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Colombia Government Budget: Revenues and Spending

Colombia Government Budget Data

Indicator Data Period
Government Budget Value -2935 COP Billion | -0.694 B USD Mar/23
Government Spending 41785 COP Billion | 9.876 B USD 2Q/23
Government Revenues 15329 COP Billion | 3.623 B USD Dec/22
Government Budget to GDP -4.3 % 2022


Latest data on Government Budget Value (COP Billion)

Government Budget Value
                     Colombia - Historical Data (COP Billion)

How much is Colombia Government Budget?

  • The deficit of government budget in Colombia increased to 2935 COP Billion (0.694 B USD) in March 2023. 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
-2935 Mar/23 14.07.2023
-15808 Dec/22 29.04.2023
-9358 Jun/22 08.10.2022
-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


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 41785 COP Billion (9.876 B USD) in the second quarter of 2023. 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
41785 2Q/23 19.08.2023
39520 1Q/23 20.05.2023
37459 4Q/22 15.02.2023
40757 3Q/22 19.11.2022
40874 2Q/22 25.08.2022
40861 1Q/22 21.05.2022
40613 4Q/21 16.02.2022
44217 3Q/21 18.01.2022


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 15329 COP Billion (3.623 B USD) in December 2022. 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
15329 Dec/22 22.05.2023
24430 Jun/22 14.10.2022
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


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 4.3 % in 2022. 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
-4.3 2022 19.04.2023
-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 2022 63.6 % 64
Fiscal Expenditure  Mar/23 5.986 B USD 5.576
Military Expenditure 2022 9.938 B USD 10.18

Government Budget to GDP in other countries

Country Updated Actual Previous
Colombia 2022 -4.3 % -7.1
Panama 2022 -4.06 % -6.67
Honduras 2022 -1.29 % -4.96
Brazil 2022 -4.6 % -4.3
Chile 2022 1.1 % -7.5
Paraguay 2021 -4 % -6.1
Argentina 2022 -2.4 % -3.1
Canada 2021 -3.6 % -14.9
Ecuador 2022 -0.86 % -1.59
Mexico 2022 -3.4 % -3.8
Peru 2022 -1.7 % -2.5
United States 2022 -5.8 % -12.4
Uruguay 2022 -3 % -3.7
Jamaica 2022 0.3 % 0.9
Suriname 2022 -0.9 % 1.7
Venezuela 2021 -4.5 % -4.9
Belize 2022 -0.4 % -1.3
Cameroon 2022 -1.9 % -2.4
Cape Verde 2022 -4.2 % -7.3
Cuba 2021 -11.7 % -17.7
Dominican Republic 2022 -3.34 % -2.8
El Salvador 2022 -1.81 % -4.81
Guyana 2022 -11.8 % -6.8
Haiti 2022 0.66 % -3.14
Nicaragua 2022 0.8 % -1.6
Trinidad and Tobago 2022 0.6 % -7.74