Skip to content

Economy of Colombia vs Vietnam compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $515B for Vietnam, ranking 37/197 and 33/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Colombia vs Vietnam GDP by year

Colombia
Vietnam
1x
Year GDP, current $
Colombia Vietnam
2025 $457,410,034,203 $514,697,215,165
2024 $420,504,033,143 $476,324,572,784
2023 $366,901,643,683 $433,805,036,898
2022 $345,632,492,851 $413,445,230,669
2021 $318,524,633,225 $366,474,752,771
2020 $270,348,342,541 $346,615,738,538
2019 $323,031,701,193 $334,365,270,497
2018 $334,198,218,098 $310,106,478,395
2017 $311,866,875,157 $281,353,605,987
2016 $282,720,100,286 $257,096,001,178
2015 $293,492,370,193 $239,258,328,382
2014 $381,240,864,422 $233,451,469,643
2013 $382,093,697,078 $213,708,811,665
2012 $370,691,143,018 $195,590,661,129
2011 $334,966,134,805 $172,595,049,184
2010 $286,498,534,095 $147,201,173,197
2009 $232,468,663,110 $106,014,659,565
2008 $242,504,150,473 $99,130,304,099
2007 $206,229,540,926 $77,414,425,532
2006 $161,792,958,905 $66,371,664,817
2005 $145,600,529,606 $57,633,255,738
2004 $117,092,416,666 $45,427,854,693
2003 $94,644,969,157 $39,552,513,232
2002 $97,945,812,803 $35,064,105,501
2001 $98,200,641,203 $32,685,198,809
2000 $99,875,074,951 $31,172,518,403
1999 $86,186,158,685 $28,683,659,007
1998 $98,443,739,941 $27,209,602,050
1997 $106,659,508,271 $26,843,700,442
1996 $97,160,109,278 $24,657,470,575
1995 $92,507,279,383 $20,736,164,459
1994 $81,703,500,846 $16,286,433,533
1993 $66,446,804,803 $13,180,953,598
1992 $58,418,985,443 $9,866,990,236
1991 $49,175,565,911 $9,613,369,520
1990 $47,844,090,710 $6,471,740,806
1989 $39,540,080,200 $6,293,304,975
1988 $39,212,550,050 $25,423,812,649
1987 $36,373,307,085 $36,658,108,850
1986 $34,942,489,684 $26,336,616,250
1985 $34,894,411,352 $14,094,687,821
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/vietnam | CC BY

GDP per capita in Colombia vs Vietnam by year

Colombia
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $5,066 -
2024 $7,951 $22,349 $4,717 $16,386
2023 $7,012 $21,246 $4,323 $15,034
2022 $6,680 $20,854 $4,148 $13,905
2021 $6,223 $17,383 $3,704 $12,049
2020 $5,340 $15,519 $3,534 $11,609
2019 $6,473 $16,182 $3,441 $11,029
2018 $6,817 $15,239 $3,222 $10,010
2017 $6,480 $14,401 $2,956 $9,170
2016 $5,960 $14,027 $2,735 $8,375
2015 $6,249 $13,332 $2,578 $7,672
2014 $8,187 $13,355 $2,546 $7,297
2013 $8,279 $12,780 $2,360 $6,758
2012 $8,109 $12,093 $2,185 $6,377
2011 $7,401 $11,707 $1,951 $5,786
2010 $6,398 $10,841 $1,683 $5,389
2009 $5,251 $10,367 $1,226 $5,061
2008 $5,542 $10,307 $1,164 $4,844
2007 $4,770 $9,909 $926 $4,581
2006 $3,790 $9,154 $808 $4,237
2005 $3,456 $8,432 $711 $3,894
2004 $2,819 $7,909 $565 $3,543
2003 $2,312 $7,420 $497 $3,240
2002 $2,429 $7,109 $445 $3,002
2001 $2,473 $6,935 $419 $2,809
2000 $2,555 $6,776 $404 $2,614
1999 $2,241 $6,544 $376 $2,421
1998 $2,605 $6,854 $361 $2,308
1997 $2,873 $6,861 $362 $2,189
1996 $2,665 $6,639 $337 $2,019
1995 $2,584 $6,506 $287.8 $1,841
1994 $2,326 $6,174 $229.9 $1,674
1993 $1,929 $5,826 $189.4 $1,534
1992 $1,730 $5,509 $144.5 $1,413
1991 $1,486 $5,281 $143.7 $1,298
1990 $1,475 $5,109 $98.8 $1,210
1989 $1,244 - $98.1 -
1988 $1,260 - $405 -
1987 $1,193 - $595 -
1986 $1,169 - $436 -
1985 $1,192 - $238.6 -
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/vietnam | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Vietnam ranks 108th at $16,386.

