Colombia Government Budget  2001-2016 | Data | Chart | Calendar | Forecast

Colombia recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2014. Government Budget in Colombia averaged -3.63 percent of GDP from 2001 until 2014, reaching an all time high of 0.23 percent of GDP in 2005 and a record low of -8.47 percent of GDP in 2004.

Colombia Government Budget
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Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.00 35.80 45.60 23.30 percent [+]
Government Budget -2.40 -2.41 0.23 -8.47 percent of GDP [+]
Government Budget Value -245.65 -4583.92 9207.09 -10366.03 COP Billion [+]
Government Spending 12875.99 12396.12 16526.97 0.12 COP Billion [+]
Government Revenues 12630.34 7812.21 17680.21 0.09 COP Billion [+]
Fiscal Expenditure 12875.99 12396.12 16526.97 0.12 COP Billion [+]
Military Expenditure 12945.40 11846.00 12945.40 2496.20 USD Million [+]
Credit Rating 52.04 [+]



Colombia Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Colombia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -2.41 0.23 -8.47 2001 - 2014 percent of GDP Yearly



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Jordan -3.50 Dec/15
Kazakhstan -1.20 Dec/14
Kenya -8.10 Dec/15
Kosovo -1.30 Dec/15
Kuwait 26.59 Dec/14
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Laos -4.70 Dec/15
Latvia -1.30 Dec/15
Lebanon 5.35 Dec/15
Lesotho 0.50 Dec/15
Liberia -12.10 Dec/15
Libya -49.10 Dec/14
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Luxembourg 1.20 Dec/15
Macedonia -3.50 Dec/15
Madagascar -3.40 Dec/15
Malawi -4.90 Dec/15
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Mali -3.60 Sep/15
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Mexico -3.50 Dec/15
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Nepal -2.20 Dec/15
Netherlands -1.80 Dec/15
New Zealand 0.70 Dec/16
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Norway 5.70 Dec/15
Oman -17.10 Dec/15
Pakistan -5.30 Dec/15
Palestine 3.20 Dec/14
Panama -3.90 Dec/15
Papua New Guinea -3.20 Dec/15
Paraguay -1.50 Dec/15
Peru -2.10 Dec/15
Philippines -0.90 Dec/15
Poland -2.60 Dec/15
Portugal -4.40 Dec/15
Qatar 16.10 Dec/14
Republic of the Congo -3.50 Dec/15
Romania -0.70 Dec/15
Russia -2.60 Dec/15
Rwanda -4.80 Dec/15
Sao Tome and Principe -5.30 Dec/15
Saudi Arabia -15.00 Dec/15
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Seychelles 1.20 Dec/15
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