Social contributions (% of revenue) in Colombia
Colombia: Social contributions (% of revenue) was 19.9% in 2024. ▲ Rising
Social contributions in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Colombia recorded 19.9% for social contributions in 2024.
Compared with earlier readings it is up 11.0% on the previous year and up 25.1% over ten years.
Over the whole period, social contributions in Colombia peaked at 20.1% in 2012 and was at its lowest, 7.3%, in 2017.
That places Colombia 44th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Social contributions (% of revenue) in Colombia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 7.9% | — |
| 1999 | 8.2% | +3.6% |
| 2000 | 7.6% | -6.7% |
| 2003 | 11.0% | +44.7% |
| 2008 | 17.0% | +54.4% |
| 2009 | 13.6% | -20.4% |
| 2010 | 12.5% | -8.2% |
| 2011 | 18.0% | +44.5% |
| 2012 | 20.1% | +11.5% |
| 2013 | 13.0% | -35.3% |
| 2014 | 15.9% | +22.6% |
| 2015 | 16.4% | +3.0% |
| 2016 | 18.2% | +11.1% |
| 2017 | 7.3% | -60.0% |
| 2018 | 16.5% | +127.1% |
| 2019 | 15.2% | -8.0% |
| 2020 | 15.6% | +2.4% |
| 2021 | 20.0% | +28.5% |
| 2022 | 19.0% | -4.8% |
| 2023 | 17.9% | -5.8% |
| 2024 | 19.9% | +11.0% |
Colombia compared with similar countries
- Colombia's 19.9% is above the median for upper middle income countries, which is 13.1%, 1.5× the median. (37 countries reporting)
- Colombia's 19.9% is above the median for Latin America & Caribbean, which is 11.0%, 1.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Social contributions (% of revenue) in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +127.1% | 7.3% | 16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.0% | 7.9% | 8.2% | 2 |
| 2000s | 12.3% | 7.6% | 17.0% | 4 |
| 2010s | 15.3% | 7.3% | 20.1% | 10 |
| 2020s | 18.5% | 15.6% | 20.0% | 5 |
Countries ranked near Colombia
More public sector data for Colombia
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- 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 social contributions in Colombia?
- Social contributions in Colombia was 19.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Colombia?
- The highest recorded value was 20.1% in 2012.
- What is the lowest social contributions recorded in Colombia?
- The lowest recorded value was 7.3% in 2017.
- How does Colombia rank for social contributions?
- Colombia ranks 44th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Colombia?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.