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Economy of Colombia vs Syria compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $20B for Syria, ranking 37/197 and 134/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $18.4B (30% of GDP) in Syria.

Colombia vs Syria GDP by year

Colombia
Syria
1x
Year GDP, current $
Colombia Syria
2025 $457,410,034,203 -
2024 $420,504,033,143 -
2023 $366,901,643,683 $19,993,439,950
2022 $345,632,492,851 $23,737,634,644
2021 $318,524,633,225 $14,892,885,528
2020 $270,348,342,541 $12,501,503,673
2019 $323,031,701,193 $22,583,046,645
2018 $334,198,218,098 $21,497,779,248
2017 $311,866,875,157 $16,369,842,725
2016 $282,720,100,286 $12,597,854,088
2015 $293,492,370,193 $16,466,861,435
2014 $381,240,864,422 $21,502,061,466
2013 $382,093,697,078 $21,361,254,635
2012 $370,691,143,018 $43,190,318,033
2011 $334,966,134,805 $67,539,433,544
2010 $286,498,534,095 $61,390,833,273
2009 $232,468,663,110 $54,111,721,044
2008 $242,504,150,473 $52,557,913,397
2007 $206,229,540,926 $40,465,331,020
2006 $161,792,958,905 $33,751,812,959
2005 $145,600,529,606 $28,858,937,499
2004 $117,092,416,666 $25,086,910,448
2003 $94,644,969,157 $21,828,144,686
2002 $97,945,812,803 $20,786,986,580
2001 $98,200,641,203 $20,078,599,626
2000 $99,875,074,951 $18,937,031,610
1999 $86,186,158,685 $15,873,875,969
1998 $98,443,739,941 $15,200,846,154
1997 $106,659,508,271 $14,505,233,463
1996 $97,160,109,278 $13,789,560,878
1995 $92,507,279,383 $11,396,706,587
1994 $81,703,500,846 $10,122,020,000
1993 $66,446,804,803 $13,695,962,055
1992 $58,418,985,443 $13,253,565,861
1991 $49,175,565,911 $12,981,833,333
1990 $47,844,090,710 $12,308,624,418
1989 $39,540,080,200 $9,853,395,762
1988 $39,212,550,050 $10,577,041,645
1987 $36,373,307,085 $11,356,215,543
1986 $34,942,489,684 $13,293,205,278
1985 $34,894,411,352 $16,403,539,893
1984 $38,253,120,738 $17,503,078,174
1983 $38,729,822,782 $17,589,277,143
1982 $38,968,039,722 $16,298,929,011
1981 $36,388,366,869 $15,518,201,335
1980 $33,400,735,644 $13,062,420,382
1979 $27,940,411,250 $9,929,681,529
1978 $23,263,511,958 $9,275,200,458
1977 $19,470,960,619 $7,696,011,396
1976 $15,341,403,660 $7,633,528,867
1975 $13,098,633,902 $6,826,980,444
1974 $12,370,029,584 $5,159,557,148
1973 $10,315,760,000 $3,239,487,516
1972 $8,671,358,733 $3,059,681,698
1971 $7,820,380,971 $2,589,851,325
1970 $7,198,360,460 $2,140,384,010
1969 $6,450,175,214 $2,245,011,515
1968 $5,960,212,869 $1,753,746,430
1967 $5,825,170,438 $1,580,229,799
1966 $5,428,518,519 $1,342,287,553
1965 $5,760,761,905 $1,472,036,540
1964 $5,973,366,667 $1,339,494,267
1963 $4,836,166,667 $1,200,447,408
1962 $4,955,543,963 $1,110,565,881
1961 $4,540,447,761 $945,244,972
1960 $4,031,152,977 $857,704,413

