Colombia Government Budget

Colombia recorded a Government Budget deficit equal to 2.41 percent of the country's Gross Domestic Product in 2013. Government Budget in Colombia averaged -3.72 Percent of GDP from 2001 until 2013, 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. Government Budget in Colombia is reported by the Ministry of Finance and Public Credit Republic of Colombia.


Colombia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.41 -2.45 0.23 -8.47 2001 - 2013 Percent of GDP Yearly
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.

Government Last Previous Highest Lowest Unit
Government Budget -2.41 -2.45 0.23 -8.47 Percent of GDP [+]
Government Debt to GDP 31.80 32.40 45.60 23.30 Percent [+]
Government Budget Value -53.71 -1968.08 9207.09 -10366.03 COP Billion [+]
Government Spending 11822.56 11369.40 16402.84 0.12 COP Billion [+]
Credit Rating 49.65 [+]

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