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Economy of Colombia vs Japan compared: GDP & Debt

Updated on by Georank team

Colombia has a GDP of $419B compared to $4.03T for Japan, ranking 40/197 and 4/197 by economy size, respectively.

Colombia has $256B in government debt (59.7% of GDP), compared to $9.53T (234.9% of GDP) in Japan.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Colombia
GDP, current $

GDP, constant 2015 $
Japan
GDP, current $

GDP, constant 2015 $
Year GDP
Colombia Japan
Current $ Constant $ Current $ Constant $
1960 $4,031,152,977 $30,607,351,921 $47,419,238,274 $595,545,661,031
1961 $4,540,447,761 $32,165,026,473 $57,266,758,180 $667,270,419,544
1962 $4,955,538,219 $33,905,762,200 $64,987,857,542 $726,717,361,028
1963 $4,836,166,667 $35,020,145,448 $74,379,284,603 $788,296,791,336
1964 $5,973,366,667 $37,179,817,269 $87,490,590,818 $880,343,907,381
1965 $5,760,761,905 $38,518,294,925 $97,338,107,606 $931,577,351,069
1966 $5,428,518,519 $40,535,396,289 $113,046,784,179 $1,030,683,781,033
1967 $5,825,170,438 $42,211,479,865 $132,475,614,227 $1,144,905,624,565
1968 $5,960,212,869 $44,715,936,774 $156,897,496,759 $1,292,397,726,863
1969 $6,450,175,214 $47,444,734,556 $184,298,841,305 $1,453,661,751,929
1970 $7,198,360,460 $50,390,007,346 $217,223,652,719 $1,459,462,598,522
1971 $7,820,380,971 $53,393,618,596 $245,364,056,622 $1,528,042,629,883
1972 $8,671,358,733 $57,488,453,985 $324,933,841,269 $1,656,605,218,635
1973 $10,315,760,000 $61,353,376,859 $441,460,582,536 $1,789,673,689,006
1974 $12,370,029,584 $64,878,592,920 $490,035,789,970 $1,767,745,894,180
1975 $13,098,633,902 $66,385,888,257 $532,861,438,885 $1,822,397,100,508
1976 $15,341,403,660 $69,524,857,841 $598,883,902,156 $1,894,837,095,325
1977 $19,470,960,619 $72,416,052,846 $737,069,290,928 $1,978,026,847,419
1978 $23,263,511,958 $78,549,620,713 $1,035,611,588,217 $2,082,307,265,730
1979 $27,940,411,250 $82,774,898,276 $1,077,910,077,676 $2,196,501,867,257
1980 $33,400,735,644 $86,158,201,123 $1,129,377,244,854 $2,258,390,310,743
1981 $36,388,366,869 $88,119,913,722 $1,245,221,410,764 $2,354,611,841,484
1982 $38,968,039,722 $88,955,661,301 $1,158,731,426,906 $2,431,837,052,476
1983 $38,729,822,782 $90,355,784,303 $1,270,859,919,743 $2,520,117,566,448
1984 $38,253,120,738 $93,383,320,875 $1,345,824,500,837 $2,631,276,932,032
1985 $34,894,419,443 $96,284,839,824 $1,427,019,759,717 $2,767,045,767,160
1986 $34,942,489,684 $101,892,542,204 $2,120,083,812,110 $2,858,193,572,218
1987 $36,373,307,085 $107,363,083,659 $2,580,748,422,781 $2,991,067,029,861
1988 $39,212,550,050 $111,726,505,380 $3,125,724,434,401 $3,190,321,043,523
1989 $39,540,080,200 $115,540,955,654 $3,109,455,047,824 $3,347,469,412,118
1990 $47,844,090,710 $120,488,417,446 $3,185,904,656,664 $3,509,518,031,563
1991 $49,637,993,949 $122,900,122,762 $3,648,065,760,649 $3,633,170,889,061
1992 $58,394,443,378 $127,871,346,008 $3,980,702,922,118 $3,665,890,719,857
1993 $66,474,101,301 $134,757,742,185 $4,536,940,479,038 $3,649,056,226,896
1994 $81,705,497,617 $142,593,449,287 $4,998,797,547,741 $3,688,589,488,079
1995 $92,495,970,511 $150,011,784,498 $5,545,563,663,890 $3,785,636,263,362
1996 $97,153,389,011 $153,095,808,839 $4,923,391,533,852 $3,904,273,220,110
1997 $106,656,492,294 $158,347,444,691 $4,492,448,605,639 $3,942,583,070,732
1998 $98,486,358,581 $159,249,683,235 $4,098,362,709,531 $3,892,499,235,708
1999 $86,278,947,637 $152,554,802,279 $4,635,982,224,064 $3,879,501,014,657
2000 $99,875,074,951 $157,016,818,929 $4,968,359,075,957 $3,986,755,544,464
2001 $98,200,641,203 $159,651,401,477 $4,374,711,694,091 $4,002,148,544,213
2002 $97,945,812,803 $163,649,041,384 $4,182,846,045,874 $4,003,827,945,767
2003 $94,644,969,157 $170,061,255,793 $4,519,561,645,254 $4,065,291,729,517
2004 $117,092,416,666 $179,130,660,093 $4,893,116,005,657 $4,154,163,710,039
2005 $145,600,529,606 $187,780,451,739 $4,831,467,035,390 $4,229,100,705,436
2006 $161,792,958,905 $200,393,418,124 $4,601,663,122,650 $4,287,138,774,362
2007 $206,229,540,926 $213,896,316,785 $4,579,750,920,355 $4,350,758,602,406
2008 $242,504,150,473 $220,919,487,241 $5,106,679,115,127 $4,297,492,743,393
2009 $232,468,663,110 $223,437,193,185 $5,289,493,117,994 $4,052,826,324,004
2010 $286,498,534,095 $233,479,933,032 $5,759,071,769,013 $4,218,907,820,179
2011 $334,966,134,805 $249,701,866,578 $6,233,147,172,341 $4,219,912,322,040
2012 $370,691,143,018 $259,471,791,121 $6,272,362,996,105 $4,277,925,608,846
2013 $382,093,697,078 $272,793,056,064 $5,212,328,181,166 $4,363,702,302,793
2014 $381,240,864,422 $285,066,097,497 $4,896,994,405,353 $4,376,627,829,635
2015 $293,492,370,193 $293,492,370,193 $4,444,930,651,964 $4,444,930,651,964
2016 $282,720,100,286 $299,618,678,572 $5,003,677,627,544 $4,478,437,728,050
2017 $311,866,875,157 $303,691,577,642 $4,930,837,369,151 $4,553,466,417,290
2018 $334,198,218,098 $311,479,214,512 $5,040,880,939,325 $4,582,763,011,479
2019 $323,031,701,193 $321,405,606,656 $5,117,993,853,017 $4,564,332,550,096
2020 $270,348,342,541 $298,309,675,728 $5,054,068,005,376 $4,374,056,271,824
2021 $318,524,633,225 $330,530,695,025 $5,039,148,168,861 $4,492,005,937,827
2022 $345,632,492,851 $354,752,900,899 $4,262,463,317,797 $4,534,320,578,756
2023 $366,291,836,138 $357,280,089,728 $4,213,167,237,906 $4,601,203,385,714
2024 $418,542,042,920 $363,510,345,115 $4,026,210,821,147 $4,605,054,526,892

