Colombia: Savings, percent of GDP

* indicates monthly or quarterly data series
 Colombia

Savings as percent of GDP

 Latest value 13.81
 Year 2022
 Measure percent
 Data availability 1968 - 2022
 Average 17.36
 Min - Max 12.83 - 22.94
 Source The World Bank
For that indicator, we provide data for Colombia from 1968 to 2022. The average value for Colombia during that period was 17.36 percent with a minimum of 12.83 percent in 2001 and a maximum of 22.94 percent in 1991. The latest value from 2022 is 13.81 percent. For comparison, the world average in 2022 based on 123 countries is 24.61 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Colombia - Savings, percent of GDP - Recent values chart

Historical chart
Colombia - Savings, percent of GDP - historical chart - 1968-2022




The savings in Colombia and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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 Related indicators Latest value Reference Measure
 Share of industry 26.88 2022 percent
 Share of manufacturing 11.52 2022 percent
 Share of services 54.62 2022 percent
 Industry value added 92.35 2022 billion U.S. dollars
 Manufacturing value added 39.58 2022 billion U.S. dollars
 Services value added 187.70 2022 billion U.S. dollars
 Savings, percent of GDP 13.81 2022 percent
 Savings, in dollars 47.47 2022 billion U.S. dollars
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