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Colombia · Government spending

Colombia Government spending

The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31

Latest · 202333.28%
Previous · 202232.39%
Highest · 202036.55%
Lowest · 200016.93%

Colombia's government spending stands at 33.28% as of 2023-12-31, up from 32.39% in 2022. Historical data runs from 1998 to 2023 (20 observations).

Recent trend

In 2023, Colombia's government spending was 33.28%, up from 32.39% in 2022.

In 2022, Colombia's government spending was 32.39%, down from 35.66% in 2021.

In 2021, Colombia's government spending was 35.66%, down from 36.55% in 2020.

In 2020, Colombia's government spending was 36.55%, up from 31.3% in 2019.

In 2019, Colombia's government spending was 31.3%, up from 29.97% in 2018.

Colombia Government spending — historical data

YearValueChange
202333.28%+0.8895%
202232.39%-3.27%
202135.66%-0.8908%
202036.55%+5.25%
201931.3%+1.33%
201829.97%+2.47%
201727.5%-1.13%
201628.63%+1.82%
201526.82%-3.35%
201430.16%-3.12%
201333.29%+8.25%
201225.03%+0.8082%
201124.22%-1.18%
201025.4%+0.6743%
200924.73%+0.1617%
200824.57%-3.05%
200327.62%+10.69%
200016.93%-5.19%
199922.12%+2.8%
199819.32%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Colombia data

Frequently asked questions

What is Colombia's government spending?

Colombia's government spending is 33.28% as of 2023-12-31, compared with 32.39% in 2022. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest government spending in Colombia?

The highest recorded value is 36.55% (2020); the lowest is 16.93% (2000), across data from 1998 to 2023.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.