top of page
Average Disposable Income
“The total amount of money that the individuals in a community, country, etc, have available to buy consumer goods” (thefreedictionary.com, 2014).
The Gross Domestic Product per capita in Colombia was last recorded at 7447.88 US dollars in 2015. The GDP per Capita in Colombia is equivalent to 59 percent of the world's average. GDP per capita in Colombia averaged 4214.36 USD from 1960 until 2015, reaching an all time high of 7447.88 USD in 2015 and a record low of 2213.22 USD in 1960.
The graph shows how in the last years the availability of spending has increased in Colombia, this gives great benefits to the different markets of the country, because it means that people is constantly spending in goods and servicies.
Sources:
bottom of page