Colombia: Long-term interest rate
* indicates monthly or quarterly data series
The most recent value is 9.73 percent as of January 2024, a decline compared to the previous value of 9.94 percent. Historically, the average for Colombia from January 2003 to January 2024 is 9.14 percent. The minimum of 5.09 percent was recorded in February 2013, while the maximum of 16.06 percent was reached in April 2003.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | Colombia: Long-term interest rate |
|---|---|
| 2024 Jan | 9.73 |
| 2023 Dec | 9.94 |
| 2023 Nov | 10.74 |
| 2023 Oct | 11.81 |
| 2023 Sep | 11.87 |
| 2023 Aug | 10.7 |
| 2023 Jul | 10.22 |
| 2023 Jun | 10.15 |
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Definition: The current yield on a 10 year government bond. The yield on these instruments is typical used as the representative interest rate for a country.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 13.95 | 2022 | percent |
| Government spending, in dollars | 53.23 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.92 | 2023 | percent |
| Government debt | 60.30 | 2023 | percent |
| Government expenditure | 56,418.75 | Q3/2023 | billion |
| Long-term interest rate | 11.87 | 9/2023 | percent |
| Tax revenue | 15.35 | 2022 | percent |
| Commercial tax rate | 71.20 | 2019 | percent |
| Tax preparation time | 256 | 2019 | hours |
| Number of taxes | 10 | 2019 | taxes |
| Taxes on goods and services | 27.02 | 2022 | percent |
| Taxes on international trade | 1.67 | 2022 | percent |
| Income and profits taxes | 23.40 | 2022 | percent |
| Foreign aid | 1,914.81 | 2021 | million U.S. dollars |