Government Spending in Colombia increased to 37389.21 COP Billion in the fourth quarter of 2020 from 37187.47 COP Billion in the third quarter of 2020. source: Dane, Colombia
Government Spending in Colombia averaged 22957.87 COP Billion from 2000 until 2020, reaching an all time high of 37389.21 COP Billion in the fourth quarter of 2020 and a record low of 11533 COP Billion in the first quarter of 2000. This page provides - Colombia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Spending - values, historical data and charts - was last updated on May of 2021.
Government Spending in Colombia is expected to be 40181.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Colombia to stand at 38698.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 40672.00 COP Billion in 2022 and 42055.00 COP Billion in 2023, according to our econometric models.