Colombia recorded a government budget deficit of 6310.69 COP Billion in February of 2019. Government Budget Value in Colombia averaged -520.31 COP Billion from 1963 until 2019, reaching an all time high of 9207.09 COP Billion in April of 2012 and a record low of -10366.03 COP Billion in December of 2012.

Colombia Government Budget Value
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Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.50 49.80 50.50 23.30 percent [+]
Government Budget -3.10 -3.60 0.23 -8.47 percent of GDP [+]
Government Budget Value -6310.69 9026.36 9207.09 -10366.03 COP Billion [+]
Government Spending 34153.12 33223.94 34153.12 11533.00 COP Billion [+]
Government Revenues 9946.75 19911.45 19911.45 0.09 COP Billion [+]
Fiscal Expenditure 16257.44 10885.09 21733.48 0.12 COP Billion [+]
Credit Rating 52.04 [+]
Military Expenditure 10303.00 10018.00 10303.00 358.00 USD Million [+]


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. This page provides - Colombia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6310.69 9026.36 9207.09 -10366.03 1963 - 2019 COP Billion Monthly
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