Colombia vs Monaco: Economic Indicators Comparison

Colombia with a GDP of $331B ranked the 39th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Colombia and Monaco ranked 94th vs 1st, respectively.

Gross Domestic Product & Income

Stat	Colombia	Monaco
GDP	$331B	$7.2B
GDP growth, 1 year	2.7%	6.1%
GDP growth, 5-years average	2.8%	N/A
Population	49.1M	39k
GDP per capita	$6.7k	$186k
GDP per capita growth	1.02%	5.3%
Purchasing Power Parity conversion factor	1312.74	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.44	N/A
GDP per capita, PPP adjusted	$15k	$98k
GNI, Atlas method	$306.9B	N/A
GNI per capita	$6.2k	N/A
GNI, PPP adjusted	$718.9B	N/A
GNI per capita, PPP adjusted	$14k	N/A

Financial system and Human development

Stat	Colombia	Monaco
Income Tax Rate	39%	N/A
Corporate Tax Rate	33%	N/A
Inflation, consumer prices	3.2%	N/A
Inflation, GDP deflator	3.7%	0.8%
Unemployment	9.1%	6.3%
Economic Freedom Index	69.2	83
Personal Freedom Index	6.93	8.7
Human Freedom Index	6.78	8.7
Property Rights Index	61.1	N/A
Judical Effectiveness Index	32.8	N/A
Business Freedom Index	71.3	N/A
Fiscal Health Index	85.5	N/A
Labor Freedom Index	78	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	81.2	N/A
Monetary Freedom Index	77.5	N/A
Government Spending Index	77	N/A
Tax Burden Index	70.4	N/A
Government Integrity Index	46.1	N/A
Corruption Perceptions Index	36	82
Life expectancy at birth, years	76.9	89.7
Suicide mortality rate, per 100,000 people	7.2	0.2
Mortality caused by road traffic injury, per 100,000 people	18.5	0
Intentional homicides, per 100,000 people	24.9	0
International tourism, number of arrivals	3.9M	347k

Government debt & reserves

Stat	Colombia	Monaco
Central government debt, % of GDP	50.5%	N/A
External debt stocks, % of GNI	42.3%	N/A
External debt stocks	$134.9B	N/A
Short-term debt, % of total reserves	31.5%	N/A
Total debt service, % of exports and primary income	40.8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	2.8%	N/A
Gross savings, % of GDP	15.1%	N/A
Gross capital formation, % of GDP	21.2%	N/A
Total reserves including gold	$47.9B	N/A
Foreign direct investment net inflows	$11.5B	N/A

Exports, imports and economic structure

Stat	Colombia	Monaco
Exports of goods and services, % of GDP	15.9%	N/A
Imports of goods and services, % of GDP	20.8%	N/A
Current account balance (balance of payments)	-$13B	N/A
Revenue excluding grants, % of GDP	22.9%	N/A
Grants excluding technical cooperation, BoP	$741.3M	N/A
Personal remittances received	$6.4B	N/A
Industry including construction value added, % of GDP	26.7%	13.1%
Agriculture, forestry and fishing value added, % of GDP	6.3%	N/A
Charges for the use of intellectual property, payments BoP	$471.4M	N/A
Charges for the use of intellectual property, receipts BoP	$105.6M	N/A
Expense, % of GDP	25.3%	N/A
Government Expenditure, % of GDP	27.7%	N/A