Economic indicators

Colombia Japan
Gross domestic product
$419B
2024
$4.03T
2024
GDP rank
40/197
2024
4/197
2024
GDP growth
14.3%
2023-2024
-4.44%
2023-2024
GDP per capita
$7,914
2024
$32,476
2024
GDP per capita rank
97/197
2024
37/197
2024
GDP per capita, PPP
$21,495
2024
$51,685
2024
Government debt
$256B
2024
$9.53T
2024
Debt-to-GDP ratio
59.7%
2025
234.9%
2025
Government debt per person
$4,849
2024
$76,857
2024
Government debt per person rank
81/185
2024
3/185
2024
Average annual personal income after taxes
$5,346
2025
$23,719
2025
Market capitalization of domestic companies
$72.6B
2024
$6.31T
2024
Number of millionaires n/a
2,827,956
2024
Number of billionaires
4
2025
42
2025
Income share by richest 10%
42.7%
2023
23.9%
2020
Income share by poorest 10%
1.1%
2023
2.4%
2020
Government expenditure, % of GDP
32.5%
2025
39.6%
2025
Consumer prices inflation
6.61%
2023-2024
2.74%
2023-2024
Central bank interest rate
9.25%
2025
0.5%
2025
Unemployment rate
9.62%
2024
2.5%
2024
Population
53835787
123324642

GDP per capita in Colombia vs Japan

Colombia's GDP per capita is $7,914, ranking 97/197, compared to $32,476 in Japan, ranking 37/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 90th at $21,495, while Japan ranks 40th at $51,685.

