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Economy of Colombia vs Poland compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $1.04T for Poland, ranking 37/197 and 21/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $609B (58.8% of GDP) in Poland.

Colombia vs Poland GDP by year

Colombia
Poland
1x
Year GDP, current $
Colombia Poland
2025 $457,410,034,203 $1,035,491,784,197
2024 $420,504,033,143 $917,767,106,147
2023 $366,901,643,683 $812,451,193,396
2022 $345,632,492,851 $695,607,470,875
2021 $318,524,633,225 $689,170,230,665
2020 $270,348,342,541 $605,914,237,904
2019 $323,031,701,193 $602,683,770,145
2018 $334,198,218,098 $594,616,632,477
2017 $311,866,875,157 $528,356,723,263
2016 $282,720,100,286 $473,259,623,976
2015 $293,492,370,193 $480,054,118,583
2014 $381,240,864,422 $542,134,167,179
2013 $382,093,697,078 $518,179,836,405
2012 $370,691,143,018 $498,148,649,703
2011 $334,966,134,805 $527,848,543,023
2010 $286,498,534,095 $478,111,630,684
2009 $232,468,663,110 $440,891,472,247
2008 $242,504,150,473 $535,612,030,672
2007 $206,229,540,926 $429,715,132,138
2006 $161,792,958,905 $345,897,630,736
2005 $145,600,529,606 $306,999,913,151
2004 $117,092,416,666 $256,268,656,145
2003 $94,644,969,157 $218,561,225,998
2002 $97,945,812,803 $199,694,463,256
2001 $98,200,641,203 $191,823,200,371
2000 $99,875,074,951 $172,953,527,033
1999 $86,186,158,685 $170,704,452,715
1998 $98,443,739,941 $175,282,269,667
1997 $106,659,508,271 $159,893,964,917
1996 $97,160,109,278 $160,813,026,223
1995 $92,507,279,383 $142,838,527,115
1994 $81,703,500,846 $110,803,635,288
1993 $66,446,804,803 $96,043,157,273
1992 $58,418,985,443 $94,337,050,693
1991 $49,175,565,911 $85,500,935,935
1990 $47,844,090,710 $65,977,748,211
1989 $39,540,080,200 -
1988 $39,212,550,050 -
1987 $36,373,307,085 -
1986 $34,942,489,684 -
1985 $34,894,411,352 -
1984 $38,253,120,738 -
1983 $38,729,822,782 -
1982 $38,968,039,722 -
1981 $36,388,366,869 -
1980 $33,400,735,644 -
1979 $27,940,411,250 -
1978 $23,263,511,958 -
1977 $19,470,960,619 -
1976 $15,341,403,660 -
1975 $13,098,633,902 -
1974 $12,370,029,584 -
1973 $10,315,760,000 -
1972 $8,671,358,733 -
1971 $7,820,380,971 -
1970 $7,198,360,460 -
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/poland | CC BY

