Bank concentration in Colombia

Colombia: Bank concentration was 73.8% in 2021. ▲ Rising

Latest (2021)
73.8%
Change on year
up 16.4%
World rank
78th
of 170 countries
All-time high
100.0%
in 2006
All-time low
51.3%
in 2003
Years of data
17
2000–2021

Bank concentration in Colombia, 2000–2021

0204060801002000201020212000: 63.3 %2001: 52.2 %2002: 52.3 %2003: 51.3 %2004: 54.5 %2005: 75.1 %2006: 100 %2010: 100 %2011: 98.7 %2012: 98.4 %2015: 64.5 %2016: 67 %2017: 68.4 %2018: 61.6 %2019: 62.7 %2020: 63.4 %2021: 73.8 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

Colombia recorded 73.8% for bank concentration in 2021.

Compared with earlier readings it is up 16.4% on the previous year and down 25.3% over ten years.

Over the whole period, bank concentration in Colombia peaked at 100.0% in 2006 and was at its lowest, 51.3%, in 2003.

That places Colombia 78th out of 170 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Bank concentration in Colombia, year by year

Annual values for Bank concentration (%) in Colombia, 2000 to 2021.
Year % Change
2000 63.3%
2001 52.2% -17.6%
2002 52.3% +0.2%
2003 51.3% -2.0%
2004 54.5% +6.3%
2005 75.1% +37.7%
2006 100.0% +33.2%
2010 100.0% +0.0%
2011 98.7% -1.3%
2012 98.4% -0.3%
2015 64.5% -34.5%
2016 67.0% +3.8%
2017 68.4% +2.2%
2018 61.6% -10.1%
2019 62.7% +1.8%
2020 63.4% +1.2%
2021 73.8% +16.4%

Colombia compared with similar countries

  • Colombia's 73.8% is above the median for upper middle income countries, which is 70.5%, 1.0× the median. (48 countries reporting)
  • Colombia's 73.8% is above the median for Latin America & Caribbean, which is 73.8%, 1.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Bank concentration in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +37.7% 54.5% 75.1%
2015 -34.5% 98.4% 64.5%
2006 +33.2% 75.1% 100.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 64.1% 51.3% 100.0% 7
2010s 77.7% 61.6% 100.0% 8
2020s 68.6% 63.4% 73.8% 2

Countries ranked near Colombia

  1. 75 Egypt 74.5% compare
  2. 76 El Salvador 74.4% compare
  3. 77 Albania 74.0% compare
  4. 79 Ireland 73.8% compare
  5. 80 Cape Verde 73.6% compare
  6. 81 Benin 73.5% compare

See the full ranking of 170 places →

More financial sector data for Colombia

All data for Colombia →

Frequently asked questions

What is bank concentration in Colombia?
Bank concentration in Colombia was 73.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank concentration recorded in Colombia?
The highest recorded value was 100.0% in 2006.
What is the lowest bank concentration recorded in Colombia?
The lowest recorded value was 51.3% in 2003.
How does Colombia rank for bank concentration?
Colombia ranks 78th out of 170 countries with data for 2021.
Is bank concentration rising or falling in Colombia?
Over the last ten years it is down 25.3%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.

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Bank concentration in Colombia. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 22 September 2026, from https://financial-sector.statizoid.com/stat/bank-concentration-percent/colombia/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,314 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.