Fiscal Expenditure in Colombia decreased to 29117.97 COP Billion in December from 31891.88 COP Billion in November of 2021. source: Banco de la República de Colombia

Fiscal Expenditure in Colombia averaged 3814.23 COP Billion from 1963 until 2021, reaching an all time high of 31891.88 COP Billion in November of 2021 and a record low of 0.12 COP Billion in January of 1963. This page provides - Colombia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Fiscal Expenditure - values, historical data and charts - was last updated on June of 2022.

Fiscal Expenditure in Colombia is expected to be 19500.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Fiscal Expenditure is projected to trend around 18500.00 COP Billion in 2023 and 18000.00 COP Billion in 2024, according to our econometric models.

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Colombia Fiscal Expenditure



Related Last Previous Unit Reference
Government Budget -7.80 -2.50 percent of GDP Dec 2020
Government Budget Value -15758.38 -13322.33 COP Billion Dec 2021
Government Revenues 13775.66 15931.48 COP Billion Jun 2021
Fiscal Expenditure 29117.97 31891.88 COP Billion Dec 2021

Colombia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.
Actual Previous Highest Lowest Dates Unit Frequency
29117.97 31891.88 31891.88 0.12 1963 - 2021 COP Billion Monthly