Colombia
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
Year Current $
Colombia Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $258.3 - $509 -
1961 $282.1 - $609 -
1962 $298.5 - $685 -
1963 $282.6 - $776 -
1964 $339 - $903 -
1965 $317 - $994 -
1966 $290.3 - $1,144 -
1967 $303 - $1,326 -
1968 $302 - $1,553 -
1969 $318 - $1,803 -
1970 $346 - $2,101 -
1971 $367 - $2,321 -
1972 $397 - $3,031 -
1973 $462 - $4,061 -
1974 $542 - $4,448 -
1975 $561 - $4,776 -
1976 $643 - $5,310 -
1977 $798 - $6,473 -
1978 $932 - $9,012 -
1979 $1,095 - $9,301 -
1980 $1,280 - $9,669 -
1981 $1,362 - $10,583 -
1982 $1,425 - $9,780 -
1983 $1,384 - $10,652 -
1984 $1,336 - $11,207 -
1985 $1,192 - $11,809 -
1986 $1,169 - $17,452 -
1987 $1,193 - $21,142 -
1988 $1,260 - $25,500 -
1989 $1,244 - $25,266 -
1990 $1,475 $5,109 $25,801 $19,913
1991 $1,500 $5,281 $29,428 $21,228
1992 $1,730 $5,509 $31,993 $21,826
1993 $1,930 $5,826 $36,345 $22,169
1994 $2,326 $6,174 $39,934 $22,823
1995 $2,583 $6,506 $44,198 $23,859
1996 $2,664 $6,639 $39,150 $25,001
1997 $2,873 $6,861 $35,638 $25,620
1998 $2,606 $6,854 $32,424 $25,510
1999 $2,244 $6,544 $36,610 $25,736
2000 $2,555 $6,776 $39,169 $27,287
2001 $2,473 $6,935 $34,406 $27,942
2002 $2,429 $7,109 $32,821 $28,624
2003 $2,312 $7,420 $35,387 $29,392
2004 $2,819 $7,909 $38,299 $30,831
2005 $3,456 $8,432 $37,813 $32,170
2006 $3,790 $9,154 $35,992 $33,635
2007 $4,770 $9,909 $35,779 $35,016
2008 $5,542 $10,307 $39,876 $35,274
2009 $5,251 $10,367 $41,309 $33,547
2010 $6,398 $10,841 $44,968 $35,335
2011 $7,401 $11,707 $48,760 $36,214
2012 $8,109 $12,093 $49,145 $37,606
2013 $8,279 $12,780 $40,899 $39,402
2014 $8,187 $13,355 $38,475 $39,555
2015 $6,249 $13,332 $34,961 $40,907
2016 $5,960 $14,027 $39,375 $40,597
2017 $6,480 $14,401 $38,834 $41,444
2018 $6,817 $15,239 $39,751 $42,142
2019 $6,473 $16,182 $40,416 $42,678
2020 $5,340 $15,519 $40,029 $42,426
2021 $6,223 $17,383 $40,095 $44,355
2022 $6,680 $20,696 $34,066 $47,396
2023 $7,001 $20,944 $33,836 $49,897
2024 $7,914 $21,495 $32,476 $51,685

Spending and national debt comparison

In 2024, Colombia's government spending was $138B, accounting for 32.5% of its GDP, while Japan's spent $1.59T, or 39.6% of GDP.

Debt-to-GDP ratio is 59.7% in Colombia and 234.9% in Japan, ranking 82/185 and 3/185, respectively.

