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Economy of Colombia vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $2.66B for Saint Lucia, ranking 37/197 and 173/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Colombia vs Saint Lucia GDP by year

Colombia
Saint Lucia
1x
Year GDP, current $
Colombia Saint Lucia
2025 $457,410,034,203 $2,656,444,444
2024 $420,504,033,143 $2,605,148,148
2023 $366,901,643,683 $2,441,259,259
2022 $345,632,492,851 $2,319,888,889
2021 $318,524,633,225 $1,871,111,111
2020 $270,348,342,541 $1,521,740,741
2019 $323,031,701,193 $2,090,074,074
2018 $334,198,218,098 $2,060,955,556
2017 $311,866,875,157 $1,998,503,704
2016 $282,720,100,286 $1,868,544,444
2015 $293,492,370,193 $1,807,640,741
2014 $381,240,864,422 $1,749,185,185
2013 $382,093,697,078 $1,660,392,593
2012 $370,691,143,018 $1,598,207,407
2011 $334,966,134,805 $1,568,370,370
2010 $286,498,534,095 $1,482,385,185
2009 $232,468,663,110 $1,401,507,889
2008 $242,504,150,473 $1,437,731,111
2007 $206,229,540,926 $1,336,088,815
2006 $161,792,958,905 $1,268,319,185
2005 $145,600,529,606 $1,135,555,556
2004 $117,092,416,666 $1,066,666,667
2003 $94,644,969,157 $987,407,407
2002 $97,945,812,803 $900,000,000
2001 $98,200,641,203 $892,592,593
2000 $99,875,074,951 $932,592,593
1999 $86,186,158,685 $921,851,852
1998 $98,443,739,941 $877,407,407
1997 $106,659,508,271 $805,925,926
1996 $97,160,109,278 $788,888,889
1995 $92,507,279,383 $762,962,963
1994 $81,703,500,846 $713,703,704
1993 $66,446,804,803 $684,814,815
1992 $58,418,985,443 $674,074,074
1991 $49,175,565,911 $613,703,704
1990 $47,844,090,710 $579,629,630
1989 $39,540,080,200 $486,666,667
1988 $39,212,550,050 $429,629,630
1987 $36,373,307,085 $375,555,556
1986 $34,942,489,684 $340,000,000
1985 $34,894,411,352 $284,444,444
1984 $38,253,120,738 $251,481,481
1983 $38,729,822,782 $197,037,037
1982 $38,968,039,722 $183,333,333
1981 $36,388,366,869 $194,444,444
1980 $33,400,735,644 $170,370,370
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/saint-lucia | CC BY

GDP per capita in Colombia vs Saint Lucia by year

Colombia
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $14,746 -
2024 $7,951 $22,349 $14,494 $27,567
2023 $7,012 $21,246 $13,617 $25,975
2022 $6,680 $20,854 $12,976 $24,599
2021 $6,223 $17,383 $10,481 $19,101
2020 $5,340 $15,519 $8,537 $14,912
2019 $6,473 $16,182 $11,764 $18,710
2018 $6,817 $15,239 $11,643 $17,433
2017 $6,480 $14,401 $11,333 $16,131
2016 $5,960 $14,027 $10,638 $15,307
2015 $6,249 $13,332 $10,335 $14,353
2014 $8,187 $13,355 $10,045 $14,403
2013 $8,279 $12,780 $9,577 $14,010
2012 $8,109 $12,093 $9,260 $13,443
2011 $7,401 $11,707 $9,129 $13,471
2010 $6,398 $10,841 $8,674 $12,718
2009 $5,251 $10,367 $8,251 $12,600
2008 $5,542 $10,307 $8,517 $12,969
2007 $4,770 $9,909 $7,964 $12,199
2006 $3,790 $9,154 $7,611 $11,758
2005 $3,456 $8,432 $6,863 $10,818
2004 $2,819 $7,909 $6,495 $10,610
2003 $2,312 $7,420 $6,059 $9,707
2002 $2,429 $7,109 $5,568 $9,205
2001 $2,473 $6,935 $5,570 $9,106
2000 $2,555 $6,776 $5,880 $9,314
1999 $2,241 $6,544 $5,883 $9,214
1998 $2,605 $6,854 $5,673 $8,965
1997 $2,873 $6,861 $5,282 $8,456
1996 $2,665 $6,639 $5,244 $8,490
1995 $2,584 $6,506 $5,148 $8,222
1994 $2,326 $6,174 $4,892 $8,041
1993 $1,929 $5,826 $4,765 $7,865
1992 $1,730 $5,509 $4,760 $7,753
1991 $1,486 $5,281 $4,399 $7,127
1990 $1,475 $5,109 $4,205 $6,951
1989 $1,244 - $3,565 -
1988 $1,260 - $3,182 -
1987 $1,193 - $2,819 -
1986 $1,169 - $2,591 -
1985 $1,192 - $2,202 -
1984 $1,336 - $1,979 -
1983 $1,384 - $1,576 -
1982 $1,425 - $1,489 -
1981 $1,362 - $1,605 -
1980 $1,280 - $1,428 -
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/saint-lucia | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Colombia Saint Lucia
Gross domestic product
$457B
2025
$2.66B
2025
GDP rank
37/197
2025
173/197
2025
GDP growth
2.64%
2024-2025
-0.57%
2024-2025
GDP per capita
$8,562
2025
$14,746
2025
GDP per capita rank
94/197
2025
72/197
2025
GDP per capita, PPP
$22,349
2024
$27,567
2024
GDP per capita PPP rank
87/197
2024
75/197
2024
Government debt
$274B
2025
$2.05B
2025
Debt-to-GDP ratio
59.9%
2025
77.1%
2025
Government debt per person
$5,126
2025
$11,365
2025
Government debt per person rank
85/185
2025
53/185
2025
Average annual personal income after taxes
$6,463
2026
$12,464
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
34.1%
2015
Income share by poorest 10%
1%
2024
2.1%
2015
Government expenditure, % of GDP
33.2%
2025
25.2%
2025
Consumer prices inflation
5.14%
2024-2025
2.03%
2024-2025
Central bank interest rate
11.3%
2026
n/a
Unemployment rate
8.43%
2025
7.66%
2025
Population
54209462
180676

