Use of IMF credit in Colombia
Colombia: Use of IMF credit was 5.96 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Colombia stood at 5.96 billion DOD, current US$.
The figure is down 31.1% on the previous year and up 457.5% over ten years.
Over the whole period, use of imf credit in Colombia peaked at 9.02 billion DOD, current US$ in 2021 and was at its lowest, 0 DOD, current US$, in 1972.
That places Colombia 16th out of 122 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.16 million DOD, current US$ | 0 DOD, current US$ | 56.73 million DOD, current US$ | 10 |
| 1980s | 0 DOD, current US$ | 0 DOD, current US$ | 0 DOD, current US$ | 10 |
| 1990s | 15.68 million DOD, current US$ | 0 DOD, current US$ | 156.84 million DOD, current US$ | 10 |
| 2000s | 264.44 million DOD, current US$ | 143.61 million DOD, current US$ | 1.16 billion DOD, current US$ | 10 |
| 2010s | 1.07 billion DOD, current US$ | 992.55 million DOD, current US$ | 1.14 billion DOD, current US$ | 10 |
| 2020s | 7.74 billion DOD, current US$ | 5.96 billion DOD, current US$ | 9.02 billion DOD, current US$ | 5 |
Countries ranked near Colombia
More external debt data for Colombia
- IFC, private nonguaranteed 191.58 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -353,000 NFL, current US$ (2011)
- Net financial flows, IBRD 648.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 18.9% (2024)
- Multilateral debt service 15.9% (2024)
- Multilateral debt service 2.37 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 14.87 billion TDS, current US$ (2024)
- IMF repurchases and charges 2.84 billion TDS, current US$ (2024)
- PPG, official creditors 826.80 million NFL, US$ (2024)
Frequently asked questions
- What is use of imf credit in Colombia?
- Use of imf credit in Colombia was 5.96 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Colombia?
- The highest recorded value was 9.02 billion DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Colombia?
- The lowest recorded value was 0 DOD, current US$ in 1972.
- How does Colombia rank for use of imf credit?
- Colombia ranks 16th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Colombia?
- Over the last ten years it is up 457.5%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.