Colombia's Data Quality Rating

DATA QUALITY RATINGS (2023)

Data rankings are produced from scores in five areas: Base year recency; SNA version; Informal economy size; research resources available; and likelihood of Government interference. Scores are based on a 0-100 scale.

Official GDP data for Colombia has been awarded the quality rating of B - Good. Colombia's GDP data quality ranks 51th on a global scale and 7th for Americas, while population and demographic data are positioned 38th and 7th respectively.

Colombia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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Country World Economics
Data Quality
Index		 World Economics
Data Grade
(A-E)		 Base
Year
Chained/Year		 SNA Framework
Version		 Informal
Economy
% of GDP		 Statistical Resources
Index		 Corruption Levels
Index
Switzerland 98.7 A Chained 2008 7.5 100.0 82
New Zealand 98.5 A Chained 2008 10.0 100.0 87
Finland 97.9 A Chained 2008 14.6 100.0 87
Denmark 97.8 A Chained 2008 15.2 100.0 90
Netherlands 97.6 A Chained 2008 10.0 100.0 80
Norway 97.5 A Chained 2008 15.7 100.0 84
Sweden 97.5 A Chained 2008 13.7 100.0 83
Luxembourg 97.5 A Chained 2008 9.9 100.0 77
Germany 97.3 A Chained 2008 11.2 100.0 79
Austria 97.1 A Chained 2008 8.7 100.0 71
Ireland 97.1 A Chained 2008 12.3 100.0 77
Canada 97.1 A Chained 2008 11.2 100.0 74
Australia 97.0 A Chained 2008 9.9 100.0 75
United Kingdom 96.7 A Chained 2008 10.3 100.0 73
Japan 96.4 A Chained 2008 9.6 100.0 73
Iceland 96.2 A Chained 2008 13.9 100.0 74
United States 96.1 A Chained 2008 7.3 100.0 69
France 95.6 A Chained 2008 13.1 100.0 72
Belgium 94.2 A Chained 2008 19.2 100.0 73
Czech Republic 94.0 A Chained 2008 14.5 100.0 56
Portugal 93.5 A Chained 2008 20.3 100.0 62
Singapore 93.3 A Chained 2008 10.4 100.0 83
Spain 91.9 A Chained 2008 21.3 100.0 60
Korea, Rep. 91.3 A Chained 2008 22.7 100.0 63
Israel 91.0 A Chained 2008 20.8 100.0 63
Slovenia 90.9 A Chained 2008 23.8 100.0 56
Hong Kong 90.2 A Chained 2008 13.6 100.0 76
Chile 89.8 A Chained 2008 19.3 86.7 67
Italy 89.7 A Chained 2008 23.7 100.0 56
Cyprus 89.1 A Chained 2008 27.1 100.0 52
Costa Rica 88.7 A Chained 2008 26.6 91.1 54
Malta 88.5 B Chained 2008 27.7 100.0 51
Mauritius 88.3 B Chained 2008 20.4 85.6 50
Greece 88.1 B Chained 2008 26.9 100.0 52
United Arab Emirates 86.6 B Chained 2008 20.4 100.0 67
Romania 86.4 B Chained 2008 23.8 84.4 46
Poland 86.1 B Chained 2008 22.4 78.9 55
Croatia 85.6 B Chained 2008 29.5 86.7 50
Bulgaria 84.0 B Chained 2008 27.7 85.6 43
Estonia 83.5 B Chained 2008 22.5 40.0 74
