Colombia recorded a government budget surplus of 448.13 COP Billion in March of 2021. source: Banco de la República de Colombia

Government Budget Value in Colombia averaged -656.98 COP Billion from 1963 until 2021, reaching an all time high of 9207.09 COP Billion in April of 2012 and a record low of -19244.85 COP Billion in December of 2020. This page provides - Colombia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Budget Value - values, historical data and charts - was last updated on October of 2021.

Government Budget Value in Colombia is expected to be -5800.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Government Budget Value is projected to trend around -5500.00 COP Billion in 2022 and -5000.00 COP Billion in 2023, according to our econometric models.

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Colombia Government Budget Value


Colombia Last Unit Reference Previous Highest Lowest
Government Budget -7.80 percent of GDP Dec/20 -2.50 0.23 -8.47
Government Budget Value 448.13 COP Billion Mar/21 -10497.09 9207.09 -19244.85
Government Revenues 20187.85 COP Billion Mar/21 10001.00 20187.85 0.09
Fiscal Expenditure 19739.72 COP Billion Mar/21 20498.08 31167.41 0.12


Colombia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.