COLOMBIA: SELECTED ECONOMIC DATA; COLDAT: LAC/DPP 04/15/94
Prel.
1984 1985 1986 1987 1988 1989 1990 1991 1992 1993
POPULATION
Thousands 29020 29671. 30330. 30993. 31658. 32321. 32983. 33643. 34297. 34943
Growth Rate (%) 2.2 2.2 2.2 2.2 2.1 2.1 2.0 2.0 1.9 1.9
NATIONAL ACCOUNTS
GDP, current prices (b. pesos) 3857. 4966. 6788. 8825. 11741. 15138. 20242. 26268. 33386. 42110.
GDP, 1980 prices (b. pesos) 1713. 1769. 1872. 1973. 2054. 2123. 2215. 2261. 2340. 2446.
Real GDP Growth Rate (%) 3.5 3.3 5.8 5.4 4.1 3.4 4.3 2.1 3.5 4.50
Real Per Cap GDP (1980 thsd pesos) 59.0 59.6 61.7 63.7 64.9 65.7 67.1 67.2 68.2 70.0
Real Per Cap GDP Growth Rate (%) 1.3 1.0 3.5 3.1 1.9 1.3 2.2 .1 1.5 2.6
Gross Domestic Investment/GDP (%) 19.0 19.0 18.0 20.0 22.0 20.0 18.5 16.8 17.8 20.50
Private 10.2 10.5 11.3 13.7 15.2 13.0 12.2 10.3 10.9 12.30
Public 8.8 8.5 6.7 6.3 6.8 7.0 6.4 6.5 6.9 8.30
Gross National Savings/GDP (%) 16.6 18.8 19.5 19.8 21.3 19.6 20.0 22.2 19.4 18.10
Private 13.5 13.3 12.1 14.4 15.9 13.9 13.3 16.20 13.0 11.20
Public 3.1 5.5 7.4 5.4 5.4 5.7 6.7 6.0 6.4 6.9
Foreign Savings/GDP (%) 2.4 .3 -1.5 .2 .7 .4 -1.5 -5.4 -1.6 2.4
PRICES
GDP Price Deflator (1980=100) 225.1 280.7 362.7 447.3 571.7 712.9 914.0 1161.6 1426.5 1721.8
Annual Change (%) 22.0 24.7 29.2 23.4 27.8 24.7 28.2 27.1 22.8 20.70
Consumer Prices (1980=100) 216.1 264.7 314.7 388.0 497.0 625.8 807.9 1054.3 1338.9 1636.2
Annual Change (%) 18.3 22.5 18.9 23.3 28.1 25.9 29.1 30.5 27.0 22.20
BALANCE OF PAYMENTS (US$ m.)
Current Account Balance -2077 -1596 535 -72 -267 -153 581 2306 781 -1245
Exports, fob 3623 3782 5433 5254 5341 6039 7082 7509 7458 7990
Imports, cif 4027 3673 3409 3794 4515 4558 5108 4548 6116 8163
Trade Balance -404 109 2024 1460 826 1481 1974 2961 1342 -173
Services, net -1972 -2166 -2274 -2533 -2057 -2532 -2420 -2352 -2217 -1972
Transfers, net 299 461 785 1001 964 898 1027 1697 1656 900
Capital Account Balance 651 1863 825 -140 655 302 16 -256 545 1846
Public Sector, net 994 1386 800 -183 605 563 -182 -329 -851 622
Nonfin. Priv. Sector, net -50 495 560 26 375 -173 1024 -357 2192 1338
Direct Investment, net 561 1016 562 287 158 547 484 433 742 1151
Other Private, net -611 -521 -2 -261 117 -720 540 -789 1450 187
Financial Priv. Sector, net -293 -18 -535 17 -325 -88 -826 430 -796 -114
Overall Balance -1426 267 1360 -212 388 149 597 2050 1326 601
EXTERNAL DEBT
Debt Outstanding, (US$ b.) 12.4 14.0 15.0 16.9 17.7 17.8 17.5 16.8 16.6 17.1
Debt Oustanding/GDP (%) 40.9 45.1 45.5 46.4 45.2 45.1 43.4 39.4 33.8 33.6
Debt Service/Exports (%) 41.2 44.0 36.9 42.9 46.8 47.3 43.8 41.0 38.9 34.6
NONFIN. PUB. SECTOR (% of GDP)
Total Revenue 19.2 21.0 23.8 22.5 21.8 22.6 23.7 25.0 26.20 28.0
Current Expenditure 15.9 15.3 16.2 17.0 16.2 16.7 16.8 18.1 19.10 20.5
Current Surplus/Defecit 3.30 5.70 7.60 5.50 5.60 5.90 6.90 6.90 7.10 7.50
Capital Expenditure 9.6 9.1 7.6 6.6 7.2 7.4 6.9 6.9 7.30 8.5
Net Lending & Other .0 .1 .3 .4 .3 .5 .6 -.2 .2 .2
Overall Surplus/Defecit -6.3 -3.5 -.3 -1.4 -1.8 -2.0 -.6 -.2 -.4 -1.1