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Colombia Government Budget: Revenues and Spending

Colombia Government Budget Data

Indicator Data Period
Government Budget Value -812 COP Billion | -0.176 B USD May/22
Government Spending 40874 COP Billion | 8.866 B USD 2Q/22
Government Revenues 13776 COP Billion | 2.988 B USD Jun/21
Government Budget to GDP -7.1 % 2021


Latest data on Government Budget Value (COP Billion)

Government Budget Value
                     Colombia - Historical Data (COP Billion)

How much is Colombia Government Budget?

  • The surplus of government budget in Colombia decreased to 812 COP Billion (0.176 B USD) in May 2022. The maximum surplus was 9730 COP Billion and deficit was -19581 COP Billion.
  • Data published Monthly by Central Bank.

Historical Data (COP Billion) by years

Data
Period
Date
-812 May/22 17.09.2022
-15758 Dec/21 07.05.2022
-9710 Jun/21 18.01.2022
448 Mar/21 07.09.2021
-11328 Dec/20 22.06.2021
-4460 Sep/20 16.01.2021
-8454 Aug/20 07.11.2020
-9546 Jun/20 05.09.2020


Historical Chart by presidents (COP Billion)

Government Budget Value in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Santos 07.08.2010 - 07.08.2018 -1257.9100 -876.2500 4637.7800 -7234.1000 -30.34%


Latest data on Government Spending (COP Billion)

Government Spending
                     Colombia - Historical Data (COP Billion)

What is current Colombia Government Spending?

  • Government Spending in Colombia increased to 40874 COP Billion (8.866 B USD) in the second quarter of 2022. The maximum volume was 37731 COP Billion and minimum was 11533 COP Billion
  • Data published Quarterly by National Administrative Department of Statistics.

Historical Data (COP Billion) by years

Data
Period
Date
40874 2Q/22 25.08.2022
40861 1Q/22 21.05.2022
40613 4Q/21 16.02.2022
44217 3Q/21 18.01.2022
40118 2Q/21 21.08.2021
37731 1Q/21 15.05.2021
37389 4Q/20 15.02.2021
36010 3Q/20 17.11.2020


Historical Chart by presidents (COP Billion)

Government Spending in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Santos 07.08.2010 - 07.08.2018 11596.3100 33269.2400 33269.2400 11596.3100 186.90%


Latest data on Government Revenues (COP Billion)

Government Revenues
                     Colombia - Historical Data (COP Billion)

How much is Colombia Government Revenue?

  • Government Revenues in Colombia decreased to 13776 COP Billion (2.988 B USD) in June 2021. The maximum volume was 19916 COP Billion and minimum was 0.09 COP Billion
  • Data published Monthly by Central Bank.

Historical Data (COP Billion) by years

Data
Period
Date
13776 Jun/21 28.02.2022
20188 Mar/21 07.09.2021
11923 Dec/20 22.06.2021
13546 Sep/20 16.01.2021
7165 Aug/20 07.11.2020
10419 Jun/20 05.09.2020
12622 May/20 08.08.2020
18503 Mar/20 23.05.2020


Historical Chart by presidents (COP Billion)

Government Revenues in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Juan Santos 07.08.2010 - 07.08.2018 14378.3600 14378.3600 14378.3600 14378.3600 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Colombia - Historical Data (%)

What is the deficit of Colombia Government Budget?

  • The deficit of Current Account to GDP in Colombia increased to 7.1 % in 2021. The maximum surplus was 0.23 % and deficit was -8.47 %.
  • Data published Yearly by Ministry of Finance and Public Credit.

Historical Data (%) by years

Data
Period
Date
-7.1 2021 28.06.2022
-7.8 2020 04.03.2021
-2.5 2019 29.06.2020
-3.1 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Colombia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Colombia

Index Updated Actual Previous
Government Debt to GDP 2021 64.5 % 65.8
Fiscal Expenditure  May/22 4.938 B USD 4.436
Military Expenditure 2020 10.133 B USD 10.168

Government Budget to GDP in other countries

Country Updated Actual Previous
Colombia 2021 -7.1 % -7.8
Panama 2021 -7.12 % -9.13
Honduras 2020 -6.9 % -2.4
Brazil 2021 -4.5 % -13.4
Chile 2021 -7.5 % -7.1
Paraguay 2021 -5.5 % -7.3
Argentina 2021 -4.5 % -8.5
Canada 2021 -4.7 % -14.9
Ecuador 2020 -8.9 % -3.2
Mexico 2021 -3.8 % -4.6
Peru 2021 -2.6 % -8.9
United States 2021 -16.7 % -14.9
Uruguay 2021 -3.8 % -5.1
Jamaica 2021 0.3 % -3.1
Suriname 2020 -12.9 % -11
Venezuela 2021 -4.5 % -4.9
Belize 2021 -3.3 % -10.7
Cameroon 2021 -3.1 % -3.9
Cape Verde 2021 -7.6 % -8.9
Cuba 2021 -11.7 % -17.7
Dominican Republic 2021 -2.8 % -7.91
El Salvador 2020 -9.2 % -1.8
Guyana 2020 -5.3 % -4.6
Haiti 2020 -5.9 % -2.28
Nicaragua 2020 -1 % 0.3
Trinidad and Tobago 2021 -11 % -11.3