8.5 |
Colombia |
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Selected Economic and Social Data |
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1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
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Population ('000) |
30,665 |
31,307 |
31,953 |
32,596 |
33,239 |
33,887 |
34,534 |
35,178 |
35,814 |
36,442 |
37,066 |
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Growth Rate (%) |
2.1 |
2.1 |
2.1 |
2.0 |
2.0 |
1.9 |
1.9 |
1.9 |
1.8 |
1.8 |
1.7 |
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National Accounts |
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GDP, current prices (b. pesos) |
8,824 |
11,731 |
15,127 |
20,228 |
26,107 |
33,515 |
43,898 |
57,982 |
73,561 |
88,828 |
107,946 |
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GDP, 1975 prices (b. pesos) |
655.2 |
682.0 |
705.1 |
735.3 |
750.0 |
780.3 |
822.3 |
870.2 |
916.8 |
935.1 |
965.0 |
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Real GDP Growth Rate (%) |
5.4 |
4.1 |
3.4 |
4.3 |
2.0 |
4.0 |
5.4 |
5.8 |
5.4 |
2.0 |
3.2 |
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Real Per Capita GDP (1975 pesos) |
21,366 |
21,784 |
22,067 |
22,558 |
22,564 |
23,027 |
23,811 |
24,737 |
25,599 |
25,660 |
26,035 |
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Real Per Cap. GDP Growth Rate (%) |
3.2 |
2.0 |
1.3 |
2.2 |
0.0 |
2.1 |
3.4 |
3.9 |
3.5 |
0.2 |
1.5 |
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Gross Domestic Investment/GDP (%) |
20.0 |
22.0 |
20.0 |
18.5 |
16.0 |
17.2 |
21.2 |
23.3 |
23.4 |
12.6 |
12.8 |
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Prices |
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GDP Deflator (1980=100) |
1,347 |
1,720 |
2,145 |
2,751 |
3,481 |
4,295 |
5,338 |
6,663 |
8,024 |
9,499 |
11,186 |
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Annual Change (%) |
23.4 |
27.7 |
24.7 |
28.2 |
26.5 |
23.4 |
24.3 |
24.8 |
20.4 |
18.4 |
17.8 |
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Consumer Prices (1990=100) |
48.0 |
61.5 |
77.4 |
100.0 |
130.4 |
165.6 |
203.1 |
251.5 |
304.2 |
365.8 |
433.6 |
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Annual Change (%) |
23.1 |
28.1 |
25.9 |
29.2 |
30.4 |
27.0 |
22.6 |
23.8 |
21.0 |
20.2 |
18.5 |
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Balance of Payments (US$m) |
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Current Account Balance |
336 |
(216) |
(201) |
542 |
2,349 |
901 |
(2,102) |
(3,113) |
(4,101) |
(4,754) |
(4,968) |
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Exports, fob |
5,661 |
5,343 |
6,031 |
7,079 |
7,507 |
7,263 |
7,429 |
8,748 |
10,222 |
10,651 |
11,649 |
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Imports, fob |
3,793 |
4,516 |
4,557 |
5,108 |
4,548 |
6,029 |
9,086 |
11,040 |
12,921 |
12,784 |
14,041 |
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Trade Balance |
1,868 |
827 |
1,474 |
1,971 |
2,959 |
1,234 |
(1,657) |
(2,292) |
(2,699) |
(2,133) |
(2,392) |
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Factor Payments, net |
(1,990) |
(1,745) |
(2,299) |
(2,305) |
(2,089) |
(2,022) |
(1,782) |
(2,307) |
(2,265) |
(2,925) |
(3,130) |
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Other Services, net |
(543) |
(262) |
(274) |
(150) |
(219) |
(45) |
199 |
624 |
184 |
(228) |
(38) |
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Transfers, net |
1,001 |
964 |
898 |
1,026 |
1,698 |
1,734 |
1,138 |
862 |
679 |
532 |
592 |
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Capital Account Balance |
(1) |
939 |
478 |
(2) |
(777) |
183 |
2,702 |
2,783 |
4,662 |
6,786 |
5,542 |
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Direct Investment, net |
293 |
159 |
547 |
484 |
433 |
679 |
719 |
1,515 |
2,033 |
3,254 |
5,303 |
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Portfolio Investment, net |
48 |
.. |
179 |
(4) |
86 |
126 |
498 |
584 |
(170) |
1,656 |
(136) |
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Other Investment, net |
(342) |
780 |
(248) |
(482) |
(1,296) |
(622) |
1,485 |
684 |
2,799 |
1,876 |
375 |
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Errors and Omissions |
67 |
(530) |
157 |
70 |
191 |
190 |
(135) |
482 |
(210) |
(434) |
(590) |
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Overall Balance |
402 |
193 |
434 |
610 |
1,763 |
1,274 |
465 |
152 |
351 |
1,598 |
(16) |
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External Public Debt |
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Debt Outstanding,12/31 (US$m) |
13,828 |
13,846 |
13,989 |
14,671 |
14,469 |
13,476 |
13,243 |
14,358 |
13,950 |
14,814 |
.. |
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Debt Outstanding/GDP (%) [a] |
38.0 |
35.3 |
35.4 |
36.4 |
35.1 |
30.5 |
26.0 |
20.9 |
17.3 |
17.3 |
.. |
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Debt Service/Exports (%) |
35.0 |
40.9 |
39.7 |
35.9 |
34.0 |
37.3 |
28.1 |
32.8 |
23.0 |
19.7 |
.. |
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Consolidated Nonfinancial Public Sector (% of GDP) |
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Current Revenue |
22.4 |
21.6 |
22.4 |
23.6 |
25.2 |
25.5 |
27.1 |
27.4 |
30.9 |
32.6 |
32.5 |
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Current Expenditures |
16.0 |
16.2 |
16.3 |
16.8 |
18.2 |
18.7 |
19.0 |
20.2 |
23.6 |
24.3 |
25.4 |
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Current Surplus/Deficit |
6.4 |
5.4 |
6.1 |
6.8 |
7.0 |
6.8 |
8.1 |
7.2 |
7.3 |
8.3 |
7.1 |
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Capital Revenue |
0.1 |
0.2 |
0.2 |
0.1 |
0.1 |
1.7 |
1.5 |
3.2 |
0.9 |
3.2 |
6.3 |
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Capital Expenditures |
8.0 |
7.4 |
7.9 |
7.2 |
6.9 |
8.7 |
9.4 |
7.7 |
8.7 |
12.5 |
13.5 |
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Statistical Discrepancy |
-0.3 |
-0.3 |
-0.3 |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
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Overall Surplus/Deficit |
-1.8 |
-2.1 |
-1.9 |
-0.3 |
0.2 |
-0.2 |
0.2 |
2.7 |
-0.5 |
-1.0 |
-0.1 |