Use of goods and services, Ratio of this level of government's in Colombia
Colombia: Use of goods and services, Ratio of this level of government's was 0.5826 in 2020. ▲ Rising
Use of goods and services, Ratio of this level of government's in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
The most recent figure for use of goods and services, ratio of this level of government's in Colombia is 0.5826, measured in 2020.
The figure is up 10.2% on the previous year and down 0.2% over ten years.
Over the whole period, use of goods and services, ratio of this level of government's in Colombia peaked at 0.5835 in 2013 and was at its lowest, 0.269, in 1999.
Colombia ranks 40th of 79 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Use of goods and services, Ratio of this level of government's in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.3112 | — |
| 1999 | 0.269 | -13.5% |
| 2000 | 0.2871 | +6.7% |
| 2013 | 0.5835 | +103.2% |
| 2014 | 0.4828 | -17.3% |
| 2015 | 0.4641 | -3.9% |
| 2016 | 0.4969 | +7.1% |
| 2017 | 0.5752 | +15.8% |
| 2018 | 0.5756 | +0.1% |
| 2019 | 0.5285 | -8.2% |
| 2020 | 0.5826 | +10.2% |
Colombia compared with similar countries
- Colombia's 0.5826 is below the median for upper middle income countries, which is 0.6549, 89% of the median. (27 countries reporting)
- Colombia's 0.5826 is below the median for Latin America & Caribbean, which is 0.6095, 96% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2901 | 0.269 | 0.3112 | 2 |
| 2000s | 0.2871 | 0.2871 | 0.2871 | 1 |
| 2010s | 0.5295 | 0.4641 | 0.5835 | 7 |
| 2020s | 0.5826 | 0.5826 | 0.5826 | 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 use of goods and services, ratio of this level of government's in Colombia?
- Use of goods and services, ratio of this level of government's in Colombia was 0.5826 in 2020, according to International Monetary Fund.
- What is the highest use of goods and services, ratio of this level of government's recorded in Colombia?
- The highest recorded value was 0.5835 in 2013.
- What is the lowest use of goods and services, ratio of this level of government's recorded in Colombia?
- The lowest recorded value was 0.269 in 1999.
- How does Colombia rank for use of goods and services, ratio of this level of government's?
- Colombia ranks 40th out of 79 countries with data for 2020.
- Is use of goods and services, ratio of this level of government's rising or falling in Colombia?
- Over the last ten years it is down 0.2%. 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 Use of goods and services, 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.
Download this data
CSV · JSON — 11 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.