Colombia Government Budget Value  Forecast


Government Budget Value in Colombia is expected to be -877.02 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Colombia to stand at -692.43 in 12 months time. In the long-term, the Colombia Government Budget Value is projected to trend around -669.89 COP Billion in 2020, according to our econometric models.


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Colombia Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 47.6 46 46 46 46 47
Government Budget -4 -5 -3.8 -3.8 -3.8 -3.7
Government Budget Value -1072 -877 -820 -728 -692 -670
Government Spending 24685 25000 26000 26000 26000 28000
Government Revenues 12174 12280 12034 11841 11660 10167
Fiscal Expenditure 13247 14444 14742 14585 14515 13828
Military Expenditure 9930 9708 9718 9728 9739 9724
Credit Rating 52.04