Industry Sector Contribution to GDP in Colombia (1990-2022)

Industry Sector Contribution to GDP in Colombia (1990-2022)

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Key Takeaways

In Colombia, the industrial sector's share of GDP showed varied patterns, starting at in 1990. A dip to by 1998 reflected economic restructuring and a stronger focus on oil and mining sectors, which boosted services over traditional manufacturing. Industrial contribution rebounded through the early 2000s, reaching a peak of by 2012, driven by growth in construction and extractive industries. However, from 2015 onwards, the sector faced declines, hitting in 2020 amid global oil price drops and the COVID-19 pandemic, which impacted both demand and production capacities. Recovery efforts in 2021 and 2022 lifted the sector to , supported by increased manufacturing output and infrastructure development, signaling Colombia’s renewed focus on industrial diversification within its broader economic framework.

For a broader context, visit other statistics on Colombia’s annual GDP growth rate, Colombia’s manufacturing share in GDP, Colombia’s population numbers.

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