Transfer dependency method 2, Ratio of net transfers to own revenue in Colombia
Colombia: Transfer dependency method 2, Ratio of net transfers to own revenue was -0.5485 in 2020. ▲ Rising
Transfer dependency method 2, Ratio of net transfers to own revenue in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
The most recent figure for transfer dependency method 2, ratio of net transfers to own revenue in Colombia is -0.5485, measured in 2020.
Compared with earlier readings it is down 27.4% on the previous year and down 93.6% over ten years.
Over the whole period, transfer dependency method 2, ratio of net transfers to own revenue in Colombia peaked at -0.2833 in 2013 and was at its lowest, -0.7077, in 1999.
Colombia ranks 55th of 66 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Transfer dependency method 2, Ratio of net transfers to own revenue in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | -0.6372 | — |
| 1999 | -0.7077 | +11.1% |
| 2000 | -0.6536 | -7.6% |
| 2013 | -0.2833 | -56.7% |
| 2014 | -0.4394 | +55.1% |
| 2015 | -0.4055 | -7.7% |
| 2016 | -0.3164 | -22.0% |
| 2017 | -0.4322 | +36.6% |
| 2018 | -0.4505 | +4.2% |
| 2019 | -0.4306 | -4.4% |
| 2020 | -0.5485 | +27.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.6724 | -0.7077 | -0.6372 | 2 |
| 2000s | -0.6536 | -0.6536 | -0.6536 | 1 |
| 2010s | -0.394 | -0.4505 | -0.2833 | 7 |
| 2020s | -0.5485 | -0.5485 | -0.5485 | 1 |
Countries ranked near Colombia
- 52 Indonesia -0.5032 compare
- 53 Austria -0.5077 compare
- 54 North Macedonia -0.5172 compare
- 56 South Africa -0.5752 compare
- 57 Kazakhstan -0.5896 compare
- 58 Netherlands -0.6511 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 2, ratio of net transfers to own revenue in Colombia?
- Transfer dependency method 2, ratio of net transfers to own revenue in Colombia was -0.5485 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 2, ratio of net transfers to own revenue recorded in Colombia?
- The highest recorded value was -0.2833 in 2013.
- What is the lowest transfer dependency method 2, ratio of net transfers to own revenue recorded in Colombia?
- The lowest recorded value was -0.7077 in 1999.
- How does Colombia rank for transfer dependency method 2, ratio of net transfers to own revenue?
- Colombia ranks 55th out of 66 countries with data for 2020.
- Is transfer dependency method 2, ratio of net transfers to own revenue rising or falling in Colombia?
- Over the last ten years it is down 93.6%. 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 2, Ratio of net transfers to own revenue, 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.