26, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Colombia › Change country
Economic Indicator: General government revenue (% of GDP) › See all Colombia indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Colombian Peso
Currency Symbol: COP

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) for Colombia in year 2010 is 24.696 %

This makes Colombia No. 127 in world rankings according to General government revenue (% of GDP) in year 2010. The world's average General government revenue (% of GDP) value is 32.41 %; Colombia is 7.71 less than the average.

In the previous year, 2009, General government revenue (% of GDP) for Colombia was 26.80 % General government revenue (% of GDP) for Colombia in 2010 was or will be 7.84% less than it was or will be in 2009.

In the following or forecasted year, 2011, General government revenue (% of GDP) for Colombia was or will be 25.07 %, which is 1.51% more than the 2010 figure.