Colombia Government Budget  2001-2017 | Data | Chart | Calendar | Forecast

Colombia recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2016. Government Budget in Colombia averaged -3.61 percent of GDP from 2001 until 2016, 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 47.60 50.70 50.70 23.30 percent [+]
Government Budget -4.00 -3.00 0.23 -8.47 percent of GDP [+]
Government Budget Value -1072.19 -5772.34 9207.09 -10366.03 COP Billion [+]
Government Spending 24685.00 24331.00 24685.00 11600.00 COP Billion [+]
Government Revenues 12174.34 11259.50 17680.21 0.09 COP Billion [+]
Fiscal Expenditure 13246.53 17031.84 17031.84 0.12 COP Billion [+]
Military Expenditure 9930.40 9127.20 9930.40 343.20 USD Million [+]
Credit Rating 52.04 [+]


Colombia Government Budget

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -3.00 0.23 -8.47 2001 - 2016 percent of GDP Yearly




government budget by Country

Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -2.40 Dec/16
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.10 Dec/16
United Kingdom -3.00 Dec/16
United States -3.50 Dec/17