Spending and national debt comparison by year

Colombia
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Colombia Saint Lucia
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 25.2% 77.1%
2024 34.4% 61% 24.4% 76.7%
2023 35.1% 55.4% 25.3% 75.2%
2022 34.1% 61.3% 23.8% 73.9%
2021 34.5% 64.4% 26.7% 81.9%
2020 33.7% 65.3% 33.1% 94.4%
2019 32.9% 51% 24.6% 62.1%
2018 34.7% 51.8% 23.2% 60.3%
2017 29.3% 49.4% 23% 59.9%
2016 30% 49.9% 22.6% 60.2%
2015 31.3% 50.4% 22.1% 60.6%
2014 31.3% 43.3% 22.6% 61.9%
2013 30% 37.6% 24.3% 61.2%
2012 29.1% 34% 27.1% 60.2%
2011 30.2% 35.8% 26.9% 54.9%
2010 30.4% 36.5% 25.6% 52.2%
2009 30.9% 35.4% 24.2% 50.2%
2008 28.4% 32.4% 22.3% 46.9%
2007 28.2% 32.7% 22.2% 48.2%
2006 28.4% 36% 24.4% 48%
2005 25.9% 38.5% 25.3% 50.4%
2004 26.6% 41.5% 22.5% 48.8%
2003 28% 45% 22.5% 44.7%
2002 28.1% 47.5% 23% 47.7%
2001 27.5% 41.1% 22% 38%
2000 26.6% 38% 20.9% 32.8%
1999 28.3% 34% 20.9% 28.8%
1998 26.3% 27.5% 18.6% 29.1%
1997 26.2% 25.3% 19% 26.6%
1996 25.1% 23.3% 18.8% 23.9%
1995 22.2% 13.8% 19% 22.7%
1994 20.6% 12.5% 18.7% 23.4%
1993 20% 14.2% 21.6% 22.7%
1992 18.4% 16.1% 18.3% 22.1%
1991 17.7% 14.5% 18% 19.3%
1990 17.4% 16.7% 16.5% 16.7%
1989 10.3% 17.3% 19% 18.1%
1988 10.3% 17.9% 18.2% 18.6%
1987 9.7% 18.9% 19.9% 19.6%
1986 9.8% 20.2% 21.1% 17.2%
1985 10.5% 19.3% 20.4% 17.1%
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/saint-lucia | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 77.1% in Saint Lucia, ranking 78/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Colombia Saint Lucia
2025 -5.75% -2.88%
2024 -6.04% -1.81%
2023 -2.92% -3.18%
2022 -6.36% -2.48%
2021 -7.28% -5.35%
2020 -7.12% -11.5%
2019 -3.48% -2.95%
2018 -4.67% -1.22%
2017 -2.5% -2.09%
2016 -2.27% -1.53%
2015 -3.52% -1.18%
2014 -1.74% -2.29%
2013 -1.02% -3.98%
2012 0.15% -6.93%
2011 -1.99% -5.35%
2010 -3.3% -4.11%
2009 -2.67% -2.63%
2008 0.04% -0.72%
2007 -0.82% -1.59%
2006 -0.99% -5.01%
2005 -0.02% -6%
2004 -1.31% -2.58%
2003 -2.7% -3.17%
2002 -3.45% -3.03%
2001 -2.71% -3.07%
2000 -2.94% -1.17%
1999 -5.37% 1.61%
1998 -3.86% 2.22%
1997 -3.23% -1.1%
1996 -2.49% -0.57%
1995 -1% -0.13%
1994 -0.14% -0.02%
1993 -0.24% -0.25%
1992 -0.07% -0.66%
1991 0.35% -0.42%
1990 -0.41% 0.29%
1989 -1.4% 0.89%
1988 -1.3% 2.02%
1987 -0.4% 0.56%
1986 -1.4% -1.61%
1985 -2.4% -1.5%
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/saint-lucia | 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 Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 41 years, Colombia recorded a fiscal deficit in 38 of those years, while Saint Lucia ran a deficit in 35 years. On average, Colombia posted an annual deficit equal to 2.46% of GDP, compared to deficit of 2.11% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Colombia

