Colombia: Government spending, in dollars

Colombia: Government spending, billion USD, 1960 - 2020:

For that indicator, we provide data for Colombia from 1960 to 2020. The average value for Colombia during that period was 15.22 billion U.S. dollars with a minimum of 0.26 billion U.S. dollars in 1960 and a maximum of 54.28 billion U.S. dollars in 2014. The latest value from 2020 is 48.09 billion U.S. dollars. For comparison, the world average in 2020 based on 150 countries is 97.08 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.