SUT Use, Value added and its components by activity — Compensation of in Colombia

Colombia: SUT Use, Value added and its components by activity — Compensation of was 963.31 million National currency in 2023. ▲ Rising

Latest (2023)
963.31 million National currency
Change on year
up 113.5%
World rank
1st
of 37 countries
All-time high
963.31 million National currency
in 2023
All-time low
251.07 million National currency
in 2014
Years of data
10
2014–2023

SUT Use, Value added and its components by activity — Compensation of in Colombia, 2014–2023

200.0M400.0M600.0M800.0M1.0B2014201820232014: 251.1M National currency2015: 274.3M National currency2016: 291.6M National currency2017: 312.4M National currency2018: 336.1M National currency2019: 365.1M National currency2020: 372.5M National currency2021: 405.9M National currency2022: 451.2M National currency2023: 963.3M National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

Colombia recorded 963.31 million National currency for sut use, value added and its components by activity — compensation of in 2023. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 113.5% on the previous year and up 283.7% over ten years.

Over the whole period, sut use, value added and its components by activity — compensation of in Colombia peaked at 963.31 million National currency in 2023 and was at its lowest, 251.07 million National currency, in 2014.

Colombia ranks 1st of 37 countries on this measure, in the top 10%.

SUT Use, Value added and its components by activity — Compensation of in Colombia, year by year

Annual values for SUT Use, Value added and its components by activity — Compensation of employees in Colombia, 2014 to 2023.
Year National currency Change
2014 251.07 million National currency —
2015 274.31 million National currency +9.3%
2016 291.56 million National currency +6.3%
2017 312.42 million National currency +7.2%
2018 336.12 million National currency +7.6%
2019 365.06 million National currency +8.6%
2020 372.49 million National currency +2.0%
2021 405.89 million National currency +9.0%
2022 451.21 million National currency +11.2%
2023 963.31 million National currency +113.5%

Colombia compared with similar countries

  • Colombia's 963.31 million National currency is above the median for Latin America & Caribbean, which is 17.80 million National currency, 54.1× the median. (5 countries reporting)
  • Colombia's 963.31 million National currency is above the median for upper middle income countries, which is 1.78 million National currency, 541.1× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 305.09 million National currency 251.07 million National currency 365.06 million National currency 6
2020s 548.22 million National currency 372.49 million National currency 963.31 million National currency 4

Countries ranked near Colombia

  1. 1 Poland 1.17 million National currency compare
  2. 1 Cabo Verde 89,080 National currency compare
  3. 2 Netherlands 489,436 National currency compare
  4. 2 Japan 295.34 million National currency compare
  5. 3 Slovenia 32,696 National currency compare
  6. 3 Croatia 30,410 National currency compare
  7. 3 Chile 114.60 million National currency compare
  8. 4 Lithuania 31,411 National currency compare
  9. 4 India 72.56 million National currency compare

See the full ranking of 46 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is sut use, value added and its components by activity — compensation of in Colombia?
Sut use, value added and its components by activity — compensation of in Colombia was 963.31 million National currency in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest sut use, value added and its components by activity — compensation of recorded in Colombia?
The highest recorded value was 963.31 million National currency in 2023.
What is the lowest sut use, value added and its components by activity — compensation of recorded in Colombia?
The lowest recorded value was 251.07 million National currency in 2014.
How does Colombia rank for sut use, value added and its components by activity — compensation of?
Colombia ranks 1st out of 37 countries with data for 2023.
Is sut use, value added and its components by activity — compensation of rising or falling in Colombia?
Over the last ten years it is up 283.7%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of SUT Use, Value added and its components by activity — Compensation of employees. Statizoid updates them automatically from the source API.

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SUT Use, Value added and its components by activity — Compensation of in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/sut-use-value-added-and-its-components-by-activity-compensation-of-employees/colombia/

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About this data

Indicator
SUT Use, Value added and its components by activity — Compensation of employees
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 638 data points, 1993–2024
Last refreshed

The dataset contains the value added block of the Use table and complements the dataset “SUT Use at purchasers' prices”. It describes output, intermediate consumption (use of a product as input into a production process) and value added disaggregated to show the elements of the generation of income account: compensation of employees (wages and salaries paid to employees and their employers’ social contributions),other taxes less subsidies on production, gross operating surplus (business profits), and gross mixed income (profits of the self-employed), broken down by activity at the 2-digit level of the International Standard Industrial Classification of All Economic Activities (ISIC) Rev 4 (containing 89 industries). The dataset has been prepared from statistics reported to the OECD by countries in their answers to the annual Supply and Use questionnaire. Information about data availability is available in SUT updates The dataset corresponds to SNA_TABLE41 dataset in the previous dissemination system. A mapping between the new codes and previous codes is available in SUT_USEVA_Codes_mapping Historical data for Korea from 2015 to 2019 is available here Historical data forNorway from 2010 to 2021 is available here Japanese data from 2011 to 2021 according to 2015 benchmark year is available here The file SUT_Tips contains further suggestions on how to navigate and use the various Supply and Use tables (SUTs) in the new dissemination system. Explore the OECD SUT webpage SUT webpage