Colombia Government Spending  Forecast


Government Spending in Colombia is expected to be 25000.00 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 26000.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 28000.00 COP Billion in 2020, according to our econometric models.


Colombia Government Spending
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Colombia Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 47.6 45 45 42 42 43
Government Budget -4 -3.31 -3.3 -3.62 -3.76 -3
Government Budget Value -2706 207 296 -220 -185 -123
Government Spending 24181 25000 25000 25000 26000 28000
Government Revenues 13550 13666 13839 13844 13702 13750
Fiscal Expenditure 16255 12760 13898 13366 13696 13584
Military Expenditure 9930 9895 10011 10058 10104 10763
Credit Rating 52.04