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CO

Colombia

Latin America · Bogotá · COP (Colombian Peso)

GDP
$457.41B
nominal, USD
GDP growth
2.6%
real, annual
Inflation
4.8%
annual
Market cap
$236.00B
total listed, USD

Economy & industry overview

Colombia is the fourth-largest economy in Latin America, with a nominal GDP of approximately $457 billion in 2025. The economy is driven by services, hydrocarbons (primarily oil and coal), agriculture (coffee, flowers, bananas), manufacturing, and a growing financial sector. Petroleum and coal together account for roughly half of merchandise export revenues, making the country sensitive to global commodity prices. Colombia is a member of the Pacific Alliance and has signed multiple free-trade agreements, giving its exporters broad market access. The country has a large and growing consumer class but faces structural challenges including income inequality, informality, and infrastructure gaps.

Key sectors

Oil & GasCoal MiningFinancial ServicesFood & BeveragesElectric UtilitiesCement & ConstructionTelecommunicationsAgricultureRetailTransportation
📘 Learn everything about Colombia →

Macro

GDP nominal, USD$457.41B
GDP growth real, annual2.6%
Inflation annual4.8%
Population people52.9M
GDP per capita USD$8,623
Market cap total listed, USD$236.00B
Market cap / GDP51.6%
Unemployment8.9%
Listed companies89
ExchangeBolsa de Valores de Colombia (Colombia Securities Exchange) (BVC)

Data year: 2025. Sources: IMF World Economic Outlook (April 2026), World Bank National Accounts, Banco de la República de Colombia – Report to Congress July 2025, Bolsa de Valores de Colombia (BVC) – official statistics, DANE (Departamento Administrativo Nacional de Estadístico), FocusEconomics Colombia Profile, BBVA Research Colombia Labour Market 2025, Wikipedia – Colombia Stock Exchange, Wikipedia – Economy of Colombia, Trading Economics – Colombia, CEOWORLD Magazine – Colombia largest companies by market cap (Feb 2025).

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation.

# Company Sector Market capUSD US listing

US-traded ETFs

Funds listed in the US that give exposure to this market — the simplest route for many US investors.

Ticker ETF Issuer Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeBolsa de Valores de Colombia (Colombia Securities Exchange)
CodeBVC
Websitewww.bvc.com.co
CurrencyCOP

Local broker access

Direct retail access to the BVC (Bolsa de Valores de Colombia) requires an account with a locally licensed brokerage (comisionista de bolsa) regulated by the Superintendencia Financiera de Colombia. Some international brokers provide access to Colombian ADRs (such as Bancolombia CIB and Ecopetrol EC) traded on the NYSE. US-listed ETFs such as GXG (Global X MSCI Colombia ETF) offer indirect exposure. Settlement on the BVC is T+2. Foreign investors may repatriate capital and dividends subject to standard FX registration requirements with the Banco de la República.

Global brokers with foreign-market access

Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants Temporary investor residency visa (renewable); path to permanent residency and eventual citizenship

Colombia offers a residency-by-investment programme administered by Migración Colombia. Foreign nationals who make a qualifying investment in Colombian real estate, business, or financial instruments of at least approximately 650 times the current monthly minimum wage (roughly USD 175,000–200,000 at current rates) may apply for a Migrant (M) visa category under investment. Sustained investment can lead to permanent residency after holding the visa for five consecutive years, and permanent residents may subsequently apply for Colombian nationality after five years of permanent residency.

Minimum investment: $175.00K

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Colombia is a popular destination for foreign residents and digital nomads. The country does not levy worldwide income tax on non-resident foreigners in their first year of residency; after becoming tax-resident (183+ days in a 365-day period), individuals are taxed on worldwide income. Cost of living is generally low relative to North America and Europe. Medellín and Bogotá are major hubs for international entrepreneurs and remote workers. Spanish is the official language. Safety conditions vary significantly by region.

US-listed ADRs & cross-listings

Companies from this country whose shares also trade in the US — investable in a normal US brokerage account.

CompanyUS tickerLocal tickerNote
Bancolombia S.A.CIBBCOLOMBIAListed on the NYSE; each CIB ADR represents 4 preferred shares on the BVC. Bancolombia was the first Colombian company to list on the NYSE (1995) and remains the most prominent Colombian financial ADR.
Canacol Energy Ltd.CNNEFCNECTrades OTC in the US under the ticker CNNEF. Canacol is a Canadian-incorporated, Colombia-focused natural gas E&P company listed on both the TSX and the BVC.
Ecopetrol S.A.ECECOPETROLListed on the NYSE as an ADR (American Depositary Receipt). Each EC ADR represents 20 ordinary BVC-listed shares. Ecopetrol is the most liquid Colombian ADR and one of the most actively traded Latin American energy ADRs in the US.
Grupo Aval Acciones y Valores S.A.AVALPFAVALListed on the NYSE. Grupo Aval is Colombia's largest financial conglomerate by assets, controlling Banco de Bogotá, Banco de Occidente, Banco AV Villas, and Banco Popular, as well as Porvenir pension fund.
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