Excises, Ratio of this level of government's revenue from this item in Colombia
Colombia: Excises, Ratio of this level of government's revenue from this item was 0.3291 in 2020. ◆ Volatile
Excises, Ratio of this level of government's revenue from this item in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
In 2020, excises, ratio of this level of government's revenue from this item in Colombia stood at 0.3291.
Compared with earlier readings it is up 13.4% on the previous year and down 17.0% over ten years.
Over the whole period, excises, ratio of this level of government's revenue from this item in Colombia peaked at 1 in 1998 and was at its lowest, 0.2902, in 2019.
Colombia ranks 71st of 73 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Excises, Ratio of this level of government's revenue from this item in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 1 | — |
| 1999 | 1 | +0.0% |
| 2013 | 0.3967 | -60.3% |
| 2014 | 0.3973 | +0.2% |
| 2015 | 0.3996 | +0.6% |
| 2016 | 0.4206 | +5.3% |
| 2017 | 0.3506 | -16.7% |
| 2018 | 0.3134 | -10.6% |
| 2019 | 0.2902 | -7.4% |
| 2020 | 0.3291 | +13.4% |
Colombia compared with similar countries
- Colombia's 0.3291 is below the median for upper middle income countries, which is 1, 33% of the median. (27 countries reporting)
- Colombia's 0.3291 is below the median for Latin America & Caribbean, which is 1, 33% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 1 | 1 | 2 |
| 2010s | 0.3669 | 0.2902 | 0.4206 | 7 |
| 2020s | 0.3291 | 0.3291 | 0.3291 | 1 |
Countries ranked near Colombia
- 68 Russian Federation 0.6013 compare
- 69 France 0.4459 compare
- 70 United States of America 0.3518 compare
- 72 Kazakhstan 0.243 compare
- 73 Iran, Islamic Republic of 0.1298 compare
More public sector data for Colombia
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3593 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 533.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 19.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 285.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0359 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 40.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is excises, ratio of this level of government's revenue from this item in Colombia?
- Excises, ratio of this level of government's revenue from this item in Colombia was 0.3291 in 2020, according to International Monetary Fund.
- What is the highest excises, ratio of this level of government's revenue from this item recorded in Colombia?
- The highest recorded value was 1 in 1998.
- What is the lowest excises, ratio of this level of government's revenue from this item recorded in Colombia?
- The lowest recorded value was 0.2902 in 2019.
- How does Colombia rank for excises, ratio of this level of government's revenue from this item?
- Colombia ranks 71st out of 73 countries with data for 2020.
- Is excises, ratio of this level of government's revenue from this item rising or falling in Colombia?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Excises, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.