Colombia Government Budget Value  Forecast


Colombia Government Budget Value
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Government Budget Value in Colombia is expected to be -475.31 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 -666.27 in 12 months time. In the long-term, the Colombia Government Budget Value is projected to trend around -665.84 COP Billion in 2020, according to our econometric models.


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 2541 -475 -664 -710 -666 -666
Government Spending 24536 25000 26000 26000 26000 28000
Government Revenues 17557 14014 13817 13579 13467 12112
Fiscal Expenditure 15016 14591 14914 14770 14706 14064
Credit Rating 52.04
Military Expenditure 9930 9708 9718 9728 9739 9724