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Economy of Colombia vs Seychelles compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $2.39B for the Seychelles, ranking 37/197 and 177/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $1.23B (51.5% of GDP) in the Seychelles.

Colombia vs Seychelles GDP by year

Colombia
Seychelles
1x
Year GDP, current $
Colombia Seychelles
2025 $457,410,034,203 $2,387,022,853
2024 $420,504,033,143 $2,228,608,684
2023 $366,901,643,683 $2,171,547,935
2022 $345,632,492,851 $1,999,888,599
2021 $318,524,633,225 $1,487,173,795
2020 $270,348,342,541 $1,382,551,752
2019 $323,031,701,193 $1,868,690,097
2018 $334,198,218,098 $1,784,313,927
2017 $311,866,875,157 $1,675,370,641
2016 $282,720,100,286 $1,568,513,348
2015 $293,492,370,193 $1,432,403,352
2014 $381,240,864,422 $1,387,577,870
2013 $382,093,697,078 $1,333,160,407
2012 $370,691,143,018 $1,089,407,839
2011 $334,966,134,805 $1,058,918,707
2010 $286,498,534,095 $981,616,542
2009 $232,468,663,110 $850,901,620
2008 $242,504,150,473 $979,597,394
2007 $206,229,540,926 $1,077,308,814
2006 $161,792,958,905 $1,081,441,283
2005 $145,600,529,606 $977,899,382
2004 $117,092,416,666 $893,012,218
2003 $94,644,969,157 $750,847,230
2002 $97,945,812,803 $742,134,838
2001 $98,200,641,203 $662,064,156
2000 $99,875,074,951 $654,212,394
1999 $86,186,158,685 $662,838,615
1998 $98,443,739,941 $647,287,376
1997 $106,659,508,271 $598,966,982
1996 $97,160,109,278 $535,250,347
1995 $92,507,279,383 $540,733,048
1994 $81,703,500,846 $517,570,058
1993 $66,446,804,803 $504,230,621
1992 $58,418,985,443 $461,409,399
1991 $49,175,565,911 $398,307,170
1990 $47,844,090,710 $392,163,561
1989 $39,540,080,200 $324,333,367
1988 $39,212,550,050 $301,985,618
1987 $36,373,307,085 $265,212,957
1986 $34,942,489,684 $221,147,061
1985 $34,894,411,352 $179,691,483
1984 $38,253,120,738 $160,992,921
1983 $38,729,822,782 $156,098,237
1982 $38,968,039,722 $157,211,790
1981 $36,388,366,869 $163,750,728
1980 $33,400,735,644 $156,783,830
1979 $27,940,411,250 $127,261,099
1978 $23,263,511,958 $85,552,366
1977 $19,470,960,619 $64,526,401
1976 $15,341,403,660 $49,278,982
1975 $13,098,633,902 $47,803,146
1974 $12,370,029,584 $43,134,496
1973 $10,315,760,000 $36,896,280
1972 $8,671,358,733 $30,645,123
1971 $7,820,380,971 $21,965,951
1970 $7,198,360,460 $18,432,032
1969 $6,450,175,214 $16,452,028
1968 $5,960,212,869 $16,074,028
1967 $5,825,170,438 $16,632,032
1966 $5,428,518,519 $16,443,034
1965 $5,760,761,905 $15,603,032
1964 $5,973,366,667 $15,393,032
1963 $4,836,166,667 $13,923,029
1962 $4,955,543,963 $12,642,026
1961 $4,540,447,761 $11,592,024
1960 $4,031,152,977 $12,012,025

