Transfer dependency method 1, Ratio of net transfers to own spending in Colombia
Colombia: Transfer dependency method 1, Ratio of net transfers to own spending was -0.6433 in 2020. ▲ Rising
Transfer dependency method 1, Ratio of net transfers to own spending in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
Colombia recorded -0.6433 for transfer dependency method 1, ratio of net transfers to own spending in 2020.
That represents a change of down 1.5% on the previous year and down 117.1% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in Colombia peaked at -0.2962 in 2013 and was at its lowest, -0.9254, in 2000.
That places Colombia 52nd out of 64 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Transfer dependency method 1, Ratio of net transfers to own spending in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | -0.8413 | — |
| 1999 | -0.858 | +2.0% |
| 2000 | -0.9254 | +7.9% |
| 2013 | -0.2962 | -68.0% |
| 2014 | -0.5443 | +83.8% |
| 2015 | -0.5969 | +9.7% |
| 2016 | -0.3717 | -37.7% |
| 2017 | -0.6415 | +72.6% |
| 2018 | -0.6487 | +1.1% |
| 2019 | -0.6338 | -2.3% |
| 2020 | -0.6433 | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8496 | -0.858 | -0.8413 | 2 |
| 2000s | -0.9254 | -0.9254 | -0.9254 | 1 |
| 2010s | -0.5333 | -0.6487 | -0.2962 | 7 |
| 2020s | -0.6433 | -0.6433 | -0.6433 | 1 |
Countries ranked near Colombia
- 49 Russian Federation -0.609 compare
- 50 Kazakhstan -0.6181 compare
- 51 Serbia -0.6287 compare
- 53 Peru -0.6664 compare
- 54 Austria -0.6832 compare
- 55 South Africa -0.7239 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 transfer dependency method 1, ratio of net transfers to own spending in Colombia?
- Transfer dependency method 1, ratio of net transfers to own spending in Colombia was -0.6433 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in Colombia?
- The highest recorded value was -0.2962 in 2013.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in Colombia?
- The lowest recorded value was -0.9254 in 2000.
- How does Colombia rank for transfer dependency method 1, ratio of net transfers to own spending?
- Colombia ranks 52nd out of 64 countries with data for 2020.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in Colombia?
- Over the last ten years it is down 117.1%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, 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.