Colombia
Government spending

Government debt
Japan
Government spending

Government debt
Year % of GDP
Colombia Japan
Government spending Government debt Government spending Government debt
1960 6.7% 7.2% 18.4% 10.4%
1961 8.6% 8.7% 18.2% 8.44%
1962 7.8% 14.8% 19.4% 9.01%
1963 8.6% 13.9% 20% 8.66%
1964 8.1% 13.1% 19.8% 8.53%
1965 7% 15.2% 20.4% 9.78%
1966 8% 15.3% 20.8% 11.2%
1967 8.2% 15.8% 19.9% 11.4%
1968 8.9% 16.2% 20.1% 11.8%
1969 9.2% 17% 19.8% 11.4%
1970 10% 16.7% 20.2% 11.2%
1971 10.3% 16.2% 21.8% 12.6%
1972 10.3% 16.9% 23.1% 16.3%
1973 9.4% 16.3% 23.3% 15.9%
1974 8.8% 15.9% 25.5% 16.7%
1975 9.4% 14.6% 28.5% 20.9%
1976 8% 12.2% 29.1% 26.1%
1977 7.7% 9.2% 30.4% 31.1%
1978 8.1% 7.6% 32.1% 39%
1979 8.6% 7.7% 33.2% 43.8%
1980 9.6% 8% 33.5% 47.8%
1981 9.9% 8.5% 31.5% 52.8%
1982 10.6% 8.8% 31.7% 57.7%
1983 10.2% 10.8% 31.8% 63.5%
1984 10.3% 15.5% 31.2% 65.6%
1985 10.5% 19.3% 30.4% 68.3%
1986 9.8% 20.2% 30.4% 74.1%
1987 9.7% 18.9% 30.6% 75.8%
1988 10.3% 17.9% 29.9% 71.9%
1989 10.3% 17.3% 29.2% 65.7%
1990 17.4% 16.7% 29.5% 63.2%
1991 17.7% 14.5% 29.3% 62.4%
1992 18.4% 16.1% 30.3% 66.8%
1993 20% 14.2% 32.1% 72.8%
1994 20.6% 12.5% 32.8% 84.4%
1995 22.2% 13.8% 33.4% 92.5%
1996 25.1% 23.3% 33.8% 98.1%
1997 26.2% 25.3% 33.1% 105%
1998 26.3% 27.4% 38.6% 116%
1999 28.2% 34% 35.6% 129.5%
2000 26.6% 38% 36% 135.6%
2001 27.5% 41.1% 35.2% 145.1%
2002 28.1% 47.5% 35.4% 154.1%
2003 28% 45% 35% 160%
2004 26.6% 41.5% 33.7% 169.5%
2005 25.9% 38.5% 33.5% 174.6%
2006 28.4% 36% 33.1% 174.1%
2007 28.2% 32.7% 33.1% 173%
2008 28.4% 32.4% 34.1% 180.9%
2009 30.9% 35.4% 38.7% 198.8%
2010 30.4% 36.5% 37.7% 205.9%
2011 30.2% 35.8% 38.6% 219.2%
2012 29.1% 34% 38.6% 226.1%
2013 30% 37.6% 38.8% 229.5%
2014 31.3% 43.3% 38.4% 233.3%
2015 31.3% 50.4% 37.3% 228.3%
2016 30% 49.9% 37.2% 232.4%
2017 29.3% 49.4% 36.7% 231.3%
2018 34.7% 51.8% 36.7% 232.4%
2019 32.9% 51% 37.3% 236.4%
2020 33.5% 65.3% 44.5% 258.4%
2021 34.3% 64.4% 42.5% 253.7%
2022 33.9% 61.3% 41.8% 248.3%
2023 35.4% 55.5% 39.1% 240%
2024 32.9% 61.3% 39.4% 236.7%
2025 32.5% 59.7% 39.6% 234.9%

Government deficit by year

In 2024, Colombia's government deficit, the difference between spending and revenue, was -$19.8B, equivalent to -4.73% of GDP. This compares to Japan's deficit of -$99.8B, or -2.48% of GDP.

Over the past 65 years, Colombia recorded a fiscal deficit in 56 of those years, while Japan ran a deficit in 47 years. On average, Colombia posted an annual deficit equal to -1.84% of GDP, compared to deficit of -3.01% of GDP for Japan.

