Colombia: Final consumption expenditure (current US$)

Key figures

What the numbers say

In 2025, Colombia's final consumption expenditure (current US$) rose 10% on 2024 (from US$368.72 billion to US$405.64 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +6.5% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 26.7% in 2007 and the biggest yearly fall was 20.1% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$16.01 billion a year. A straight line explains 77% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Colombia had the 27th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Colombia in the 2025 ranking

• Philippines — 23rd of 132: US$445.94 billion
• Thailand — 24th of 132: US$433.41 billion
• Austria — 25th of 132: US$427.39 billion
• Pakistan — 27th of 132: US$378.55 billion
• South Africa — 28th of 132: US$361.93 billion
• Egypt, Arab Rep. — 29th of 132: US$360.88 billion

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Final consumption expenditure (current US$) in nearby economies

• Argentina — US$580.02 billion (2025)
• Aruba — US$2.79 billion (2024)
• Bahamas, The — US$12.22 billion (2024)
• Belize — US$2.57 billion (2024)
• Bolivia — US$47.29 billion (2024)
• Brazil — US$1.88 trillion (2025)
• Chile — US$256.59 billion (2025)
• Costa Rica — US$80.27 billion (2025)
• Cuba — US$96.05 billion (2020)
• Curaçao — US$2.67 billion (2018)

More economic policy & debt data for Colombia

• Total reserves, including gold (current US$) — US$65.81 billion (2025)
• Total reserves, excluding gold (current US$) — US$65.15 billion (2025)
• General government final consumption expenditure (current US$) — US$70.85 billion (2025)
• General government final consumption expenditure (current LCU) — 287.16 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$62.45 billion (2025)
• General government final consumption expenditure (constant LCU) — 171.23 trillion (2025)
• General government final consumption expenditure (% of GDP) — 15.49% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$334.79 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Colombia's final consumption expenditure (current US$)?

US$405.64 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 12,570% from US$3.2 billion in 1960 (7.73% a year on average, compounded). The highest value was US$405.64 billion in 2025 and the lowest US$3.2 billion in 1960.

How does Colombia rank?

27th highest of 132 economies with data for 2025.

Is the latest change in final consumption expenditure (current US$) unusual for Colombia?

In 2025, Colombia's final consumption expenditure (current US$) rose 10% on 2024 (from US$368.72 billion to US$405.64 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.5% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.CON.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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