
Inflation, consumer prices3.2%6.5%
Inflation, GDP deflator3.7%5.2%
Unemployment9.1%8.9%
Economic Freedom Index69.256.3
Personal Freedom Index6.935.86
Human Freedom Index6.786.52
Property Rights Index61.143.9
Judical Effectiveness Index32.843.4
Business Freedom Index71.353.5
Fiscal Health Index85.525.3
Labor Freedom Index7867.4
Investment Freedom Index8065
Financial Freedom Index7050
Trade Freedom Index81.264.6
Monetary Freedom Index77.563.3
Government Spending Index7785.6
Tax Burden Index70.474.6
Government Integrity Index46.139.2
Corruption Perceptions Index3637
Life expectancy at birth, years76.961.4
Suicide mortality rate, per 100,000 people7.25.1
Mortality caused by road traffic injury, per 100,000 people18.529.7
Intentional homicides, per 100,000 people24.99.1
International tourism, number of arrivals3.9M552k

Government debt & reserves

StatColombiaGambia
Central government debt, % of GDP50.5%83.2%
External debt stocks, % of GNI42.3%42.7%
External debt stocks$134.9B$681.4M
Short-term debt, % of total reserves31.5%9.4%
Total debt service, % of exports and primary income40.8%16.8%
Adjusted net savings including particulate emission damage, % of GNI2.8%-12.7%
Gross savings, % of GDP15.1%8.6%
Gross capital formation, % of GDP21.2%17%
Total reserves including gold$47.9B$191.8M
Foreign direct investment net inflows$11.5B$33M

Exports, imports and economic structure

StatColombiaGambia
Exports of goods and services, % of GDP15.9%21.9%
Imports of goods and services, % of GDP20.8%41.5%
Current account balance (balance of payments)-$13B-$78.6M
Revenue excluding grants, % of GDP22.9%10.1%
Grants excluding technical cooperation, BoP$741.3M$126M
Personal remittances received$6.4B$203.6M
Industry including construction value added, % of GDP26.7%15.6%
Agriculture, forestry and fishing value added, % of GDP6.3%19.9%
Charges for the use of intellectual property, payments BoP$471.4MN/A
Charges for the use of intellectual property, receipts BoP$105.6MN/A
Expense, % of GDP25.3%10.7%
Government Expenditure, % of GDP27.7%21.9%

Compare with countries close by GDP per capita

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

Gambia vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M