page_title: Economy of Colombia
section_title: Graphics
hierarchical_section_title: Economy of Colombia / Overview / Graphics
caption_attribution_description: English: Colombia: Selected Macroeconomic Indicators. RGDP growth, Inflation, Unemployment rate, Poverty rate. 2002-2011.
context_page_description: The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product. Colombia has experienced a historic economic boom over the last decade. In 1990, Colombia was Latin America's 5th largest economy and had a GDP per capita of only US$1,500, by 2018 it became the 4th largest in Latin America, and the world's 37th largest. As of 2018 the GDP per capita has increased to over US$14,000, and GDP increased from US$120 billion in 1990 to nearly US$750 billion. Poverty levels were as high as 65% in 1990, but decreased to under 30% by 2014.
  Petroleum is Colombia's main export, making over 45% of Colombia's exports. Manufacturing makes up nearly 12% of Colombia's exports, and grows at a rate of over 10% a year. Colombia has the fastest growing information technology industry in the world and has the longest fibre optic network in Latin America. Colombia also has one of the largest shipbuilding industries in the world outside Asia.
  Modern industries like shipbuilding, electronics, automobile, tourism, construction, and mining, grew dramatically during the 2000s and 2010s, however, most of Colombia's exports are still commodity-based.
caption: Colombia – macroeconomic indicators 2002–2011
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