Saint Lucia
1x
Year Consumer prices inflation
Colombia Saint Lucia
2025 5.14% 2.03%
2024 6.61% -0.67%
2023 11.7% 3.82%
2022 10.2% 9.65%
2021 3.5% 2.41%
2020 2.53% -1.76%
2019 3.52% 0.54%
2018 3.24% 1.94%
2017 4.31% 0.1%
2016 7.51% -3.08%
2015 4.99% -0.98%
2014 2.9% 3.52%
2013 2.02% 1.47%
2012 3.17% 4.18%
2011 3.42% 2.77%
2010 2.27% 3.25%
2009 4.2% -0.16%
2008 7% 5.55%
2007 5.54% 2.82%
2006 4.29% 2.4%
2005 5.05% 3.9%
2004 5.9% 1.46%
2003 7.13% 1.03%
2002 6.35% -0.26%
2001 7.97% 5.31%
2000 9.23% 3.71%
1999 10.9% 3.5%
1998 18.7% 3.2%
1997 18.5% -0.006%

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

GeoRank.org/economy/colombia/saint-lucia | CC BY

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 2.13% in Saint Lucia. In 2025, inflation was 5.14% in Colombia and 2.03% in Saint Lucia.

Top exports between countries

Colombia
Export category Export value
Processed food, beverages & tobacco $1.31M
Machinery & equipment $815K
Textiles & consumer goods $725K
Miscellaneous $220K
Raw materials & minerals $170K
Chemicals & pharma $159K
Metals $125K
Wood & paper products $25K
Raw agricultural goods $5K
Saint Lucia
Export category Export value
Machinery & equipment $28K
Miscellaneous $4K
Processed food, beverages & tobacco $1K

Balance of trade

Colombia Saint Lucia
Current account balance
-$10.9B
2025
-$166M
2025
Current account balance ranking
176/190
2025
89/190
2025
Current account balance, % of GDP
-2.38%
2025
-6.26%
2025
Goods imports
$66.3B
2025
$834M
2025
Goods exports
$51.5B
2025
$144M
2025
Service imports
$19.6B
2025
$672M
2025
Service exports
$19.6B
2025
$1.4B
2025
Imports of goods and services, % of GDP
20.4%
2025
n/a
Exports of goods and services, % of GDP
15%
2025
19%
2026

Economic freedom indices

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

Colombia Saint Lucia
Economic freedom 59.8 67.5
Economic freedom ranking 101/197 57/197
Property rights 43.1 64.3
Government integrity 41.6 59.7
Judicial effectiveness 57.4 77.3
Tax burden 68.6 77.7
Government spending 64 82.6
Fiscal health 49.8 80
Business freedom 71.2 71.9
Labor freedom 59.1 65.2
Monetary freedom 71.9 81
Trade freedom 71.4 60
Investment freedom 60 50
Financial freedom 60 40

Economic freedom comparison by year

Colombia
Saint Lucia
1x
Year Economic freedom index
Colombia Saint Lucia
2026 59.8 67.5
2025 59.8 67
2024 59.2 62.2
2023 63.1 60.7
2022 65.1 64.3
2021 68.1 67.5
2020 69.2 68.2
2019 67.3 68.7
2018 68.9 67.6
2017 69.7 65
2016 70.8 70
2015 71.7 70.2
2014 70.7 70.7
2013 69.6 70.4
2012 68 71.3
2011 68 70.8
2010 65.5 70.5
2009 62.3 68.8
2008 62.2 -
2007 59.9 -
2006 60.4 -
2005 59.6 -
2004 61.2 -
2003 64.2 -
2002 64.2 -
2001 65.6 -
2000 63.3 -
1999 65.3 -
1998 65.5 -
1997 66.4 -
1996 64.3 -
1995 64.5 -

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

GeoRank.org/economy/colombia/saint-lucia | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Saint Lucia
Services, % of GDP
58.5%
2025
73.8%
2025
Industry, % of GDP
21.8%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
1.66%
2025
GNI, Atlas method
$422B
2025
$2.42B
2025
GNI per capita, PPP
$22,250
2025
$26,180
2025
Total reserves including gold
$65.8B
2025
$447M
2025
Total reserves ranking
41/177
2025
160/177
2025
Net foreign direct investment
-$7.31B
2025
-$175M
2025
Net inflows of foreign direct investment
$13.7B
2024
$187M
2024
Net outflows of foreign direct investment
$4.51B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
3.35%
2024
Poverty at national poverty lines
31.8%
2024
25%
2016
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/saint-lucia | 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 (2020–2025, 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.