GDP per capita in Colombia vs Poland by year

Colombia
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $28,420 -
2024 $7,951 $22,349 $25,104 $51,263
2023 $7,012 $21,246 $22,145 $48,473
2022 $6,680 $20,854 $18,891 $46,778
2021 $6,223 $17,383 $18,636 $41,060
2020 $5,340 $15,519 $16,151 $37,089
2019 $6,473 $16,182 $15,875 $35,882
2018 $6,817 $15,239 $15,658 $32,345
2017 $6,480 $14,401 $13,913 $30,170
2016 $5,960 $14,027 $12,464 $28,360
2015 $6,249 $13,332 $12,638 $26,988
2014 $8,187 $13,355 $14,262 $25,460
2013 $8,279 $12,780 $13,622 $24,434
2012 $8,109 $12,093 $13,087 $23,728
2011 $7,401 $11,707 $13,868 $22,809
2010 $6,398 $10,841 $12,568 $20,991
2009 $5,251 $10,367 $11,556 $19,300
2008 $5,542 $10,307 $14,049 $18,372
2007 $4,770 $9,909 $11,273 $16,833
2006 $3,790 $9,154 $9,069 $15,205
2005 $3,456 $8,432 $8,044 $13,936
2004 $2,819 $7,909 $6,712 $13,413
2003 $2,312 $7,420 $5,721 $12,329
2002 $2,429 $7,109 $5,223 $11,841
2001 $2,473 $6,935 $5,015 $11,175
2000 $2,555 $6,776 $4,521 $10,721
1999 $2,241 $6,544 $4,416 $10,081
1998 $2,605 $6,854 $4,534 $9,521
1997 $2,873 $6,861 $4,137 $8,967
1996 $2,665 $6,639 $4,164 $8,310
1995 $2,584 $6,506 $3,701 $7,715
1994 $2,326 $6,174 $2,875 $7,040
1993 $1,929 $5,826 $2,497 $6,560
1992 $1,730 $5,509 $2,459 $6,193
1991 $1,486 $5,281 $2,236 $5,925
1990 $1,475 $5,109 $1,731 $6,185
1989 $1,244 - - -
1988 $1,260 - - -
1987 $1,193 - - -
1986 $1,169 - - -
1985 $1,192 - - -
1984 $1,336 - - -
1983 $1,384 - - -
1982 $1,425 - - -
1981 $1,362 - - -
1980 $1,280 - - -
1979 $1,095 - - -
1978 $932 - - -
1977 $798 - - -
1976 $643 - - -
1975 $561 - - -
1974 $542 - - -
1973 $462 - - -
1972 $397 - - -
1971 $367 - - -
1970 $346 - - -
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/poland | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $28,420 in Poland, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Poland ranks 43rd at $51,263.

Economic indicators

Colombia Poland
Gross domestic product
$457B
2025
$1.04T
2025
GDP rank
37/197
2025
21/197
2025
GDP growth
2.64%
2024-2025
3.57%
2024-2025
GDP per capita
$8,562
2025
$28,420
2025
GDP per capita rank
94/197
2025
47/197
2025
GDP per capita, PPP
$22,349
2024
$51,263
2024
GDP per capita PPP rank
87/197
2024
43/197
2024
Government debt
$274B
2025
$609B
2025
Debt-to-GDP ratio
59.9%
2025
58.8%
2025
Government debt per person
$5,126
2025
$16,712
2025
Government debt per person rank
85/185
2025
39/185
2025
Average annual personal income after taxes
$6,463
2026
$20,616
2026
Market capitalization of domestic companies
$133B
2025
$316B
2025
Number of millionaires n/a
101,000
2026
Number of billionaires
4
2026
10
2026
Income share by richest 10%
42.7%
2024
22.9%
2023
Income share by poorest 10%
1%
2024
3.3%
2023
Government expenditure, % of GDP
33.2%
2025
50%
2025
Consumer prices inflation
5.14%
2024-2025
3.81%
2024-2025
Central bank interest rate
11.3%
2026
3.75%
2026
Unemployment rate
8.43%
2025
3.02%
2025
Population
54209462
36007074

