Total factoring volume to GDP in Colombia
Colombia: Total factoring volume to GDP was 2.5% in 2020. ▲ Rising
Total factoring volume to GDP in Colombia, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
The most recent figure for total factoring volume to gdp in Colombia is 2.5%, measured in 2020.
That represents a change of down 6.2% on the previous year and up 94.5% over ten years.
Over the whole period, total factoring volume to gdp in Colombia peaked at 3.8% in 2015 and was at its lowest, 1.3%, in 2008.
That places Colombia 36th out of 72 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.3% | 1.4% | 3 |
| 2010s | 2.5% | 1.3% | 3.8% | 10 |
| 2020s | 2.5% | 2.5% | 2.5% | 1 |
Countries ranked near Colombia
More financial sector data for Colombia
- Net domestic credit (current LCU), per capita 18.17 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,123 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.36 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 5.26 million SDR (2025)
- Gold reserves at market value 479.38 million SDR (2025)
- Reserves excluding gold, foreign exchange 44.54 billion SDR (2025)
- Reserves excluding gold 47.57 billion SDR (2025)
- Total reserves (gold at market value) 48.05 billion SDR (2025)
- Total reserves (gold at national valuation) 48.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 899.28 SDR per person (2025)
Frequently asked questions
- What is total factoring volume to gdp in Colombia?
- Total factoring volume to gdp in Colombia was 2.5% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Colombia?
- The highest recorded value was 3.8% in 2015.
- What is the lowest total factoring volume to gdp recorded in Colombia?
- The lowest recorded value was 1.3% in 2008.
- How does Colombia rank for total factoring volume to gdp?
- Colombia ranks 36th out of 72 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Colombia?
- Over the last ten years it is up 94.5%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.