Other expense, Ratio of this level of government's expenditure on in Colombia
Colombia: Other expense, Ratio of this level of government's expenditure on was 0.5847 in 2020. ▼ Falling
Other expense, Ratio of this level of government's expenditure on in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
In 2020, other expense, ratio of this level of government's expenditure on in Colombia stood at 0.5847.
Compared with earlier readings it is up 10.6% on the previous year and down 22.4% over ten years.
Over the whole period, other expense, ratio of this level of government's expenditure on in Colombia peaked at 1 in 1998 and was at its lowest, 0.3231, in 2015.
That places Colombia 44th out of 64 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Other expense, Ratio of this level of government's expenditure on in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 1 | — |
| 1999 | 1 | +0.0% |
| 2000 | 0.7557 | -24.4% |
| 2013 | 0.7534 | -0.3% |
| 2014 | 0.5092 | -32.4% |
| 2015 | 0.3231 | -36.6% |
| 2016 | 0.7075 | +119.0% |
| 2017 | 0.5277 | -25.4% |
| 2018 | 0.5067 | -4.0% |
| 2019 | 0.5289 | +4.4% |
| 2020 | 0.5847 | +10.6% |
Colombia compared with similar countries
- Colombia's 0.5847 is below the median for upper middle income countries, which is 0.8333, 70% of the median. (27 countries reporting)
- Colombia's 0.5847 is below the median for Latin America & Caribbean, which is 0.9357, 62% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 1 | 1 | 2 |
| 2000s | 0.7557 | 0.7557 | 0.7557 | 1 |
| 2010s | 0.5509 | 0.3231 | 0.7534 | 7 |
| 2020s | 0.5847 | 0.5847 | 0.5847 | 1 |
Countries ranked near Colombia
- 41 Spain 0.6358 compare
- 42 South Africa 0.6296 compare
- 43 Kazakhstan 0.6075 compare
- 45 Paraguay 0.5657 compare
- 46 Ukraine 0.5575 compare
- 47 Russian Federation 0.4905 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 other expense, ratio of this level of government's expenditure on in Colombia?
- Other expense, ratio of this level of government's expenditure on in Colombia was 0.5847 in 2020, according to International Monetary Fund.
- What is the highest other expense, ratio of this level of government's expenditure on recorded in Colombia?
- The highest recorded value was 1 in 1998.
- What is the lowest other expense, ratio of this level of government's expenditure on recorded in Colombia?
- The lowest recorded value was 0.3231 in 2015.
- How does Colombia rank for other expense, ratio of this level of government's expenditure on?
- Colombia ranks 44th out of 64 countries with data for 2020.
- Is other expense, ratio of this level of government's expenditure on rising or falling in Colombia?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Other expense, Ratio of this level of government's expenditure on this item to total general government expenditure on this, 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.