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Economy of Colombia vs Nauru compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $176M for Nauru, ranking 37/197 and 195/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $25.8M (14.6% of GDP) in Nauru.

Colombia vs Nauru GDP by year

Colombia
Nauru
1x
Year GDP, current $
Colombia Nauru
2025 $457,410,034,203 $176,040,044
2024 $420,504,033,143 $167,833,415
2023 $366,901,643,683 $161,531,317
2022 $345,632,492,851 $180,671,357
2021 $318,524,633,225 $149,268,324
2020 $270,348,342,541 $124,685,688
2019 $323,031,701,193 $125,160,116
2018 $334,198,218,098 $130,995,566
2017 $311,866,875,157 $109,355,639
2016 $282,720,100,286 $97,541,943
2015 $293,492,370,193 $84,863,441
2014 $381,240,864,422 $99,149,244
2013 $382,093,697,078 $94,385,015
2012 $370,691,143,018 $101,055,723
2011 $334,966,134,805 $65,071,880
2010 $286,498,534,095 $47,562,845
2009 $232,468,663,110 $44,176,246
2008 $242,504,150,473 $37,602,265
2007 $206,229,540,926 $22,766,972
2006 $161,792,958,905 $29,200,359
2005 $145,600,529,606 $30,070,666
2004 $117,092,416,666 $30,587,566
2003 $94,644,969,157 $24,778,160
2002 $97,945,812,803 $21,017,424
2001 $98,200,641,203 $22,613,288
2000 $99,875,074,951 $26,930,980
1999 $86,186,158,685 $27,328,613
1998 $98,443,739,941 $29,664,451
1997 $106,659,508,271 $37,331,507
1996 $97,160,109,278 $37,458,801
1995 $92,507,279,383 $39,969,706
1994 $81,703,500,846 $39,742,511
1993 $66,446,804,803 $43,542,088
1992 $58,418,985,443 $51,133,123
1991 $49,175,565,911 $52,533,789
1990 $47,844,090,710 $55,572,376
1989 $39,540,080,200 $53,736,786
1988 $39,212,550,050 $45,931,134
1987 $36,373,307,085 $40,118,410
1986 $34,942,489,684 $39,939,391
1985 $34,894,411,352 $41,548,741
1984 $38,253,120,738 $47,363,231
1983 $38,729,822,782 $48,439,093
1982 $38,968,039,722 $52,877,742
1981 $36,388,366,869 $51,689,637
1980 $33,400,735,644 $46,947,124
1979 $27,940,411,250 $44,431,330
1978 $23,263,511,958 $41,754,147
1977 $19,470,960,619 $40,444,702
1976 $15,341,403,660 $40,287,427
1975 $13,098,633,902 $40,106,776
1974 $12,370,029,584 $35,994,511
1973 $10,315,760,000 $26,529,817
1972 $8,671,358,733 $21,734,269
1971 $7,820,380,971 $19,009,433
1970 $7,198,360,460 $17,570,366
1969 $6,450,175,214 -
1968 $5,960,212,869 -
1967 $5,825,170,438 -
1966 $5,428,518,519 -
1965 $5,760,761,905 -
1964 $5,973,366,667 -
1963 $4,836,166,667 -
1962 $4,955,543,963 -
1961 $4,540,447,761 -
1960 $4,031,152,977 -