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

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

GDP per capita in Colombia vs Seychelles by year

Colombia
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $19,449 -
2024 $7,951 $22,349 $18,365 $33,239
2023 $7,012 $21,246 $18,131 $31,781
2022 $6,680 $20,854 $16,683 $29,973
2021 $6,223 $17,383 $14,983 $29,980
2020 $5,340 $15,519 $14,041 $31,056
2019 $6,473 $16,182 $19,142 $34,219
2018 $6,817 $15,239 $18,440 $32,091
2017 $6,480 $14,401 $17,480 $30,675
2016 $5,960 $14,027 $16,567 $28,811
2015 $6,249 $13,332 $15,333 $25,435
2014 $8,187 $13,355 $15,188 $24,985
2013 $8,279 $12,780 $14,821 $22,487
2012 $8,109 $12,093 $12,337 $22,264
2011 $7,401 $11,707 $12,110 $21,781
2010 $6,398 $10,841 $10,935 $18,982
2009 $5,251 $10,367 $9,747 $18,453
2008 $5,542 $10,307 $11,265 $18,881
2007 $4,770 $9,909 $12,669 $19,473
2006 $3,790 $9,154 $12,783 $17,503
2005 $3,456 $8,432 $11,802 $15,846
2004 $2,819 $7,909 $10,828 $14,160
2003 $2,312 $7,420 $9,070 $14,142
2002 $2,429 $7,109 $8,864 $14,570
2001 $2,473 $6,935 $8,153 $14,615
2000 $2,555 $6,776 $8,064 $14,638
1999 $2,241 $6,544 $8,243 $13,853
1998 $2,605 $6,854 $8,210 $13,675
1997 $2,873 $6,861 $7,747 $13,458
1996 $2,665 $6,639 $7,004 $11,931
1995 $2,584 $6,506 $7,181 $10,809
1994 $2,326 $6,174 $6,975 $10,692
1993 $1,929 $5,826 $6,979 $11,020
1992 $1,730 $5,509 $6,520 $10,243
1991 $1,486 $5,281 $5,655 $9,387
1990 $1,475 $5,109 $5,642 $8,955
1989 $1,244 - $4,689 -
1988 $1,260 - $4,392 -
1987 $1,193 - $3,872 -
1986 $1,169 - $3,368 -
1985 $1,192 - $2,754 -
1984 $1,336 - $2,488 -
1983 $1,384 - $2,426 -
1982 $1,425 - $2,441 -
1981 $1,362 - $2,557 -
1980 $1,280 - $2,478 -
1979 $1,095 - $2,030 -
1978 $932 - $1,377 -
1977 $798 - $1,044 -
1976 $643 - $814 -
1975 $561 - $806 -
1974 $542 - $745 -
1973 $462 - $649 -
1972 $397 - $547 -
1971 $367 - $402 -
1970 $346 - $344 -
1969 $318 - $314 -
1968 $302 - $314 -
1967 $303 - $333 -
1966 $290.3 - $338 -
1965 $317 - $328 -
1964 $339 - $332 -
1963 $282.6 - $308 -
1962 $298.5 - $287 -
1961 $282.1 - $270.3 -
1960 $258.3 - $288.1 -

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

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

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $19,449 in the Seychelles, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while the Seychelles ranks 67th at $33,239.

Economic indicators

Colombia Seychelles
Gross domestic product
$457B
2025
$2.39B
2025
GDP rank
37/197
2025
177/197
2025
GDP growth
2.64%
2024-2025
5.8%
2024-2025
GDP per capita
$8,562
2025
$19,449
2025
GDP per capita rank
94/197
2025
64/197
2025
GDP per capita, PPP
$22,349
2024
$33,239
2024
GDP per capita PPP rank
87/197
2024
67/197
2024
Government debt
$274B
2025
$1.23B
2025
Debt-to-GDP ratio
59.9%
2025
51.5%
2025
Government debt per person
$5,126
2025
$10,019
2025
Government debt per person rank
85/185
2025
59/185
2025
Average annual personal income after taxes
$6,463
2026
$11,537
2026
Market capitalization of domestic companies
$133B
2025
$646M
2025
Number of billionaires
4
2026
n/a
Income share by richest 10%
42.7%
2024
23.9%
2018
Income share by poorest 10%
1%
2024
2.6%
2018
Government expenditure, % of GDP
33.2%
2025
32.7%
2025
Consumer prices inflation
5.14%
2024-2025
0.3%
2024-2025
Central bank interest rate
11.3%
2026
1.75%
2024
Unemployment rate
8.43%
2025
2.59%
2024
Population
54209462
125859

