Colombia: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 58517.62 billion Colombian Peso as of Q1 2026, a decline compared to the previous value of 101391.17 billion Colombian Peso. Historically, the average for Colombia from Q1 2005 to Q1 2026 is 33565.54 billion Colombian Peso. The minimum of 10390.65 billion Colombian Peso was recorded in Q1 2005, while the maximum of 101391.17 billion Colombian Peso was reached in Q4 2025.
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* indicates monthly or quarterly data series
- Measure: billion Colombian Peso
- Source: OECD
| Recent values | Colombia: Government expenditure, billion currency units |
|---|---|
| 2026 Q1 | 58517.62 |
| 2025 Q4 | 101391.17 |
| 2025 Q3 | 70762.21 |
| 2025 Q2 | 67365.73 |
| 2025 Q1 | 51188.53 |
| 2024 Q4 | 87772.31 |
| 2024 Q3 | 57794.58 |
| 2024 Q2 | 61981.47 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 14.89 | 2024 | percent |
| Government spending, in dollars | 70.85 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -6.25 | 2024 | percent |
| Primary budget balance | -2.30 | 2024 | percent |
| Government expenditure | 58,517.62 | Q1/2026 | billion |
| Long-term interest rate | 12.36 | 6/2026 | percent |
| Tax revenue | 15.22 | 2024 | percent |
| Commercial tax rate | 71.20 | 2019 | percent |
| Tax preparation time | 256 | 2019 | hours |
| Taxes on goods and services | 24.34 | 2024 | percent |
| Taxes on international trade | 1.41 | 2024 | percent |
| Income and profits taxes | 24.15 | 2024 | percent |
| Foreign aid | 1,031.31 | 2023 | million U.S. dollars |
| Government debt | 61.24 | 2024 | percent |
| Government debt in foreign currency, percent | 33.80 | 2024 | percent |
| Government debt held by non-residents | 46.02 | 2024 | percent |
| Sovereign debt average maturity | 11.08 | 2024 | percent |
| Short-term government debt | 1.63 | 2024 | percent |