Other expense in Colombia
Colombia: Other expense was 8.2% in 2023. ◆ Volatile
Other expense in Colombia, 1998–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Colombia recorded 8.2% for other expense in 2023.
The figure is down 17.9% on the previous year and down 45.0% over ten years.
Over the whole period, other expense in Colombia peaked at 21.3% in 2011 and was at its lowest, -2.2%, in 2000.
That places Colombia 57th out of 147 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Other expense in Colombia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1998 | 1.2% | — |
| 1999 | 3.9% | +238.2% |
| 2000 | -2.2% | -154.7% |
| 2003 | 12.4% | -672.7% |
| 2008 | 17.9% | +44.5% |
| 2009 | 16.3% | -8.9% |
| 2010 | 18.3% | +12.5% |
| 2011 | 21.3% | +16.4% |
| 2012 | 9.9% | -53.5% |
| 2013 | 14.9% | +50.3% |
| 2014 | 10.7% | -28.0% |
| 2015 | 5.8% | -45.6% |
| 2016 | 20.1% | +245.4% |
| 2017 | 9.6% | -52.5% |
| 2018 | 9.9% | +3.1% |
| 2019 | 13.3% | +34.4% |
| 2020 | 13.1% | -0.9% |
| 2021 | 12.3% | -6.5% |
| 2022 | 10.0% | -18.8% |
| 2023 | 8.2% | -17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.6% | 1.2% | 3.9% | 2 |
| 2000s | 11.1% | -2.2% | 17.9% | 4 |
| 2010s | 13.4% | 5.8% | 21.3% | 10 |
| 2020s | 10.9% | 8.2% | 13.1% | 4 |
Countries ranked near Colombia
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 other expense in Colombia?
- Other expense in Colombia was 8.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Colombia?
- The highest recorded value was 21.3% in 2011.
- What is the lowest other expense recorded in Colombia?
- The lowest recorded value was -2.2% in 2000.
- How does Colombia rank for other expense?
- Colombia ranks 57th out of 147 countries with data for 2023.
- Is other expense rising or falling in Colombia?
- Over the last ten years it is down 45.0%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.