Amidst the outbreak of the COVID-19 pandemic in Colombia, the automotive manufacturing industry was severely impacted. In the second quarter of 2020, the sector's contribution to the Colombian gross domestic product (GDP) amounted to 0.12 percent. The following quarters saw an improvement in the industry's performance, although the industry's share of the country's GDP still remained lower than before the pandemic. By the fourth quarter of 2023, this share was around 0.17 percent.
Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023
based on GDP at constant prices based on 2015 values.
Supplementary notes
* Starting from the indicated quarter, figures are provisional/preliminary, and therefore subject to revision.
Includes manufacturing of motor vehicles, (semi-)trailers, and other transport equipment.
Figures were calculated by Statista based on the GDP values at constant prices provided by the source.
Numbers have been rounded.
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Statista. (February 14, 2024). Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/
Statista. "Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023." Chart. February 14, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/
Statista. (2024). Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/
Statista. "Automotive Manufacturing Industry as Share of Gross Domestic Product in Colombia from The 1st Quarter of 2017 to The 4th Quarter of 2023." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/
Statista, Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023 Statista, https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/ (last visited November 21, 2024)
Automotive manufacturing industry as share of gross domestic product in Colombia from the 1st quarter of 2017 to the 4th quarter of 2023 [Graph], Statista, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1055302/colombia-automotive-industry-share-gdp/