Spending and national debt comparison by year

Colombia
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Colombia Seychelles
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 32.7% 51.5%
2024 34.4% 61% 33% 56.1%
2023 35.1% 55.4% 33.1% 55.1%
2022 34.1% 61.3% 31.6% 60.6%
2021 34.5% 64.4% 38.8% 71%
2020 33.7% 65.3% 46.7% 77.4%
2019 32.9% 51% 31.7% 48.9%
2018 34.7% 51.8% 33% 51.3%
2017 29.3% 49.4% 34.3% 56.7%
2016 30% 49.9% 34.5% 64.3%
2015 31.3% 50.4% 31.5% 75.4%
2014 31.3% 43.3% 33.4% 70.4%
2013 30% 37.6% 37.8% 68.2%
2012 29.1% 34% 38.6% 80.1%
2011 30.2% 35.8% 36.4% 82.5%
2010 30.4% 36.5% 34.6% 82.2%
2009 30.9% 35.4% 32.1% 106.1%
2008 28.4% 32.4% 27% 192.1%
2007 28.2% 32.7% 41.9% 144%
2006 28.4% 36% 43.6% 135.1%
2005 25.9% 38.5% 39% 144.1%
2004 26.6% 41.5% 39.9% 163.2%
2003 28% 45% 44.6% 177%
2002 28.1% 47.5% 56.3% 195.9%
2001 27.5% 41.1% 46.8% 199.8%
2000 26.6% 38% 55.4% 177.8%
1999 28.3% 34% 56.1% 159.8%
1998 26.3% 27.5% 60.7% 161.2%
1997 26.2% 25.3% 54.7% 143%
1996 25.1% 23.3% 59.1% 146.7%
1995 22.2% 13.8% 53.1% 133.5%
1994 20.6% 12.5% 63.6% 123.5%
1993 20% 14.2% 60.4% 82.2%
1992 18.4% 16.1% 50.7% 79.9%
1991 17.7% 14.5% 52.1% 89.2%
1990 17.4% 16.7% 46.1% 80.4%
1989 10.3% 17.3% 51.7% 39.9%
1988 10.3% 17.9% 46.7% 41.3%
1987 9.7% 18.9% 49.7% 37%
1986 9.8% 20.2% 58% 31.5%
1985 10.5% 19.3% 53% 26.5%
1984 10.3% 15.5% 50.5% 15.3%
1983 10.2% 10.8% 47.9% 12.4%
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/seychelles | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while the Seychelles spent $781M, or 32.7% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 51.5% in the Seychelles, ranking 78/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Seychelles
1x
Year Deficit/surplus, % of GDP
Colombia Seychelles
2025 -5.75% -0.99%
2024 -6.04% -0.68%
2023 -2.92% -1.15%
2022 -6.36% -0.77%
2021 -7.28% -5.76%
2020 -7.12% -15.7%
2019 -3.48% 0.42%
2018 -4.67% -0.8%
2017 -2.5% -1.67%
2016 -2.27% 0.02%
2015 -3.52% 1.39%
2014 -1.74% 2.87%
2013 -1.02% 0.33%
2012 0.15% 2.93%
2011 -1.99% 3.36%
2010 -3.3% 0.52%
2009 -2.67% 4.84%
2008 0.04% 7.88%
2007 -0.82% -9.93%
2006 -0.99% -2.54%
2005 -0.02% 0.42%
2004 -1.31% 0.44%
2003 -2.7% 3.4%
2002 -3.45% -16.3%
2001 -2.71% -8.93%
2000 -2.94% -14.7%
1999 -5.37% -10.3%
1998 -3.86% -16.7%
1997 -3.23% -5.91%
1996 -2.49% -9.69%
1995 -1% -2.58%
1994 -0.14% -6.95%
1993 -0.24% -3.62%
1992 -0.07% 6.44%
1991 0.35% 3.15%
1990 -0.41% 11.9%
1989 -1.4% 8.26%
1988 -1.3% 11.8%
1987 -0.4% 2.77%
1986 -1.4% -10.1%
1985 -2.4% -4.86%
1984 -3.3% -6.09%
1983 -3.1% -3.13%
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/seychelles | 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 the Seychelles' deficit of $23.5M, or 0.99% of GDP.