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

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

GDP per capita in Colombia vs Nauru by year

Colombia
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $14,640 -
2024 $7,951 $22,349 $14,048 $14,173
2023 $7,012 $21,246 $13,603 $13,732
2022 $6,680 $20,854 $15,310 $13,245
2021 $6,223 $17,383 $12,748 $12,112
2020 $5,340 $15,519 $10,709 $10,811
2019 $6,473 $16,182 $10,802 $10,555
2018 $6,817 $15,239 $11,414 $9,657
2017 $6,480 $14,401 $9,657 $9,650
2016 $5,960 $14,027 $8,748 $10,281
2015 $6,249 $13,332 $7,747 $9,955
2014 $8,187 $13,355 $9,230 $9,726
2013 $8,279 $12,780 $8,975 $8,429
2012 $8,109 $12,093 $9,843 $8,153
2011 $7,401 $11,707 $6,444 $6,544
2010 $6,398 $10,841 $4,736 $5,620
2009 $5,251 $10,367 $4,411 $5,568
2008 $5,542 $10,307 $3,757 $5,863
2007 $4,770 $9,909 $2,272 $4,789
2006 $3,790 $9,154 $2,910 $5,975
2005 $3,456 $8,432 $2,992 $5,336
2004 $2,819 $7,909 $3,041 $5,169
2003 $2,312 $7,420 $2,463 $5,261
2002 $2,429 $7,109 $2,085 $5,132
2001 $2,473 $6,935 $2,232 $5,587
2000 $2,555 $6,776 $2,649 $5,838
1999 $2,241 $6,544 $2,683 $6,118
1998 $2,605 $6,854 $2,909 $6,450
1997 $2,873 $6,861 $3,661 $7,231
1996 $2,665 $6,639 $3,679 $7,818
1995 $2,584 $6,506 $3,932 $8,726
1994 $2,326 $6,174 $3,921 $9,308
1993 $1,929 $5,826 $4,310 $9,513
1992 $1,730 $5,509 $5,103 $11,167
1991 $1,486 $5,281 $5,333 $13,265
1990 $1,475 $5,109 $5,776 $16,215
1989 $1,244 - $5,723 -
1988 $1,260 - $5,012 -
1987 $1,193 - $4,485 -
1986 $1,169 - $4,569 -
1985 $1,192 - $4,859 -
1984 $1,336 - $5,654 -
1983 $1,384 - $5,896 -
1982 $1,425 - $6,577 -
1981 $1,362 - $6,594 -
1980 $1,280 - $6,138 -
1979 $1,095 - $5,950 -
1978 $932 - $5,721 -
1977 $798 - $5,646 -
1976 $643 - $5,703 -
1975 $561 - $5,740 -
1974 $542 - $5,199 -
1973 $462 - $3,864 -
1972 $397 - $3,191 -
1971 $367 - $2,811 -
1970 $346 - $2,619 -
1969 $318 - - -
1968 $302 - - -
1967 $303 - - -
1966 $290.3 - - -
1965 $317 - - -
1964 $339 - - -
1963 $282.6 - - -
1962 $298.5 - - -
1961 $282.1 - - -
1960 $258.3 - - -

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

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

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $14,640 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Nauru ranks 119th at $14,173.

Economic indicators

Colombia Nauru
Gross domestic product
$457B
2025
$176M
2025
GDP rank
37/197
2025
195/197
2025
GDP growth
2.64%
2024-2025
2.14%
2024-2025
GDP per capita
$8,562
2025
$14,640
2025
GDP per capita rank
94/197
2025
74/197
2025
GDP per capita, PPP
$22,349
2024
$14,173
2024
GDP per capita PPP rank
87/197
2024
119/197
2024
Government debt
$274B
2025
$25.8M
2025
Debt-to-GDP ratio
59.9%
2025
14.6%
2025
Government debt per person
$5,126
2025
$2,145
2025
Government debt per person rank
85/185
2025
118/185
2025
Average annual personal income after taxes
$6,463
2026
$9,187
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
25.3%
2012
Income share by poorest 10%
1%
2024
3.4%
2012
Government expenditure, % of GDP
33.2%
2025
128.7%
2025
Consumer prices inflation
5.14%
2024-2025
6.1%
2024-2025
Central bank interest rate
11.3%
2026
n/a
Unemployment rate
8.43%
2025
5.06%
2021
Population
54209462
12139

Spending and national debt comparison by year

Colombia
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Colombia Nauru
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 128.7% 14.6%
2024 34.4% 61% 118.4% 16.9%
2023 35.1% 55.4% 111% 19.2%
2022 34.1% 61.3% 113.8% 18.9%
2021 34.5% 64.4% 109.5% 24.2%
2020 33.7% 65.3% 109.4% 56.3%
2019 32.9% 51% 106% 59.6%
2018 34.7% 51.8% 90.8% 71.1%
2017 29.3% 49.4% 102.3% 78%
2016 30% 49.9% 96% 86.3%
2015 31.3% 50.4% 85.4% 113%
2014 31.3% 43.3% 61.3% 147.7%
2013 30% 37.6% 66% 166.9%
2012 29.1% 34% 46% 157.3%
2011 30.2% 35.8% 44.7% 236.8%
2010 30.4% 36.5% 73.8% 298.9%
2009 30.9% 35.4% 68% 295.6%
2008 28.4% 32.4% - -
2007 28.2% 32.7% - -
2006 28.4% 36% - -
2005 25.9% 38.5% - -
2004 26.6% 41.5% - -
2003 28% 45% - -
2002 28.1% 47.5% - -
2001 27.5% 41.1% - -
2000 26.6% 38% - -
1999 28.3% 34% - -
1998 26.3% 27.5% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Nauru spent $227M, or 128.7% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 14.6% in Nauru, ranking 78/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Nauru
1x
Year Deficit/surplus, % of GDP
Colombia Nauru
2025 -5.75% 3.51%
2024 -6.04% 28.9%
2023 -2.92% 18.2%
2022 -6.36% 20.5%
2021 -7.28% 52.4%
2020 -7.12% 42.8%
2019 -3.48% 31%
2018 -4.67% 29.6%
2017 -2.5% 16.2%
2016 -2.27% 18.9%
2015 -3.52% 10.7%
2014 -1.74% 29.6%
2013 -1.02% 1.71%
2012 0.15% 8.12%
2011 -1.99% 2.73%
2010 -3.3% 0.09%
2009 -2.67% 0.37%
2008 0.04% -
2007 -0.82% -
2006 -0.99% -
2005 -0.02% -
2004 -1.31% -
2003 -2.7% -
2002 -3.45% -
2001 -2.71% -
2000 -2.94% -
1999 -5.37% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/nauru | 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 Nauru's surplus of $6.19M, or 3.51% of GDP.