Deficit/surplus
Colombia

Japan
Year Deficit/surplus, % of GDP
Colombia Japan
1875 - 0.005%
1876 - -0.42%
1877 - -0.29%
1878 - 0.02%
1879 - 0.02%
1880 - 0.004%
1881 - 0.001%
1882 - 0.001%
1883 - 0.03%
1884 - 0.001%
1885 - 0.01%
1886 - 0.03%
1887 - 0.11%
1888 - 0.13%
1889 - 0.18%
1890 - 0.74%
1891 - 0.61%
1892 - 0.63%
1893 - 0.6%
1894 - -0.24%
1895 - 0.28%
1896 - 0.88%
1897 - 0.33%
1898 - 0.6%
1899 - 0.2%
1900 - 0.53%
1901 - 0.21%
1902 - 0.44%
1903 - 0.19%
1904 - -0.81%
1905 -0.9% -0.68%
1906 0.2% 0.46%
1907 -2.7% 1.77%
1908 -2.7% 1.63%
1909 -3.3% 1.51%
1910 -0.3% 1.57%
1911 -0.1% 1.21%
1912 -0.3% 1.27%
1913 0.5% 1.21%
1914 -0.5% 1.31%
1915 -0.2% 1.41%
1916 0.2% 1.37%
1917 -0.5% 1.54%
1918 -2.1% 1.58%
1919 -0.8% 1.21%
1920 0.4% 1.19%
1921 -1.6% 1.43%
1922 -0.7% 0.89%
1923 0.3% 0.87%
1924 0.5% 0.84%
1925 1% 0.75%
1926 0% 0.65%
1927 -0.6% 0.58%
1928 -0.4% 0.42%
1929 0.4% 0.5%
1930 0.3% 0.19%
1931 -0.2% 0.23%
1932 -0.8% 0.31%
1933 -0.4% 0.28%
1934 0.2% 0.34%
1935 1.3% 0.26%
1936 1.1% 0.34%
1937 1.4% 0.71%
1938 0.5% 0.45%
1939 0.8% 0.11%
1940 -1.5% 0.31%
1941 0% -0.19%
1942 -1.5% -0.13%
1943 -0.7% 0.32%
1944 -0.2% 0.32%
1945 0.1% 0.32%
1946 -0.5% 0.32%
1947 0.2% 6.09%
1948 -0.1% 7.53%
1949 0.5% 12.5%
1950 0.9% 6.99%
1951 2.1% 5.06%
1952 1.6% 2.22%
1953 1.3% 1.65%
1954 1.3% 0.7%
1955 0.7% -0.67%
1956 -0.2% 1.39%
1957 1.4% 1.27%
1958 1.7% -0.1%
1959 2% 0.97%
1960 1.2% 1.85%
1961 -1.5% 2.58%
1962 -1.6% 1.49%
1963 -1.7% 1.08%
1964 -1.1% 0.85%
1965 -0.6% 0.48%
1966 0.1% -0.34%
1967 -0.2% 0.8%
1968 0% 0.88%
1969 -0.5% 1.26%
1970 -0.7% 1.74%
1971 -1% 1.21%
1972 -1.7% -0.13%
1973 -1.1% 0.56%
1974 -1.2% 0.38%
1975 -0.5% -2.92%
1976 0.6% -3.89%
1977 0.5% -4.02%
1978 0.3% -5.79%
1979 -0.7% -5%
1980 -2.2% -4.66%
1981 -2.8% -3.85%
1982 -3.6% -3.81%
1983 -3.1% -3.95%
1984 -3.3% -2.62%
1985 -2.4% -1.37%
1986 -1.4% -1.36%
1987 -0.4% -0.36%
1988 -1.3% 0.49%
1989 -1.4% 1.23%
1990 -0.41% 1.96%
1991 0.35% 1.67%
1992 -0.07% 0.57%
1993 -0.24% -2.39%
1994 -0.14% -3.76%
1995 -1% -4.3%
1996 -2.49% -4.87%
1997 -3.23% -3.53%
1998 -3.86% -10%
1999 -5.37% -6.75%
2000 -2.94% -7.28%
2001 -2.71% -6.2%
2002 -3.45% -7.34%
2003 -2.7% -7.43%
2004 -1.31% -5.31%
2005 -0.02% -4.44%
2006 -0.99% -3.03%
2007 -0.82% -2.9%
2008 0.04% -4.11%
2009 -2.67% -9.69%
2010 -3.3% -9.08%
2011 -1.99% -8.99%
2012 0.15% -8.2%
2013 -1.02% -7.61%
2014 -1.74% -5.62%
2015 -3.52% -3.68%
2016 -2.27% -3.6%
2017 -2.5% -3.1%
2018 -4.67% -2.47%
2019 -3.48% -3.04%
2020 -6.96% -9.08%
2021 -7.09% -6.13%
2022 -6.17% -4.24%
2023 -3.22% -2.26%
2024 -4.73% -2.48%
2025 -4.44% -2.85%

Inflation comparison by year

Over the past 29 years, Colombia has recorded an average annual inflation rate of 7.01%, compared with 0.43% in Japan. In 2024, inflation was 6.61% in Colombia and 2.74% in Japan.

