Colombia recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance and Public Credit Republic of Colombia

Government Debt to GDP in Colombia averaged 38.40 percent from 1996 until 2019, reaching an all time high of 48.60 percent in 2018 and a record low of 23.30 percent in 1996. This page provides - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Colombia is expected to reach 55.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Government Debt to GDP is projected to trend around 53.00 percent in 2021 and 51.00 percent in 2022, according to our econometric models.

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Colombia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
48.40 48.60 48.60 23.30 1996 - 2019 percent Yearly

Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 48.60 48.60 23.30 percent [+]
Government Budget -2.50 -3.10 0.23 -8.47 percent of GDP [+]
Government Budget Value -4460.06 -8453.91 9207.09 -10366.03 COP Billion [+]
Government Spending 37389.21 37187.47 37389.21 11533.00 COP Billion [+]
Government Revenues 13546.01 7165.19 19932.08 0.09 COP Billion [+]
Fiscal Expenditure 18006.07 15619.10 23023.60 0.12 COP Billion [+]
Credit Rating 57.00 [+]
Military Expenditure 10303.00 10018.00 10303.00 358.00 USD Million [+]


Colombia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.