Over the past 17 years, Colombia recorded a fiscal deficit in 16 of those years, while Nauru ran a deficit in 0 years. On average, Colombia posted an annual deficit equal to 3.68% of GDP, compared to surplus of 18.5% of GDP for Nauru.

Inflation comparison by year

Inflation
Colombia

Nauru
1x
Year Consumer prices inflation
Colombia Nauru
2025 5.14% 6.1%
2024 6.61% 9.3%
2023 11.7% 4.8%
2022 10.2% 1.1%
2021 3.5% 2%
2020 2.53% 0.9%
2019 3.52% 4.1%
2018 3.24% 1.1%
2017 4.31% 4.5%
2016 7.51% 8.1%
2015 4.99% 9.8%
2014 2.9% 0.3%
2013 2.02% -1.1%
2012 3.17% 0.3%
2011 3.42% -3.4%
2010 2.27% -2%
2009 4.2% 22.4%
2008 7% 1%
2007 5.54% 5.6%
2006 4.29% 19.3%
2005 5.05% 8.7%
2004 5.9% -
2003 7.13% -
2002 6.35% -
2001 7.97% -
2000 9.23% -
1999 10.9% -
1998 18.7% -
1997 18.5% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2005–2025, retrieved 2026-07-08).

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

Over the past 21 years, Colombia has recorded an average annual inflation rate of 4.91%, compared with 4.9% in Nauru. In 2025, inflation was 5.14% in Colombia and 6.1% in Nauru.

Balance of trade

Colombia Nauru
Current account balance
-$10.9B
2025
$9.73M
2024
Current account balance ranking
176/190
2025
69/190
2024
Current account balance, % of GDP
-2.38%
2025
+5.8%
2024
Goods imports
$66.3B
2025
$92.7M
2024
Goods exports
$51.5B
2025
$25.5M
2024
Service imports
$19.6B
2025
$88.2M
2024
Service exports
$19.6B
2025
$64.6M
2024
Imports of goods and services, % of GDP
20.4%
2025
103.7%
2025
Exports of goods and services, % of GDP
15%
2025
61.8%
2025

Economic freedom indices

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

Colombia Nauru
Economic freedom 59.8 60
Economic freedom ranking 101/197 97/197
Property rights 43.1 n/a
Government integrity 41.6 n/a
Judicial effectiveness 57.4 n/a
Tax burden 68.6 n/a
Government spending 64 n/a
Fiscal health 49.8 n/a
Business freedom 71.2 n/a
Labor freedom 59.1 n/a
Monetary freedom 71.9 n/a
Trade freedom 71.4 n/a
Investment freedom 60 n/a
Financial freedom 60 n/a

Other economic metrics

Colombia Nauru
Services, % of GDP
58.5%
2025
n/a
Industry, % of GDP
21.8%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
n/a
GNI, Atlas method
$422B
2025
$249M
2025
GNI per capita, PPP
$22,250
2025
$20,200
2025
Total reserves including gold
$65.8B
2025
n/a
Total reserves ranking
41/177
2025
n/a
Net foreign direct investment
-$7.31B
2025
$4.51M
2024
Net inflows of foreign direct investment
$13.7B
2024
-$5.85M
2024
Net outflows of foreign direct investment
$4.51B
2024
-$1.34M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
n/a
Poverty at national poverty lines
31.8%
2024
n/a
Gross capital formation, % of GDP
16.7%
2025
n/a

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/nauru | CC BY

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Data sources:

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

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.