Expenditure, General government, Percent of GDP (Percent GDP) in Colombia
Colombia: Expenditure, General government, Percent of GDP (Percent GDP) was 31.64 in 2030. ▲ Rising
Latest (2030)
31.64
Change on year
up 0.1%
World rank
80th
of 195 countries
All-time high
35.12
in 2023
All-time low
17.68
in 1991
Years of data
40
1991–2030
Expenditure, General government, Percent of GDP in Colombia, 1991–2030
Source: International Monetary Fund.
Analysis
Colombia recorded 31.64 for expenditure, general government, percent of gdp in 2030.
Compared with earlier readings it is up 0.1% on the previous year and down 6.1% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Colombia peaked at 35.12 in 2023 and was at its lowest, 17.68, in 1991.
That places Colombia 80th out of 195 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Expenditure, General government, Percent of GDP (Percent GDP) in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 17.68 | — |
| 1992 | 18.4 | +4.1% |
| 1993 | 19.99 | +8.7% |
| 1994 | 20.56 | +2.8% |
| 1995 | 22.19 | +7.9% |
| 1996 | 25.06 | +12.9% |
| 1997 | 26.17 | +4.4% |
| 1998 | 26.33 | +0.6% |
| 1999 | 28.25 | +7.3% |
| 2000 | 26.57 | -5.9% |
| 2001 | 27.5 | +3.5% |
| 2002 | 28.06 | +2.1% |
| 2003 | 28 | -0.2% |
| 2004 | 26.62 | -4.9% |
| 2005 | 25.89 | -2.7% |
| 2006 | 28.44 | +9.9% |
| 2007 | 28.16 | -1.0% |
| 2008 | 28.43 | +0.9% |
| 2009 | 30.91 | +8.7% |
| 2010 | 30.35 | -1.8% |
| 2011 | 30.23 | -0.4% |
| 2012 | 29.09 | -3.8% |
| 2013 | 30 | +3.1% |
| 2014 | 31.26 | +4.2% |
| 2015 | 31.28 | +0.1% |
| 2016 | 29.99 | -4.1% |
| 2017 | 29.32 | -2.2% |
| 2018 | 34.66 | +18.2% |
| 2019 | 32.88 | -5.1% |
| 2020 | 33.71 | +2.5% |
| 2021 | 34.47 | +2.3% |
| 2022 | 34.09 | -1.1% |
| 2023 | 35.12 | +3.0% |
| 2024 | 34.65 | -1.4% |
| 2025 | 34.45 | -0.6% |
| 2026 | 33.67 | -2.3% |
| 2027 | 32.59 | -3.2% |
| 2028 | 31.74 | -2.6% |
| 2029 | 31.6 | -0.4% |
| 2030 | 31.64 | +0.1% |
Colombia compared with similar countries
- Colombia's 31.64 is above the median for upper middle income countries, which is 30.17, 1.0× the median. (57 countries reporting)
- Colombia's 31.64 is above the median for Latin America & Caribbean, which is 26.79, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.74 | 17.68 | 28.25 | 9 |
| 2000s | 27.86 | 25.89 | 30.91 | 10 |
| 2010s | 30.91 | 29.09 | 34.66 | 10 |
| 2020s | 33.61 | 31.6 | 35.12 | 10 |
| 2030s | 31.64 | 31.64 | 31.64 | 1 |
Countries ranked near Colombia
- 77 Switzerland 32.27 compare
- 78 Kosovo 31.97 compare
- 79 Azerbaijan 31.66 compare
- 81 Botswana 31.63 compare
- 82 Algeria 31.53 compare
- 83 Trinidad and Tobago 31.35 compare
More public sector data for Colombia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 22.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Colombia?
- Expenditure, general government, percent of gdp in Colombia was 31.64 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Colombia?
- The highest recorded value was 35.12 in 2023.
- What is the lowest expenditure, general government, percent of gdp recorded in Colombia?
- The lowest recorded value was 17.68 in 1991.
- How does Colombia rank for expenditure, general government, percent of gdp?
- Colombia ranks 80th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Colombia?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October