24, Jan 2020, EST.

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Country or Region: Colombia › Change country
Economic Indicator: General government revenue (National Currency) › See all Colombia indicators, › See General government revenue (National Currency) 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

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. Source: Ministry of Finance or Treasury Latest actual data: 2014 Notes: Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2001 manual Basis of recording: Revenue (cash); Expenditure (cash modified) General government includes: Central Government;State Government;Local Government;Social Security Funds;Other; Valuation of public debt: Face value Primary domestic currency: Colombian peso Data last updated: 03/2016

General government revenue (National Currency) for Colombia is COP 214,971.12 Billions. 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.

In the previous year, 2014, General government revenue (National Currency) for Colombia was COP 209,423.23 Billions General government revenue (National Currency) for Colombia in 2015 was or will be 2.65% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (National Currency) for Colombia was or will be COP 217,084.57 Billions, which is 0.98% more than the 2015 figure.