Foreign banks among total banks (%) in Colombia
Colombia: Foreign banks among total banks (%) was 42.0% in 2013. ▲ Rising
Foreign banks among total banks in Colombia, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in Colombia is 42.0%, measured in 2013. That is the highest value across all 19 years on record.
That represents a change of up 5.0% on the previous year and up 75.0% over ten years.
Over the whole period, foreign banks among total banks in Colombia peaked at 42.0% in 2013 and was at its lowest, 20.0%, in 1995.
That places Colombia 67th out of 137 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 20.0% | — |
| 1996 | 22.0% | +10.0% |
| 1997 | 26.0% | +18.2% |
| 1998 | 29.0% | +11.5% |
| 1999 | 27.0% | -6.9% |
| 2000 | 28.0% | +3.7% |
| 2001 | 28.0% | +0.0% |
| 2002 | 28.0% | +0.0% |
| 2003 | 24.0% | -14.3% |
| 2004 | 22.0% | -8.3% |
| 2005 | 23.0% | +4.5% |
| 2006 | 28.0% | +21.7% |
| 2007 | 29.0% | +3.6% |
| 2008 | 33.0% | +13.8% |
| 2009 | 33.0% | +0.0% |
| 2010 | 35.0% | +6.1% |
| 2011 | 35.0% | +0.0% |
| 2012 | 40.0% | +14.3% |
| 2013 | 42.0% | +5.0% |
Colombia compared with similar countries
- Colombia's 42.0% is above the median for upper middle income countries, which is 41.0%, 1.0× the median. (40 countries reporting)
- Colombia's 42.0% is above the median for Latin America & Caribbean, which is 41.5%, 1.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.8% | 20.0% | 29.0% | 5 |
| 2000s | 27.6% | 22.0% | 33.0% | 10 |
| 2010s | 38.0% | 35.0% | 42.0% | 4 |
Countries ranked near Colombia
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 foreign banks among total banks in Colombia?
- Foreign banks among total banks in Colombia was 42.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Colombia?
- The highest recorded value was 42.0% in 2013.
- What is the lowest foreign banks among total banks recorded in Colombia?
- The lowest recorded value was 20.0% in 1995.
- How does Colombia rank for foreign banks among total banks?
- Colombia ranks 67th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Colombia?
- Over the last ten years it is up 75.0%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.