Colombia—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #18 of 117Updated April 2026
Latest Value
38.5%
2023
YoY Change
-28.2%
2017 → 2023
Global Rank
#18
of 117 countries
Maximum
53.6%
2017
Minimum
30.5%
2006
CAGR
+1.4%
4 years
Last
38.5%
Previous
53.6%
Highest
53.6%
Lowest
30.5%
Source
World Bank World Development Indicators
Colombia's firms using banks to finance investment (%) was 38.5% in 2023, ranking #18 out of 117 countries. This represents a -28.2% change from 2017. Over the past 4 years, the highest recorded value was 53.6% (2017) and the lowest was 30.5% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 38.5% | -28.2% |
| 2017 | 53.6% | +53.1% |
| 2010 | 35.0% | +14.5% |
| 2006 | 30.5% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.