Government Spending in Colombia increased to 34097.73 COP Billion in the second quarter of 2019 from 33570 COP Billion in the first quarter of 2019. Government Spending in Colombia averaged 21855.84 COP Billion from 2000 until 2019, reaching an all time high of 34097.73 COP Billion in the second quarter of 2019 and a record low of 11533 COP Billion in the first quarter of 2000.
Government Spending in Colombia is expected to be 34320.00 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 34514.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 37647.00 COP Billion in 2020, according to our econometric models.