Financial account balance (assets less liabilities), Net (net) in Colombia
Colombia: Financial account balance (assets less liabilities), Net (net) was -5.83 billion in 2024. ▼ Falling
Financial account balance (assets less liabilities), Net (net) in Colombia, 2005–2024
Source: International Monetary Fund.
Analysis
Colombia recorded -5.83 billion for financial account balance (assets less liabilities), net (net) in 2024.
The figure is up 25.8% on the previous year and up 69.8% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Colombia peaked at -1.51 billion in 2005 and was at its lowest, -20.48 billion, in 2022.
That places Colombia 175th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Financial account balance (assets less liabilities), Net (net) in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.51 billion | — |
| 2006 | -2.86 billion | +90.0% |
| 2007 | -5.64 billion | +96.8% |
| 2008 | -6.90 billion | +22.5% |
| 2009 | -4.98 billion | -27.8% |
| 2010 | -9.34 billion | +87.5% |
| 2011 | -8.71 billion | -6.8% |
| 2012 | -11.55 billion | +32.7% |
| 2013 | -11.74 billion | +1.6% |
| 2014 | -19.29 billion | +64.3% |
| 2015 | -18.06 billion | -6.4% |
| 2016 | -12.33 billion | -31.7% |
| 2017 | -9.63 billion | -21.9% |
| 2018 | -12.95 billion | +34.6% |
| 2019 | -13.30 billion | +2.6% |
| 2020 | -8.13 billion | -38.8% |
| 2021 | -16.69 billion | +105.2% |
| 2022 | -20.48 billion | +22.8% |
| 2023 | -7.86 billion | -61.6% |
| 2024 | -5.83 billion | -25.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.38 billion | -6.90 billion | -1.51 billion | 5 |
| 2010s | -12.69 billion | -19.29 billion | -8.71 billion | 10 |
| 2020s | -11.80 billion | -20.48 billion | -5.83 billion | 5 |
Countries ranked near Colombia
- 172 Slovakia -4.41 billion compare
- 173 Kazakhstan -4.79 billion compare
- 174 Dominican Republic -5.04 billion compare
- 176 Senegal -5.90 billion compare
- 177 Poland -6.24 billion compare
- 178 Côte d'Ivoire -6.49 billion compare
More external debt data for Colombia
- IFC, private nonguaranteed 191.58 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 3.62 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 246.69 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -353,000 NFL, current US$ (2011)
- Net financial flows, IDA (NFL, current US$), per capita -0.0078 NFL, current US$ per person (2011)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2011)
- Net financial flows, IBRD 648.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 18.9% (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Colombia?
- Financial account balance (assets less liabilities), net (net) in Colombia was -5.83 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Colombia?
- The highest recorded value was -1.51 billion in 2005.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Colombia?
- The lowest recorded value was -20.48 billion in 2022.
- How does Colombia rank for financial account balance (assets less liabilities), net (net)?
- Colombia ranks 175th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Colombia?
- Over the last ten years it is up 69.8%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (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.