Services, Credit/Revenue in Colombia
Colombia: Services, Credit/Revenue was 17.91 billion in 2024. ▲ Rising
Services, Credit/Revenue in Colombia, 2005–2024
Source: International Monetary Fund.
Analysis
Colombia recorded 17.91 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 110.0% over ten years.
Over the whole period, services, credit/revenue in Colombia peaked at 17.91 billion in 2024 and was at its lowest, 2.96 billion, in 2005.
That places Colombia 53rd out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.96 billion | — |
| 2006 | 3.70 billion | +25.0% |
| 2007 | 4.57 billion | +23.7% |
| 2008 | 5.47 billion | +19.5% |
| 2009 | 5.37 billion | -1.7% |
| 2010 | 6.02 billion | +12.1% |
| 2011 | 6.53 billion | +8.3% |
| 2012 | 7.55 billion | +15.7% |
| 2013 | 8.28 billion | +9.8% |
| 2014 | 8.53 billion | +2.9% |
| 2015 | 8.43 billion | -1.1% |
| 2016 | 8.71 billion | +3.2% |
| 2017 | 9.54 billion | +9.5% |
| 2018 | 10.73 billion | +12.5% |
| 2019 | 10.67 billion | -0.6% |
| 2020 | 5.91 billion | -44.6% |
| 2021 | 8.18 billion | +38.3% |
| 2022 | 14.04 billion | +71.7% |
| 2023 | 16.03 billion | +14.2% |
| 2024 | 17.91 billion | +11.7% |
Colombia compared with similar countries
- Colombia's 17.91 billion is above the median for upper middle income countries, which is 5.14 billion, 3.5× the median. (54 countries reporting)
- Colombia's 17.91 billion is above the median for Latin America & Caribbean, which is 2.65 billion, 6.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.41 billion | 2.96 billion | 5.47 billion | 5 |
| 2010s | 8.50 billion | 6.02 billion | 10.73 billion | 10 |
| 2020s | 12.42 billion | 5.91 billion | 17.91 billion | 5 |
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 services, credit/revenue in Colombia?
- Services, credit/revenue in Colombia was 17.91 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Colombia?
- The highest recorded value was 17.91 billion in 2024.
- What is the lowest services, credit/revenue recorded in Colombia?
- The lowest recorded value was 2.96 billion in 2005.
- How does Colombia rank for services, credit/revenue?
- Colombia ranks 53rd out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Colombia?
- Over the last ten years it is up 110.0%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.