Colombia—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #28 of 160Updated July 2026
Latest Value
38.5%
2023
YoY Change
-28.2%
2017 → 2023
Global Rank
#28
of 160 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 #28 out of 160 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 (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Israel | 83.2% | 2024 |
| 2 | Kosovo | 65.0% | 2025 |
| 3 | Qatar | 64.4% | 2025 |
| 4 | Saudi Arabia | 57.1% | 2025 |
| 5 | Central African Republic | 56.5% | 2023 |
| 6 | Peru | 54.0% | 2023 |
| 7 | Belgium | 53.3% | 2025 |
| 8 | Uganda | 52.2% | 2025 |
| 9 | Italy | 48.8% | 2024 |
| 10 | Malawi | 47.7% | 2025 |
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.