Spending and national debt comparison by year

Colombia
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Colombia Poland
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 50% 58.8%
2024 34.4% 61% 49.4% 55.1%
2023 35.1% 55.4% 46.9% 49.5%
2022 34.1% 61.3% 43.2% 48.8%
2021 34.5% 64.4% 43.6% 53%
2020 33.7% 65.3% 47.7% 56.6%
2019 32.9% 51% 41.4% 45.2%
2018 34.7% 51.8% 41% 48.2%
2017 29.3% 49.4% 41.1% 50.4%
2016 30% 49.9% 41.1% 54.1%
2015 31.3% 50.4% 41.5% 51.1%
2014 31.3% 43.3% 42.7% 51.1%
2013 30% 37.6% 43.2% 56.9%
2012 29.1% 34% 43.2% 54.5%
2011 30.2% 35.8% 44.1% 54.8%
2010 30.4% 36.5% 46% 53.7%
2009 30.9% 35.4% 44.9% 49.7%
2008 28.4% 32.4% 44% 46.6%
2007 28.2% 32.7% 42.8% 44.4%
2006 28.4% 36% 44.3% 47.1%
2005 25.9% 38.5% 44.1% 46.5%
2004 26.6% 41.5% 43.4% 45%
2003 28% 45% 45.3% 46.2%
2002 28.1% 47.5% 44.9% 41.4%
2001 27.5% 41.1% 44.6% 37%
2000 26.6% 38% 42.9% 36.3%
1999 28.3% 34% 42.4% 39.2%
1998 26.3% 27.5% 43.9% 38.6%
1997 26.2% 25.3% 46% 42.6%
1996 25.1% 23.3% 50.6% 43%
1995 22.2% 13.8% 47.3% 48.6%
1994 20.6% 12.5% - 64.3%
1993 20% 14.2% - 83.9%
1992 18.4% 16.1% - 81.9%
1991 17.7% 14.5% - 76.9%
1990 17.4% 16.7% - 89.7%
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% 35.6% -
1978 8.1% 7.6% 35.8% -
1977 7.7% 9.2% 35.6% -
1976 8% 12.2% 34.8% -
1975 9.4% 14.6% 34.1% -
1974 8.8% 15.9% 28.6% -
1973 9.4% 16.3% 24.5% -
1972 10.3% 16.9% 24.1% -
1971 10.3% 16.2% 24.1% -
1970 10% 16.7% 25.8% -
1969 9.2% 17% 26.3% -
1968 8.9% 16.2% 27.3% -
1967 8.2% 15.8% 29.6% -
1966 8% 15.3% 31.7% -
1965 7% 15.2% 31.8% -
1964 8.1% 13.1% 33.5% -
1963 8.6% 13.9% 33.3% -
1962 7.8% 14.8% 43% -
1961 8.6% 8.7% 42.8% -
1960 6.7% 7.2% 39.2% -

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/poland | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Poland spent $517B, or 50% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 58.8% in Poland, ranking 78/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Poland
1x
Year Deficit/surplus, % of GDP
Colombia Poland
2025 -5.75% -7.01%
2024 -6.04% -6.48%
2023 -2.92% -5.2%
2022 -6.36% -3.37%
2021 -7.28% -1.68%
2020 -7.12% -6.85%
2019 -3.48% -0.73%
2018 -4.67% -0.24%
2017 -2.5% -1.49%
2016 -2.27% -2.38%
2015 -3.52% -2.59%
2014 -1.74% -3.66%
2013 -1.02% -4.25%
2012 0.15% -3.8%
2011 -1.99% -4.97%
2010 -3.3% -7.43%
2009 -2.67% -7.24%
2008 0.04% -3.6%
2007 -0.82% -1.88%
2006 -0.99% -3.53%
2005 -0.02% -3.93%
2004 -1.31% -5%
2003 -2.7% -6%
2002 -3.45% -4.79%
2001 -2.71% -4.71%
2000 -2.94% -3.98%
1999 -5.37% -2.29%
1998 -3.86% -4.24%
1997 -3.23% -4.59%
1996 -2.49% -4.82%
1995 -1% -4.38%
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/poland | 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 Poland's deficit of $72.6B, or 7.01% of GDP.

Over the past 31 years, Colombia recorded a fiscal deficit in 29 of those years, while Poland ran a deficit in 31 years. On average, Colombia posted an annual deficit equal to 3.01% of GDP, compared to deficit of 4.1% of GDP for Poland.

Inflation comparison by year

Inflation
Colombia

Poland
1x
Year Consumer prices inflation
Colombia Poland
2025 5.14% 3.81%
2024 6.61% 3.79%
2023 11.7% 11.5%
2022 10.2% 14.4%
2021 3.5% 5.06%
2020 2.53% 3.37%
2019 3.52% 2.23%
2018 3.24% 1.81%
2017 4.31% 2.08%
2016 7.51% -0.66%
2015 4.99% -0.87%
2014 2.9% 0.05%
2013 2.02% 0.99%
2012 3.17% 3.56%
2011 3.42% 4.24%
2010 2.27% 2.58%
2009 4.2% 3.8%
2008 7% 4.16%
2007 5.54% 2.46%
2006 4.29% 1.28%
2005 5.05% 2.18%
2004 5.9% 3.38%
2003 7.13% 0.68%
2002 6.35% 1.91%
2001 7.97% 5.41%
2000 9.23% 9.9%
1999 10.9% 7.15%
1998 18.7% 11.6%
1997 18.5% 14.9%

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

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

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 4.37% in Poland. In 2025, inflation was 5.14% in Colombia and 3.81% in Poland.