Economic indicators

Colombia Vietnam
Gross domestic product
$457B
2025
$515B
2025
GDP rank
37/197
2025
33/197
2025
GDP growth
2.64%
2024-2025
8.02%
2024-2025
GDP per capita
$8,562
2025
$5,066
2025
GDP per capita rank
94/197
2025
122/197
2025
GDP per capita, PPP
$22,349
2024
$16,386
2024
GDP per capita PPP rank
87/197
2024
108/197
2024
Government debt
$274B
2025
$156B
2025
Debt-to-GDP ratio
59.9%
2025
30.3%
2025
Government debt per person
$5,126
2025
$1,537
2025
Government debt per person rank
85/185
2025
130/185
2025
Average annual personal income after taxes
$6,463
2026
$5,133
2026
Market capitalization of domestic companies
$133B
2025
$316B
2025
Number of billionaires
4
2026
5
2026
Income share by richest 10%
42.7%
2024
28.1%
2022
Income share by poorest 10%
1%
2024
2.6%
2022
Government expenditure, % of GDP
33.2%
2025
22.1%
2025
Consumer prices inflation
5.14%
2024-2025
3.3%
2024-2025
Central bank interest rate
11.3%
2026
4.5%
2023
Unemployment rate
8.43%
2025
1.53%
2024
Population
54209462
102486146

Spending and national debt comparison by year

Colombia
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Colombia Vietnam
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 22.1% 30.3%
2024 34.4% 61% 19.1% 31.2%
2023 35.1% 55.4% 18.8% 34.3%
2022 34.1% 61.3% 18.2% 34.9%
2021 34.5% 64.4% 20.1% 39.2%
2020 33.7% 65.3% 21.3% 41.3%
2019 32.9% 51% 19.8% 41%
2018 34.7% 51.8% 20.5% 43.8%
2017 29.3% 49.4% 21.5% 46.6%
2016 30% 49.9% 22.2% 47.9%
2015 31.3% 50.4% 24.2% 46.1%
2014 31.3% 43.3% 22.8% 43.6%
2013 30% 37.6% 24.5% 41.4%
2012 29.1% 34% 23.5% 38.3%
2011 30.2% 35.8% 21.2% 36.2%
2010 30.4% 36.5% 23.7% 37.3%
2009 30.9% 35.4% 25% 36.2%
2008 28.4% 32.4% 21.4% 31%
2007 28.2% 32.7% 22.3% 32.2%
2006 28.4% 36% 20.5% 30.2%
2005 25.9% 38.5% 20.6% 28.7%
2004 26.6% 41.5% 19.4% 29.4%
2003 28% 45% 22.2% 29.8%
2002 28.1% 47.5% 19.7% 27.7%
2001 27.5% 41.1% 19.2% 25.4%
2000 26.6% 38% 17.8% 24.8%
1999 28.3% 34% 16.7% -
1998 26.3% 27.5% 16% -
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/vietnam | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 30.3% in Vietnam, ranking 78/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Vietnam
1x
Year Deficit/surplus, % of GDP
Colombia Vietnam
2025 -5.75% -2.2%
2024 -6.04% -1.54%
2023 -2.92% -1.72%
2022 -6.36% 0.67%
2021 -7.28% -1.43%
2020 -7.12% -2.86%
2019 -3.48% -0.4%
2018 -4.67% -1.02%
2017 -2.5% -1.96%
2016 -2.27% -3.16%
2015 -3.52% -4.98%
2014 -1.74% -5.02%
2013 -1.02% -5.96%
2012 0.15% -5.46%
2011 -1.99% -0.9%
2010 -3.3% -2.25%
2009 -2.67% -4.82%
2008 0.04% -0.45%
2007 -0.82% -1.74%
2006 -0.99% 0.2%
2005 -0.02% -0.95%
2004 -1.31% -0.15%
2003 -2.7% -2.56%
2002 -3.45% -1.85%
2001 -2.71% -2.19%
2000 -2.94% -1.61%
1999 -5.37% -1.25%
1998 -3.86% -0.1%
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/vietnam | 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 Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Colombia recorded a fiscal deficit in 26 of those years, while Vietnam ran a deficit in 26 years. On average, Colombia posted an annual deficit equal to 3.09% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Colombia