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

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

GDP per capita in Colombia vs Syria by year

Colombia
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - - -
2024 $7,951 $22,349 - -
2023 $7,012 $21,246 $847 $4,650
2022 $6,680 $20,854 $1,057 $4,772
2021 $6,223 $17,383 $689 $4,593
2020 $5,340 $15,519 $594 $3,738
2019 $6,473 $16,182 $1,110 $3,502
2018 $6,817 $15,239 $1,098 $3,456
2017 $6,480 $14,401 $852 $3,265
2016 $5,960 $14,027 $656 -
2015 $6,249 $13,332 $848 -
2014 $8,187 $13,355 $1,061 -
2013 $8,279 $12,780 $986 -
2012 $8,109 $12,093 $1,898 -
2011 $7,401 $11,707 $2,952 -
2010 $6,398 $10,841 $2,731 -
2009 $5,251 $10,367 $2,462 -
2008 $5,542 $10,307 $2,429 -
2007 $4,770 $9,909 $1,938 -
2006 $3,790 $9,154 $1,719 -
2005 $3,456 $8,432 $1,534 -
2004 $2,819 $7,909 $1,368 -
2003 $2,312 $7,420 $1,220 -
2002 $2,429 $7,109 $1,190 -
2001 $2,473 $6,935 $1,178 -
2000 $2,555 $6,776 $1,138 -
1999 $2,241 $6,544 $978 -
1998 $2,605 $6,854 $961 -
1997 $2,873 $6,861 $941 -
1996 $2,665 $6,639 $918 -
1995 $2,584 $6,506 $780 -
1994 $2,326 $6,174 $712 -
1993 $1,929 $5,826 $993 -
1992 $1,730 $5,509 $990 -
1991 $1,486 $5,281 $1,000 -
1990 $1,475 $5,109 $978 -
1989 $1,244 - $809 -
1988 $1,260 - $898 -
1987 $1,193 - $997 -
1986 $1,169 - $1,208 -
1985 $1,192 - $1,544 -
1984 $1,336 - $1,706 -
1983 $1,384 - $1,776 -
1982 $1,425 - $1,703 -
1981 $1,362 - $1,676 -
1980 $1,280 - $1,458 -
1979 $1,095 - $1,146 -
1978 $932 - $1,108 -
1977 $798 - $951 -
1976 $643 - $976 -
1975 $561 - $904 -
1974 $542 - $707 -
1973 $462 - $459 -
1972 $397 - $448 -
1971 $367 - $393 -
1970 $346 - $335 -
1969 $318 - $364 -
1968 $302 - $293.3 -
1967 $303 - $272.9 -
1966 $290.3 - $239.3 -
1965 $317 - $270.8 -
1964 $339 - $254.2 -
1963 $282.6 - $234.9 -
1962 $298.5 - $223.9 -
1961 $282.1 - $196.3 -
1960 $258.3 - $183.5 -

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

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

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Syria ranks 160th at $4,650.

Economic indicators

Colombia Syria
Gross domestic product
$457B
2025
$20B
2023
GDP rank
37/197
2025
134/197
2023
GDP growth
2.64%
2024-2025
-1.85%
2022-2023
GDP per capita
$8,562
2025
$847
2023
GDP per capita rank
94/197
2025
185/197
2023
GDP per capita, PPP
$22,349
2024
$4,650
2023
GDP per capita PPP rank
87/197
2024
160/197
2023
Government debt
$274B
2025
$18.4B
2010
Debt-to-GDP ratio
59.9%
2025
30%
2010
Government debt per person
$5,126
2025
$820
2010
Government debt per person rank
85/185
2025
150/185
2010
Average annual personal income after taxes
$6,463
2026
$693
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
20.9%
2022
Income share by poorest 10%
1%
2024
3.8%
2022
Government expenditure, % of GDP
33.2%
2025
28.6%
2010
Consumer prices inflation
5.14%
2024-2025
13.4%
2018-2019
Central bank interest rate
11.3%
2026
n/a
Unemployment rate
8.43%
2025
14.9%
2011
Population
54209462
26956472

Spending and national debt comparison by year

Colombia
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Colombia Syria
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% - -
2024 34.4% 61% - -
2023 35.1% 55.4% - -
2022 34.1% 61.3% - -
2021 34.5% 64.4% - -
2020 33.7% 65.3% - -
2019 32.9% 51% - -
2018 34.7% 51.8% - -
2017 29.3% 49.4% - -
2016 30% 49.9% - -
2015 31.3% 50.4% - -
2014 31.3% 43.3% - -
2013 30% 37.6% - -
2012 29.1% 34% - -
2011 30.2% 35.8% - -
2010 30.4% 36.5% 28.6% 30%
2009 30.9% 35.4% 26.7% 31.2%
2008 28.4% 32.4% 22.9% 37.3%
2007 28.2% 32.7% 25.7% 42.7%
2006 28.4% 36% 26.3% 45%
2005 25.9% 38.5% 28.2% 50.7%
2004 26.6% 41.5% 31.3% 113%
2003 28% 45% 32.6% 133.4%
2002 28.1% 47.5% 28.5% 132.4%
2001 27.5% 41.1% 28% 144.5%
2000 26.6% 38% 27.4% 152.1%
1999 28.3% 34% 28% 147.7%
1998 26.3% 27.5% 28.8% 151.2%
1997 26.2% 25.3% 29% 147.6%
1996 25.1% 23.3% 27.7% 141.5%
1995 22.2% 13.8% 29.8% 152.6%
1994 20.6% 12.5% 30.3% 163%
1993 20% 14.2% 29.4% 171.9%
1992 18.4% 16.1% 34.2% 173.6%
1991 17.7% 14.5% 34.3% 182.4%
1990 17.4% 16.7% 28.3% 189.8%
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/syria | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 30% in Syria, ranking 78/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Syria
1x
Year Deficit/surplus, % of GDP
Colombia Syria
2025 -5.75% -
2024 -6.04% -
2023 -2.92% -
2022 -6.36% -
2021 -7.28% -
2020 -7.12% -
2019 -3.48% -
2018 -4.67% -
2017 -2.5% -
2016 -2.27% -
2015 -3.52% -
2014 -1.74% -
2013 -1.02% -
2012 0.15% -
2011 -1.99% -
2010 -3.3% -7.79%
2009 -2.67% -2.89%
2008 0.04% -2.86%
2007 -0.82% -2.99%
2006 -0.99% -1.12%
2005 -0.02% -4.41%
2004 -1.31% -4.18%
2003 -2.7% -2.7%
2002 -3.45% -2.02%
2001 -2.71% 2.3%
2000 -2.94% -1.36%
1999 -5.37% -1.47%
1998 -3.86% -2.81%
1997 -3.23% -1.78%
1996 -2.49% -2.83%
1995 -1% -3.81%
1994 -0.14% -6%
1993 -0.24% -4.96%
1992 -0.07% -7.26%
1991 0.35% -6.57%
1990 -0.41% -3.92%
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/syria | CC BY