Top exports between countries

Colombia
Export category Export value
Raw materials & minerals $151M
Raw agricultural goods $61M
Processed food, beverages & tobacco $4.11M
Machinery & equipment $2.62M
Metals $995K
Chemicals & pharma $574K
Textiles & consumer goods $259K
Animal & marine products $117K
Wood & paper products $59K
Precious metals & jewellery $17K
Poland
Export category Export value
Machinery & equipment $75M
Chemicals & pharma $60.2M
Metals $24.5M
Processed food, beverages & tobacco $18.7M
Wood & paper products $15.9M
Textiles & consumer goods $13M
Raw materials & minerals $10.6M
Raw agricultural goods $9.99M
Animal & marine products $4.31M
Precious metals & jewellery $753K

Balance of trade

Colombia Poland
Current account balance
-$10.9B
2025
-$9.05B
2025
Current account balance ranking
176/190
2025
172/190
2025
Current account balance, % of GDP
-2.38%
2025
-0.87%
2025
Goods imports
$66.3B
2025
$406B
2025
Goods exports
$51.5B
2025
$390B
2025
Service imports
$19.6B
2025
$86.5B
2025
Service exports
$19.6B
2025
$131B
2025
Imports of goods and services, % of GDP
20.4%
2025
47.1%
2025
Exports of goods and services, % of GDP
15%
2025
50%
2025

Economic freedom indices

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

Colombia Poland
Economic freedom 59.8 68.5
Economic freedom ranking 101/197 46/197
Property rights 43.1 71.8
Government integrity 41.6 60.7
Judicial effectiveness 57.4 62.5
Tax burden 68.6 72.7
Government spending 64 35.1
Fiscal health 49.8 74.8
Business freedom 71.2 77.5
Labor freedom 59.1 53.7
Monetary freedom 71.9 73.8
Trade freedom 71.4 79.4
Investment freedom 60 80
Financial freedom 60 80

Economic freedom comparison by year

Colombia
Poland
1x
Year Economic freedom index
Colombia Poland
2026 59.8 68.5
2025 59.8 67.1
2024 59.2 66
2023 63.1 67.7
2022 65.1 68.7
2021 68.1 69.7
2020 69.2 69.1
2019 67.3 67.8
2018 68.9 68.5
2017 69.7 68.3
2016 70.8 69.3
2015 71.7 68.6
2014 70.7 67
2013 69.6 66
2012 68 64.2
2011 68 64.1
2010 65.5 63.2
2009 62.3 60.3
2008 62.2 60.3
2007 59.9 58.1
2006 60.4 59.3
2005 59.6 59.6
2004 61.2 58.7
2003 64.2 61.8
2002 64.2 65
2001 65.6 61.8
2000 63.3 60
1999 65.3 59.6
1998 65.5 59.2
1997 66.4 56.8
1996 64.3 57.8
1995 64.5 50.7

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

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

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Poland
Services, % of GDP
58.5%
2025
59.7%
2025
Industry, % of GDP
21.8%
2025
25.8%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
2.45%
2025
GNI, Atlas method
$422B
2025
$930B
2025
GNI per capita, PPP
$22,250
2025
$52,290
2025
Total reserves including gold
$65.8B
2025
$272B
2025
Total reserves ranking
41/177
2025
16/177
2025
Net foreign direct investment
-$7.31B
2025
-$11.7B
2025
Net inflows of foreign direct investment
$13.7B
2024
$20.6B
2024
Net outflows of foreign direct investment
$4.51B
2024
$10B
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
n/a
Poverty at national poverty lines
31.8%
2024
13.3%
2024
Gross capital formation, % of GDP
16.7%
2025
17.9%
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/poland | 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 (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.