Colombia Government Budget Value - Forecast

Government Budget Value in Colombia is expected to be 1008.00 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 -2454.00 in 12 months time. In the long-term, the Colombia Government Budget Value is projected to trend around -2123.00 COP Billion in 2020, according to our econometric models.


Colombia Government Budget Value
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Colombia Government Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 48.5 46 46 45 45 47
Government Budget -3 -3.8 -3.8 -3.8 -4.07 -3.7
Government Budget Value -876 -2072 -2868 -2753 -2885 -2798
Government Spending 33269 24976 25094 25596 25189 27102
Government Revenues 14378 11947 11988 11836 11890 11883
Fiscal Expenditure 15255 14019 14857 14558 14776 14681
Credit Rating 52.04
Military Expenditure 8976 9853 9958 10064 10115 11172