In 2010, Colombia's government deficit, the difference between spending and revenue, was $9.46B, equivalent to 3.3% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Colombia recorded a fiscal deficit in 19 of those years, while Syria ran a deficit in 20 years. On average, Colombia posted an annual deficit equal to 1.78% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Colombia

Syria
1x
Year Consumer prices inflation
Colombia Syria
2025 5.14% -
2024 6.61% -
2023 11.7% -
2022 10.2% -
2021 3.5% -
2020 2.53% -
2019 3.52% 13.4%
2018 3.24% 0.94%
2017 4.31% 18.1%
2016 7.51% 47.7%
2015 4.99% 38.5%
2014 2.9% 10.9%
2013 2.02% 40%
2012 3.17% 36.7%
2011 3.42% 4.75%
2010 2.27% 4.4%
2009 4.2% 2.92%
2008 7% 15.7%
2007 5.54% 3.91%
2006 4.29% 10%
2005 5.05% 7.24%
2004 5.9% 4.43%
2003 7.13% 5.8%
2002 6.35% -0.13%
2001 7.97% 3%
2000 9.23% -3.85%
1999 10.9% -3.7%
1998 18.7% -0.8%
1997 18.5% 1.89%

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

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

Over the past 23 years, Colombia has recorded an average annual inflation rate of 6.44%, compared with 11.4% in Syria. In 2019, inflation was 5.14% in Colombia and 13.4% in Syria.

Top exports between countries

Colombia
Export category Export value
Raw agricultural goods $725K
Chemicals & pharma $357K
Raw materials & minerals $107K
Processed food, beverages & tobacco $8K
Syria
Export category Export value
Raw agricultural goods $264K
Textiles & consumer goods $144K
Processed food, beverages & tobacco $17K

Balance of trade

Colombia Syria
Current account balance
-$10.9B
2025
-$367M
2010
Current account balance ranking
176/190
2025
99/190
2010
Current account balance, % of GDP
-2.38%
2025
-0.6%
2010
Goods imports
$66.3B
2025
$15.9B
2010
Goods exports
$51.5B
2025
$12.3B
2010
Service imports
$19.6B
2025
$3.53B
2010
Service exports
$19.6B
2025
$7.33B
2010
Imports of goods and services, % of GDP
20.4%
2025
28.7%
2022
Exports of goods and services, % of GDP
15%
2025
6.78%
2022

Economic freedom indices

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

Colombia Syria
Economic freedom 59.8 51.2
Economic freedom ranking 101/197 155/197
Property rights 43.1 4
Government integrity 41.6 3.6
Judicial effectiveness 57.4 3.7
Tax burden 68.6 87.3
Government spending 64 78.5
Fiscal health 49.8 13.8
Business freedom 71.2 33.8
Labor freedom 59.1 37.2
Monetary freedom 71.9 80
Trade freedom 71.4 47
Investment freedom 60 0
Financial freedom 60 20

Economic freedom comparison by year

Colombia
Syria
1x
Year Economic freedom index
Colombia Syria
2026 59.8 -
2025 59.8 -
2024 59.2 -
2023 63.1 -
2022 65.1 -
2021 68.1 -
2020 69.2 -
2019 67.3 -
2018 68.9 -
2017 69.7 -
2016 70.8 -
2015 71.7 -
2014 70.7 -
2013 69.6 -
2012 68 51.2
2011 68 51.3
2010 65.5 49.4
2009 62.3 51.3
2008 62.2 47.2
2007 59.9 48.3
2006 60.4 51.2
2005 59.6 46.3
2004 61.2 40.6
2003 64.2 41.3
2002 64.2 36.3
2001 65.6 36.6
2000 63.3 37.2
1999 65.3 39
1998 65.5 42.2
1997 66.4 43
1996 64.3 42.3
1995 64.5 -

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

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

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Syria
Services, % of GDP
58.5%
2025
44.7%
2022
Industry, % of GDP
21.8%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
42.9%
2022
GNI, Atlas method
$422B
2025
$18.2B
2023
GNI per capita, PPP
$22,250
2025
$4,480
2023
Total reserves including gold
$65.8B
2025
$20.6B
2010
Total reserves ranking
41/177
2025
66/177
2010
Net foreign direct investment
-$7.31B
2025
-$1.47B
2010
Net inflows of foreign direct investment
$13.7B
2024
$0
2024
Net outflows of foreign direct investment
$4.51B
2024
$0
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
0.15%
2023
Poverty at national poverty lines
31.8%
2024
35.2%
2007
Gross capital formation, % of GDP
16.7%
2025
16%
1969

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/syria | 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. 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 (2010–2025, 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.