Colombia: Government expenditure

* indicates monthly or quarterly data series
 Colombia

Government expenditure, billion currency units

 Latest value 75009.04
 Reference Q4 2023
 Measure billion Colombian Peso
 Data availability Q1 2000 - Q4 2023
 Average 25556.59
 Min - Max 8421 - 75009.04
 Source Bank of the Republic Colombia
For that indicator, we provide data for Colombia from Q1 2000 to Q4 2023. The average value for Colombia during that period was 25556.59 billion Colombian Peso with a minimum of 8421 billion Colombian Peso in Q1 2000 and a maximum of 75009.04 billion Colombian Peso in Q4 2023. Click on the following link to see the values of Government expenditure, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Colombia - Government expenditure - recent values

Historical chart
Colombia - Government expenditure - historical chart - 2000-2023
Measure: billion Colombian Peso
Source: Bank of the Republic Colombia


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Definition: Total spending by all levels of government but excluding public enterprises.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.95 2022 percent
 Government spending, in dollars 47.94 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -6.51 2022 percent
 Government debt 64.95 2022 percent
 Government expenditure 56,517.75 Q3/2023 billion
 Long-term government bond yield 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
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