Over the past 43 years, Colombia recorded a fiscal deficit in 40 of those years, while the Seychelles ran a deficit in 24 years. On average, Colombia posted an annual deficit equal to 2.49% of GDP, compared to deficit of 2.01% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Colombia

Seychelles
1x
Year Consumer prices inflation
Colombia Seychelles
2025 5.14% 0.3%
2024 6.61% 0.31%
2023 11.7% -1.04%
2022 10.2% 2.63%
2021 3.5% 9.77%
2020 2.53% 1.2%
2019 3.52% 1.81%
2018 3.24% 3.7%
2017 4.31% 2.86%
2016 7.51% -1.02%
2015 4.99% 4.04%
2014 2.9% 1.39%
2013 2.02% 4.34%
2012 3.17% 7.11%
2011 3.42% 2.56%
2010 2.27% -2.4%
2009 4.2% 31.8%
2008 7% 37%
2007 5.54% 5.32%
2006 4.29% -0.35%
2005 5.05% 0.91%
2004 5.9% 3.86%
2003 7.13% 3.3%
2002 6.35% 0.18%
2001 7.97% 5.97%
2000 9.23% 6.27%
1999 10.9% 6.35%
1998 18.7% 2.58%
1997 18.5% 0.62%

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

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

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 4.87% in the Seychelles. In 2025, inflation was 5.14% in Colombia and 0.3% in the Seychelles.

Top exports between countries

Colombia
Export category Export value
Machinery & equipment $174K
Textiles & consumer goods $50K
Seychelles
Export category Export value
Animal & marine products $108K

Balance of trade

Colombia Seychelles
Current account balance
-$10.9B
2025
-$166M
2024
Current account balance ranking
176/190
2025
90/190
2024
Current account balance, % of GDP
-2.38%
2025
-7.46%
2024
Goods imports
$66.3B
2025
$1.38B
2024
Goods exports
$51.5B
2025
$595M
2024
Service imports
$19.6B
2025
$1B
2024
Service exports
$19.6B
2025
$1.71B
2024
Imports of goods and services, % of GDP
20.4%
2025
92.7%
2025
Exports of goods and services, % of GDP
15%
2025
79.6%
2025

Economic freedom indices

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

Colombia Seychelles
Economic freedom 59.8 66.5
Economic freedom ranking 101/197 60/197
Property rights 43.1 82.6
Government integrity 41.6 71.7
Judicial effectiveness 57.4 61.7
Tax burden 68.6 77.3
Government spending 64 68
Fiscal health 49.8 92.2
Business freedom 71.2 71.3
Labor freedom 59.1 52
Monetary freedom 71.9 79.8
Trade freedom 71.4 81.2
Investment freedom 60 30
Financial freedom 60 30

Economic freedom comparison by year

Colombia
Seychelles
1x
Year Economic freedom index
Colombia Seychelles
2026 59.8 66.5
2025 59.8 66.4
2024 59.2 60.4
2023 63.1 59.5
2022 65.1 61.1
2021 68.1 66.3
2020 69.2 64.3
2019 67.3 61.4
2018 68.9 61.6
2017 69.7 61.8
2016 70.8 62.2
2015 71.7 57.5
2014 70.7 56.2
2013 69.6 54.9
2012 68 53
2011 68 51.2
2010 65.5 47.9
2009 62.3 47.8
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/seychelles | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Seychelles
Services, % of GDP
58.5%
2025
67.9%
2025
Industry, % of GDP
21.8%
2025
14.3%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
2.61%
2025
GNI, Atlas method
$422B
2025
$2.36B
2025
GNI per capita, PPP
$22,250
2025
$34,930
2025
Total reserves including gold
$65.8B
2025
$774M
2024
Total reserves ranking
41/177
2025
146/177
2024
Net foreign direct investment
-$7.31B
2025
-$268M
2024
Net inflows of foreign direct investment
$13.7B
2024
$226M
2024
Net outflows of foreign direct investment
$4.51B
2024
-$41.4M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
n/a
Poverty at national poverty lines
31.8%
2024
25.3%
2018
Gross capital formation, % of GDP
16.7%
2025
18.7%
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/seychelles | 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)

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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.