Subsidies, payable, Ratio of this level of government's expenditure in Colombia
Colombia: Subsidies, payable, Ratio of this level of government's expenditure was 0.7867 in 2020. ▬ Flat
Subsidies, payable, Ratio of this level of government's expenditure in Colombia, 2013–2020
Source: International Monetary Fund.
Analysis
In 2020, subsidies, payable, ratio of this level of government's expenditure in Colombia stood at 0.7867.
The figure is down 2.5% on the previous year and down 11.7% over ten years.
That places Colombia 41st out of 75 countries with data for 2020, putting it in the middle of the range.
Subsidies, payable, Ratio of this level of government's expenditure in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 0.8905 | — |
| 2014 | 0.7336 | -17.6% |
| 2015 | 0.7315 | -0.3% |
| 2016 | 0.7189 | -1.7% |
| 2017 | 0.7331 | +2.0% |
| 2018 | 0.7629 | +4.1% |
| 2019 | 0.8065 | +5.7% |
| 2020 | 0.7867 | -2.5% |
Colombia compared with similar countries
- Colombia's 0.7867 is below the median for upper middle income countries, which is 0.9018, 87% of the median. (25 countries reporting)
- Colombia's 0.7867 is below the median for Latin America & Caribbean, which is 0.851, 92% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7681 | 0.7189 | 0.8905 | 7 |
| 2020s | 0.7867 | 0.7867 | 0.7867 | 1 |
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 subsidies, payable, ratio of this level of government's expenditure in Colombia?
- Subsidies, payable, ratio of this level of government's expenditure in Colombia was 0.7867 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Colombia?
- The highest recorded value was 0.8905 in 2013.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Colombia?
- The lowest recorded value was 0.7189 in 2016.
- How does Colombia rank for subsidies, payable, ratio of this level of government's expenditure?
- Colombia ranks 41st out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Colombia?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, payable, 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.