Vietnam
1x
Year Consumer prices inflation
Colombia Vietnam
2025 5.14% 3.3%
2024 6.61% 3.6%
2023 11.7% 3.3%
2022 10.2% 3.2%
2021 3.5% 1.8%
2020 2.53% 3.2%
2019 3.52% 2.8%
2018 3.24% 3.5%
2017 4.31% 3.5%
2016 7.51% 2.7%
2015 4.99% 0.6%
2014 2.9% 4.1%
2013 2.02% 6.6%
2012 3.17% 9.1%
2011 3.42% 18.7%
2010 2.27% 10.5%
2009 4.2% 6.7%
2008 7% 23.1%
2007 5.54% 8.3%
2006 4.29% 7.5%
2005 5.05% 8.4%
2004 5.9% 7.9%
2003 7.13% 3.3%
2002 6.35% 4.1%
2001 7.97% -0.3%
2000 9.23% -1.8%
1999 10.9% 4.1%
1998 18.7% 7.2%
1997 18.5% 3.1%

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

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

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 5.59% in Vietnam. In 2025, inflation was 5.14% in Colombia and 3.3% in Vietnam.

Top exports between countries

Colombia
Export category Export value
Raw agricultural goods $18.7M
Animal & marine products $12.8M
Chemicals & pharma $3.52M
Raw materials & minerals $2.5M
Processed food, beverages & tobacco $1.78M
Wood & paper products $931K
Metals $497K
Machinery & equipment $314K
Textiles & consumer goods $233K
Miscellaneous $3K
Vietnam
Export category Export value
Machinery & equipment $321M
Textiles & consumer goods $120M
Metals $108M
Animal & marine products $58.3M
Chemicals & pharma $16.8M
Raw materials & minerals $13.9M
Raw agricultural goods $3.02M
Miscellaneous $2.73M
Processed food, beverages & tobacco $2.57M
Wood & paper products $515K

Balance of trade

Colombia Vietnam
Current account balance
-$10.9B
2025
$30.2B
2024
Current account balance ranking
176/190
2025
18/190
2024
Current account balance, % of GDP
-2.38%
2025
+6.33%
2024
Goods imports
$66.3B
2025
$363B
2024
Goods exports
$51.5B
2025
$407B
2024
Service imports
$19.6B
2025
$35.6B
2024
Service exports
$19.6B
2025
$25B
2024
Imports of goods and services, % of GDP
20.4%
2025
92.1%
2025
Exports of goods and services, % of GDP
15%
2025
98.2%
2025

Economic freedom indices

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

Colombia Vietnam
Economic freedom 59.8 64.4
Economic freedom ranking 101/197 73/197
Property rights 43.1 47.3
Government integrity 41.6 39.2
Judicial effectiveness 57.4 31.3
Tax burden 68.6 80.9
Government spending 64 89.5
Fiscal health 49.8 96.9
Business freedom 71.2 70
Labor freedom 59.1 54.7
Monetary freedom 71.9 73.2
Trade freedom 71.4 79.8
Investment freedom 60 60
Financial freedom 60 50

Economic freedom comparison by year

Colombia
Vietnam
1x
Year Economic freedom index
Colombia Vietnam
2026 59.8 64.4
2025 59.8 65.2
2024 59.2 62.8
2023 63.1 61.8
2022 65.1 60.6
2021 68.1 61.7
2020 69.2 58.8
2019 67.3 55.3
2018 68.9 53.1
2017 69.7 52.4
2016 70.8 54
2015 71.7 51.7
2014 70.7 50.8
2013 69.6 51
2012 68 51.3
2011 68 51.6
2010 65.5 49.8
2009 62.3 51
2008 62.2 50.4
2007 59.9 49.8
2006 60.4 50.5
2005 59.6 48.1
2004 61.2 46.1
2003 64.2 46.2
2002 64.2 45.6
2001 65.6 44.3
2000 63.3 43.7
1999 65.3 42.7
1998 65.5 40.4
1997 66.4 38.6
1996 64.3 40.2
1995 64.5 41.7

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

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

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Vietnam
Services, % of GDP
58.5%
2025
42.7%
2025
Industry, % of GDP
21.8%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
11.6%
2025
GNI, Atlas method
$422B
2025
$505B
2025
GNI per capita, PPP
$22,250
2025
$17,580
2025
Total reserves including gold
$65.8B
2025
$85.6B
2025
Total reserves ranking
41/177
2025
33/177
2025
Net foreign direct investment
-$7.31B
2025
-$19.6B
2024
Net inflows of foreign direct investment
$13.7B
2024
$20.2B
2024
Net outflows of foreign direct investment
$4.51B
2024
$600M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
7.29%
2024
Poverty at national poverty lines
31.8%
2024
4.2%
2022
Gross capital formation, % of GDP
16.7%
2025
30.8%
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/vietnam | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (2024–2025, 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.