Colombia General government total expenditure (% of GDP) Statistics

23, Mar 2019, EDT.

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Country or Region: Colombia › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Colombia indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Colombian Peso
Currency Symbol: COP

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) Statistics for Colombia , Year 2015 - In Detail

General government total expenditure (% of GDP) for Colombia in year 2015 is 29.579 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Colombia No. 112 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Colombia is 4.30 less than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Colombia was 29.45 % General government total expenditure (% of GDP) for Colombia in 2015 was or will be 0.42% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Colombia was or will be 28.61 %, which is 3.27% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Colombia, in other Years
Year %
  2021 26.313
  2020 26.631
  2019 27.044
  2018 27.731
  2017 28.22
  2016 28.611
2015 29.579
  2014 29.454
  2013 29
  2012 28.259
  2011 28.639
  2010 29.395
  2009 29.522
  2008 26.638
  2007 28.027
  2006 28.276
  2005 25.715
  2004 26.421
  2003 27.837
  2002 27.897
  2001 27.538
  2000 26.426
  1999 28.077
  1998 26.171
  1997 26.007
  1996 24.907
  1995 22.053
  1994 20.439
  1993 19.874
  1992 18.289
  1991 17.577
  1990 17.335
  1989 17.597
  1988 14.457
  1987 14.625
  1986 14.08
  1985 14.601
  1984 15.213
  1983 14.97
  1982 14.957
  1981 n/a
  1980 n/a