Vertical fiscal imbalance, Percent in Colombia
Colombia: Vertical fiscal imbalance, Percent was -0.1727 in 2020. ▼ Falling
Vertical fiscal imbalance, Percent in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
Colombia recorded -0.1727 for vertical fiscal imbalance, percent in 2020.
The figure is up 63.4% on the previous year and down 277.4% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Colombia peaked at -0.0457 in 2013 and was at its lowest, -0.4842, in 2017.
That places Colombia 44th out of 64 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Vertical fiscal imbalance, Percent in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | -0.3203 | — |
| 1999 | -0.2123 | -33.7% |
| 2000 | -0.4159 | +95.9% |
| 2013 | -0.0457 | -89.0% |
| 2014 | -0.2389 | +422.3% |
| 2015 | -0.4722 | +97.6% |
| 2016 | -0.1746 | -63.0% |
| 2017 | -0.4842 | +177.3% |
| 2018 | -0.4399 | -9.2% |
| 2019 | -0.4718 | +7.3% |
| 2020 | -0.1727 | -63.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2663 | -0.3203 | -0.2123 | 2 |
| 2000s | -0.4159 | -0.4159 | -0.4159 | 1 |
| 2010s | -0.3325 | -0.4842 | -0.0457 | 7 |
| 2020s | -0.1727 | -0.1727 | -0.1727 | 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 vertical fiscal imbalance, percent in Colombia?
- Vertical fiscal imbalance, percent in Colombia was -0.1727 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Colombia?
- The highest recorded value was -0.0457 in 2013.
- What is the lowest vertical fiscal imbalance, percent recorded in Colombia?
- The lowest recorded value was -0.4842 in 2017.
- How does Colombia rank for vertical fiscal imbalance, percent?
- Colombia ranks 44th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Colombia?
- Over the last ten years it is down 277.4%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, 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.