Claims on other sectors of the domestic economy in Colombia
Colombia: Claims on other sectors of the domestic economy was 53.9% in 2024. ▲ Rising
Claims on other sectors of the domestic economy in Colombia, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for claims on other sectors of the domestic economy in Colombia is 53.9%, measured in 2024.
The figure is down 1.9% on the previous year and down 2.8% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Colombia peaked at 68.4% in 2020 and was at its lowest, 27.8%, in 2003.
Colombia ranks 30th of 59 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Claims on other sectors of the domestic economy in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 27.8% | — |
| 2002 | 28.7% | +3.3% |
| 2003 | 27.8% | -3.2% |
| 2004 | 30.0% | +8.3% |
| 2005 | 31.7% | +5.5% |
| 2006 | 35.6% | +12.3% |
| 2007 | 39.8% | +11.7% |
| 2008 | 39.8% | +0.2% |
| 2009 | 43.2% | +8.5% |
| 2010 | 47.2% | +9.2% |
| 2011 | 48.0% | +1.7% |
| 2012 | 51.6% | +7.4% |
| 2013 | 52.7% | +2.2% |
| 2014 | 55.4% | +5.0% |
| 2015 | 60.1% | +8.5% |
| 2016 | 60.6% | +0.8% |
| 2017 | 64.3% | +6.2% |
| 2018 | 59.1% | -8.2% |
| 2019 | 60.4% | +2.3% |
| 2020 | 68.4% | +13.1% |
| 2021 | 62.8% | -8.2% |
| 2022 | 56.1% | -10.6% |
| 2023 | 54.9% | -2.2% |
| 2024 | 53.9% | -1.9% |
Colombia compared with similar countries
- Colombia's 53.9% is above the median for upper middle income countries, which is 51.2%, 1.1× the median. (29 countries reporting)
- Colombia's 53.9% is above the median for Latin America & Caribbean, which is 53.5%, 1.0× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.8% | 27.8% | 43.2% | 9 |
| 2010s | 56.0% | 47.2% | 64.3% | 10 |
| 2020s | 59.2% | 53.9% | 68.4% | 5 |
Countries ranked near Colombia
- 27 Cape Verde 58.4% compare
- 28 North Macedonia 57.2% compare
- 29 Namibia 56.5% compare
- 31 Costa Rica 53.2% compare
- 32 Bosnia and Herzegovina 51.2% compare
- 33 Turkey 47.3% compare
More financial sector data for Colombia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.68 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.68 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is claims on other sectors of the domestic economy in Colombia?
- Claims on other sectors of the domestic economy in Colombia was 53.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Colombia?
- The highest recorded value was 68.4% in 2020.
- What is the lowest claims on other sectors of the domestic economy recorded in Colombia?
- The lowest recorded value was 27.8% in 2003.
- How does Colombia rank for claims on other sectors of the domestic economy?
- Colombia ranks 30th out of 59 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in Colombia?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on other sectors of the domestic economy (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.