Fiscal Expenditure in Colombia decreased to 12169.45 COP Billion in October from 14441 COP Billion in September of 2018. Fiscal Expenditure in Colombia averaged 2956.56 COP Billion from 1963 until 2018, reaching an all time high of 21733.48 COP Billion in July of 2018 and a record low of 0.12 COP Billion in January of 1963.

Fiscal Expenditure in Colombia is expected to be 17772.96 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Colombia to stand at 15981.83 in 12 months time. In the long-term, the Colombia Fiscal Expenditure is projected to trend around 16174.54 COP Billion in 2020, according to our econometric models.

Colombia Fiscal Expenditure
Forecast Data Chart
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Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.50 50.20 50.60 23.30 percent [+]
Government Budget -3.00 -4.00 0.23 -8.47 percent of GDP [+]
Government Budget Value -2622.44 506.18 9207.09 -10366.03 COP Billion [+]
Government Spending 33223.94 33019.08 33269.24 11533.00 COP Billion [+]
Government Revenues 9547.01 14947.18 18430.26 0.09 COP Billion [+]
Fiscal Expenditure 12169.45 14441.00 21733.48 0.12 COP Billion [+]
Credit Rating 52.04 [+]
Military Expenditure 8976.14 8675.98 8976.14 330.81 USD Million [+]

Colombia Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Colombia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Fiscal Expenditure - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12169.45 14441.00 21733.48 0.12 1963 - 2018 COP Billion Monthly

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Argentina 323235.40 Oct/18
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China 12031.00 Oct/18
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