Colombia vs Turkey: Total factoring volume to GDP (%)

Colombia
2.5%
in 2020
Turkey
3.2%
in 2020
Colombia rank
37th
Turkey rank
34th

Total factoring volume to GDP (%) over time

  • Colombia
  • Turkey
246200720132020

How they compare

Turkey currently reports 3.2% against 2.5% in Colombia, a difference of 0.7%.

That makes Turkey's figure about 1.3 times Colombia's.

Across all 14 years both countries report, Turkey has been ahead every year.

Colombia ranks 37th and Turkey ranks 34th of 73 countries.

Turkey has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Colombia Turkey Difference Ahead
2000s 1.3% 3.9% 2.6% Turkey
2010s 2.5% 4.8% 2.3% Turkey
2020s 2.5% 3.2% 0.7% Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Colombia or Turkey?
Turkey, at 3.2% against 2.5% in Colombia as of 2020.
What is the difference in total factoring volume to gdp between Colombia and Turkey?
0.7%, with Turkey ahead.
How many years of comparable data are there for Colombia and Turkey?
14 years are reported by both, from 2007 to 2020.
How do Colombia and Turkey rank globally for total factoring volume to gdp?
Colombia ranks 37th and Turkey ranks 34th of 73 countries.
Where does this data come from?
Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Turkey: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 10 November 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/colombia/turkiye/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.