Social contributions, Ratio of this level of government's revenue in Colombia
Colombia: Social contributions, Ratio of this level of government's revenue was 0.026 in 2020. ◆ Volatile
Social contributions, Ratio of this level of government's revenue in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
Colombia recorded 0.026 for social contributions, ratio of this level of government's revenue in 2020.
The figure is up 7.2% on the previous year and down 91.3% over ten years.
Over the whole period, social contributions, ratio of this level of government's revenue in Colombia peaked at 0.2977 in 2013 and was at its lowest, 0, in 2014.
That places Colombia 43rd out of 77 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions, Ratio of this level of government's revenue in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.0843 | — |
| 1999 | 0.0842 | -0.1% |
| 2000 | 0.0832 | -1.1% |
| 2013 | 0.2977 | +257.6% |
| 2014 | 0 | -100.0% |
| 2015 | 0 | — |
| 2016 | 0 | — |
| 2017 | 0 | — |
| 2018 | 0.0274 | — |
| 2019 | 0.0243 | -11.3% |
| 2020 | 0.026 | +7.2% |
Colombia compared with similar countries
- Colombia's 0.026 is below the median for Latin America & Caribbean, which is 0.2296, 11% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0842 | 0.0842 | 0.0843 | 2 |
| 2000s | 0.0832 | 0.0832 | 0.0832 | 1 |
| 2010s | 0.0499 | 0 | 0.2977 | 7 |
| 2020s | 0.026 | 0.026 | 0.026 | 1 |
Countries ranked near Colombia
More public sector data for Colombia
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- 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is social contributions, ratio of this level of government's revenue in Colombia?
- Social contributions, ratio of this level of government's revenue in Colombia was 0.026 in 2020, according to International Monetary Fund.
- What is the highest social contributions, ratio of this level of government's revenue recorded in Colombia?
- The highest recorded value was 0.2977 in 2013.
- What is the lowest social contributions, ratio of this level of government's revenue recorded in Colombia?
- The lowest recorded value was 0 in 2014.
- How does Colombia rank for social contributions, ratio of this level of government's revenue?
- Colombia ranks 43rd out of 77 countries with data for 2020.
- Is social contributions, ratio of this level of government's revenue rising or falling in Colombia?
- Over the last ten years it is down 91.3%. 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 Social contributions, 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.