Inflation
Colombia

Japan
Year Inflation
Colombia Japan Colombia Japan
1996 20.8% 0.14%
1997 18.5% 1.75%
1998 18.7% 0.66%
1999 10.9% -0.34%
2000 9.23% -0.68%
2001 7.97% -0.74%
2002 6.35% -0.92%
2003 7.13% -0.26%
2004 5.9% -0.009%
2005 5.05% -0.28%
2006 4.29% 0.25%
2007 5.54% 0.06%
2008 7% 1.38%
2009 4.2% -1.35%
2010 2.27% -0.73%
2011 3.42% -0.27%
2012 3.17% -0.04%
2013 2.02% 0.34%
2014 2.9% 2.76%
2015 4.99% 0.8%
2016 7.51% -0.13%
2017 4.31% 0.48%
2018 3.24% 0.99%
2019 3.52% 0.47%
2020 2.53% -0.02%
2021 3.5% -0.23%
2022 10.2% 2.5%
2023 11.7% 3.27%
2024 6.61% 2.74%

Top exports between countries

Colombia
Export category Export value
Raw agricultural goods $226M
Raw materials & minerals $183M
Metals $32.3M
Processed food, beverages & tobacco $31.1M
Chemicals & pharma $15M
Machinery & equipment $10.6M
Precious metals & jewellery $6.63M
Textiles & consumer goods $3.16M
Animal & marine products $1.34M
Wood & paper products $99K
Japan
Export category Export value
Machinery & equipment $638M
Metals $275M
Raw materials & minerals $53.4M
Chemicals & pharma $34.4M
Miscellaneous $25.2M
Textiles & consumer goods $3.89M
Processed food, beverages & tobacco $1.05M
Wood & paper products $1.04M
Precious metals & jewellery $79K
Raw agricultural goods $67K

Balance of trade

Colombia Japan
Current account balance
-$7.23B
2024
$194B
2024
Current account balance ranking
173/189
2024
3/189
2024
Current account balance, % of GDP
-1.73%
2024
+4.82%
2024
Goods imports
$60.2B
2024
$719B
2024
Goods exports
$51.1B
2024
$694B
2024
Service imports
$18.2B
2024
$246B
2024
Service exports
$17.9B
2024
$228B
2024
Imports of goods and services, % of GDP
20.9%
2024
23.3%
2023
Exports of goods and services, % of GDP
16%
2024
21.9%
2023

Economic freedom indices

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

Colombia Japan
Economic freedom 59.8 70.2
Economic freedom ranking 99/197 32/197
Property rights 45.5 95.1
Government integrity 40.9 82.8
Judicial effectiveness 58.8 96
Tax burden 67.6 62.5
Government spending 64.4 47.5
Fiscal health 48.7 41.6
Business freedom 68.6 78
Labor freedom 61.7 67.8
Monetary freedom 69.4 74.4
Trade freedom 72.2 76.2
Investment freedom 60 60
Financial freedom 60 60

Economic freedom by year comparison

The Economic Freedom Index for Colombia is 59.8, ranking 99/197, compared to 70.2 for Japan, ranking 32/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Colombia
Japan
Year Economic freedom index
Colombia Japan
1995 64.5 75
1996 64.3 72.6
1997 66.4 70.3
1998 65.5 70.2
1999 65.3 69.1
2000 63.3 70.7
2001 65.6 70.9
2002 64.2 66.7
2003 64.2 67.6
2004 61.2 64.3
2005 59.6 67.3
2006 60.4 73.3
2007 59.9 72.7
2008 62.2 73
2009 62.3 72.8
2010 65.5 72.9
2011 68 72.8
2012 68 71.6
2013 69.6 71.8
2014 70.7 72.4
2015 71.7 73.3
2016 70.8 73.1
2017 69.7 69.6
2018 68.9 72.3
2019 67.3 72.1
2020 69.2 73.3
2021 68.1 74.1
2022 65.1 69.9
2023 63.1 69.3
2024 59.2 67.5
2025 59.8 70.2

More economic indicators

Colombia Japan
Services, % of GDP
58.2%
2024
69.8%
2023
Industry, % of GDP
23.1%
2024
28.6%
2023
Agriculture, forestry, and fishing, % of GDP
9.27%
2024
0.94%
2023
GNI, Atlas method
$373B
2024
$4.47T
2024
GNI per capita, PPP
$21,060
2024
$55,120
2024
Total reserves including gold
$61.9B
2024
$1.23T
2024
Total reserves ranking
38/177
2024
2/177
2024
Net foreign direct investment
-$9.69B
2024
$191B
2024
Net inflows of foreign direct investment
$14.3B
2024
$17.2B
2024
Net outflows of foreign direct investment
$4.58B
2024
$208B
2024
Servicing debt to the IMF, % of GNI
8%
2023
n/a
Poverty at national poverty lines
31.8%
2024
16.1%
2020
Gross capital formation, % of GDP
17.1%
2024
26.2%
2023

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

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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.