Latvia 83.0 B Chained 2008 24.9 53.3 59
Lithuania 82.9 B Chained 2008 21.6 43.3 62
Slovak Republic 82.7 B Chained 2008 14.8 40.0 53
Armenia 81.9 B Chained 2008 39.1 94.4 46
Mongolia 81.6 B 2015 2008 15.1 92.2 33
Moldova 81.0 B Chained 2008 40.6 91.1 39
Oman 80.8 B 2018 2008 19.8 100.0 44
Uruguay 80.8 B 2016 2008 31.7 80.0 74
Brazil 80.7 B Chained 2008 33.2 81.1 38
North Macedonia 79.8 B Chained 2008 33.4 72.2 40
Colombia 79.7 B Chained 2008 33.3 82.2 39
Dominican Republic 79.5 B Chained 2008 33.9 72.2 32
Georgia 79.1 B Chained 2008 46.2 87.8 56
Turkey 78.2 B Chained 2008 31.2 81.1 36
South Africa 77.5 B 2015 2008 28.8 81.1 43
Jordan 77.1 B 2016 2008 16.9 77.8 47
Hungary 77.0 B Chained 2008 23.3 40.0 42
Malaysia 75.4 B 2015 2008 25.3 76.7 47
Algeria 75.3 B Chained 2008 17.4 50.0 33
Qatar 75.3 B 2018 1993 16.5 100.0 58
Serbia 75.2 B 2015 2008 31.3 88.9 36
Bahamas, The 75.1 B 2012 2008 30.2 100.0 64
Taiwan 75.1 C Chained 2008 22.5 68
Ukraine 74.8 C Chained 2008 44.2 72.2 33
Malawi 74.7 C 2017 2008 30.6 70.0 34
Philippines 74.6 C 2018 2008 34.1 82.2 33
Morocco 74.4 C Chained 2008 36.6 66.7 38
China 74.4 C 2015 2008 12.7 80.0 45
Belarus 74.3 C Chained 2008 37.7 83.3 39
Namibia 74.2 C 2015 2008 24.7 51.1 49
Russia 74.0 C Chained 2008 38.0 82.2 28
Cabo Verde 73.7 C Chained 1993 31.7 65.6 60
Botswana 73.4 C 2016 2008 26.7 50.0 60
Bahrain 73.3 C 2010 2008 17.2 100.0 44
Rwanda 73.0 C 2017 2008 31.3 73.3 51
Albania 73.0 C Chained 1993 31.9 87.8 36
Sri Lanka 73.0 C 2015 2008 31.1 80.0 36
Indonesia 72.4 C 2010 2008 22.7 85.6 34
Saudi Arabia 71.9 C 2010 2008 22.8 100.0 51
Burkina Faso 71.8 C 2015 2008 33.3 67.8 42
Guatemala 71.6 C Chained 2008 48.6 73.3 24
Suriname 71.6 C 2015 2008 33.0 57.8 40
Ghana 71.6 C 2013 2008 35.6 71.1 43
Mexico 71.1 C 2013 2008 29.2 80.0 31
Togo 71.0 C 2016 2008 29.5 67.8 30
Benin 70.9 C Chained 2008 48.8 62.2 43
Turkmenistan 70.5 C Chained 2008 34.5 72.2 19
Niger 70.3 C 2015 2008 36.5 68.9 32
Lebanon 70.2 C Chained 2008 31.4 44.4 24
Senegal 69.8 C 2014 2008 37.7 66.7 43
Comoros 69.8 C Chained 2008 36.6 46.7 19
Kenya 69.7 C 2016 2008 32.6 57.8 32
Kyrgyzstan 69.6 C Chained 1993 30.8 90.0 27
El Salvador 69.6 D 2014 2008 40.9 82.2 33
Cote d'Ivoire 69.5 D 2015 2008 40.4 71.1 37
Uganda 69.1 D 2016 2008 34.4 71.1 26
Lesotho 69.1 D 2012 2008 30.9 67.8 37
Tunisia 68.9 D Chained 1993 30.4 58.9 40
Pakistan 68.7 D 2016 2008 35.6 72.2 27
Trinidad and Tobago 67.9 D 2012 2008 31.6 47.8 42
Kazakhstan 67.8 D Chained 1993 31.9 78.9 36
Mauritania 67.3 D 2014 2008 31.3 61.1 30
Bosnia and Herzegovina 67.1 D Chained 1993 33.0 60.0 34
