What does GDP mean in Colombia?

Colombia GDP The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Actual Previous Highest Lowest Dates Unit Frequency 343.94 318.51 382.09

How much did Colombia GDP increase in 2022?

For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Colombia gdp for 2022 was $343.94B, a 7.98% increase from 2021. Colombia gdp for 2021 was $318.51B, a 17.9% increase from 2020.

What is GDP at purchaser's prices?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.