Subsidies and other transfers (current LCU) in Colombia
Colombia: Subsidies and other transfers (current LCU) was 346.34 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Colombia recorded 346.34 trillion current LCU for subsidies and other transfers in 2024. That is the highest value across all 21 years on record.
That represents a change of up 7.9% on the previous year and up 155.8% over ten years.
Over the whole period, subsidies and other transfers in Colombia peaked at 346.34 trillion current LCU in 2024 and was at its lowest, 7.99 trillion current LCU, in 1998.
That places Colombia 3rd out of 153 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in Colombia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 7.99 trillion current LCU | — |
| 1999 | 9.77 trillion current LCU | +22.2% |
| 2000 | 10.76 trillion current LCU | +10.2% |
| 2003 | 30.98 trillion current LCU | +188.0% |
| 2008 | 47.25 trillion current LCU | +52.5% |
| 2009 | 51.30 trillion current LCU | +8.6% |
| 2010 | 57.78 trillion current LCU | +12.6% |
| 2011 | 52.31 trillion current LCU | -9.5% |
| 2012 | 85.47 trillion current LCU | +63.4% |
| 2013 | 130.04 trillion current LCU | +52.1% |
| 2014 | 135.37 trillion current LCU | +4.1% |
| 2015 | 129.35 trillion current LCU | -4.4% |
| 2016 | 120.08 trillion current LCU | -7.2% |
| 2017 | 140.08 trillion current LCU | +16.7% |
| 2018 | 165.12 trillion current LCU | +17.9% |
| 2019 | 187.95 trillion current LCU | +13.8% |
| 2020 | 213.88 trillion current LCU | +13.8% |
| 2021 | 251.58 trillion current LCU | +17.6% |
| 2022 | 279.83 trillion current LCU | +11.2% |
| 2023 | 320.99 trillion current LCU | +14.7% |
| 2024 | 346.34 trillion current LCU | +7.9% |
Colombia compared with similar countries
- Colombia's 346.34 trillion current LCU is above the median for upper middle income countries, which is 139.97 billion current LCU, 2474.3× the median. (46 countries reporting)
- Colombia's 346.34 trillion current LCU is above the median for Latin America & Caribbean, which is 32.42 billion current LCU, 10681.7× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (current LCU) 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 |
|---|---|---|---|
| 2003 | +188.0% | 10.76 trillion current LCU | 30.98 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.88 trillion current LCU | 7.99 trillion current LCU | 9.77 trillion current LCU | 2 |
| 2000s | 35.07 trillion current LCU | 10.76 trillion current LCU | 51.30 trillion current LCU | 4 |
| 2010s | 120.36 trillion current LCU | 52.31 trillion current LCU | 187.95 trillion current LCU | 10 |
| 2020s | 282.52 trillion current LCU | 213.88 trillion current LCU | 346.34 trillion current LCU | 5 |
Countries ranked near Colombia
- 1 Indonesia 520.46 trillion current LCU compare
- 2 South Korea 484.57 trillion current LCU compare
- 4 Iran 276.80 trillion current LCU compare
- 5 Lebanon 149.54 trillion current LCU compare
- 6 Uzbekistan 138.21 trillion current LCU 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 subsidies and other transfers in Colombia?
- Subsidies and other transfers in Colombia was 346.34 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Colombia?
- The highest recorded value was 346.34 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Colombia?
- The lowest recorded value was 7.99 trillion current LCU in 1998.
- How does Colombia rank for subsidies and other transfers?
- Colombia ranks 3rd out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Colombia?
- Over the last ten years it is up 155.8%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.