India 66.7 D 2011 2008 43.1 76.7 40
Argentina 66.5 D 2004 2008 27.3 78.9 38
Gambia 66.5 D 2013 2008 44.3 70.0 34
Tanzania 66.1 D 2017 2008 46.7 63.3 38
Uzbekistan 65.9 D Chained 1993 27.2 67.8 31
Paraguay 65.7 D 2014 2008 46.5 65.6 28
Thailand 65.6 D Chained 1993 46.2 83.3 36
Mozambique 65.5 D 2014 2008 34.3 62.2 26
Kuwait 65.3 D 2010 1993 20.1 100.0 42
Azerbaijan 64.9 D Chained 1993 36.8 80.0 23
Cameroon 64.7 D 2016 2008 29.9 46.7 26
Panama 64.3 D Chained 1993 51.6 61.1 36
Peru 63.8 D 2007 2008 42.2 80.0 36
Ecuador 63.2 D 2007 2008 37.2 65.6 36
Nicaragua 62.6 D Chained 2008 52.5 46.7 19
Tajikistan 62.6 D Chained 1993 37.1 72.2 24
Myanmar 61.6 D 2016 2008 49.0 74.4 23
Eswatini 61.4 D 2011 2008 40.9 71.1 30
Zambia 61.1 D 2010 2008 38.7 53.3 33
Egypt 61.0 D 2016 1993 34.8 82.2 30
Sierra Leone 60.5 D 2006 2008 37.3 60.0 34
Bangladesh 59.1 E 2016 1993 30.2 60.0 25
Guyana 58.5 E 2012 1993 29.1 45.6 40
Vietnam 58.1 E 2010 1993 20.5 74.4 42
Liberia 58.1 E 2016 1993 42.6 57.8 26
Papua New Guinea 56.7 E 2013 1993 34.6 52.2 30
Ethiopia 56.4 E 2015 1993 33.5 47.8 38
Jamaica 55.7 E 2007 1993 33.0 54.4 44
Laos 55.3 E 2012 1993 27.2 62.2 31
Haiti 55.1 E 2011 2008 55.1 53.3 17
Guinea-Bissau 55.1 E 2015 1993 35.5 48.9 21
Nigeria 54.5 E 2010 2008 57.7 53.3 24
Bhutan 54.3 E 2000 1993 22.8 60.0 68
Zimbabwe 53.8 E 2012 2008 64.1 58.9 23
Madagascar 50.6 E 2007 1993 36.2 54.4 26
Guinea 49.7 E 2010 1993 38.8 51.1 25
Nepal 49.0 E 2000 1993 33.2 72.2 34
Brunei Darussalam 48.1 E 2010 2008 30.1
Libya 45.6 E 2013 1993 35.3 25.6 17
Burundi 45.2 E 2005 1993 36.3 57.8 17
Chad 44.8 E 2005 1993 34.7 54.4 19
Mali 42.4 E 1999 1993 33.2 60.0 28
Yemen, Rep. 41.6 E 2007 1993 27.3 27.8 16
Angola 41.6 E 2002 1993 39.6 45.6 33
Congo, Rep. 41.2 E 2005 1993 40.1 38.9 21
Cambodia 40.0 E 2000 1993 40.9 60.0 24
Central African Republic 39.3 E 2005 1993 44.0 36.7 24
Honduras 39.2 E 2000 1993 45.9 56.7 23
Congo, Dem. Rep 38.0 E 2005 1993 48.3 40.0 20
Gabon 35.5 E 2001 1993 51.6 40.0 29
Bolivia 31.1 E 1990 1993 54.8 66.7 31
Afghanistan 31.0 E 2002 1993 72.0 57.8 24
Sudan 29.3 E 1996 1968 35.5 54.4 22


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Key:
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excelent.

Resources Index numbers shown on a scale of 0-100.
         0 = Low level of resrouces, 100 = High level of resources.

Corruption Index numbers shown on a scale of 0-100.
         0 = High corruption, 100 = Low corruption.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality







COLOMBIA'S ECONOMICS
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