{"entity":{"iso2":"CO","iso3":"COL","name":"Colombia","slug":"colombia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"gov-procurement-share-gov-expenditure","source":"OECD (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/gov-procurement-share-gov-expenditure","title":"Government procurement spending as share of total government spending","unit":"% of government expenditure"},"observations":[{"date":"2007-01-01","value":27.566},{"date":"2008-01-01","value":27.067},{"date":"2009-01-01","value":27.023},{"date":"2010-01-01","value":25.997},{"date":"2011-01-01","value":27.358},{"date":"2012-01-01","value":26.679},{"date":"2013-01-01","value":26.77},{"date":"2014-01-01","value":24.98},{"date":"2015-01-01","value":25.331},{"date":"2016-01-01","value":24.38},{"date":"2017-01-01","value":24.21},{"date":"2018-01-01","value":24.893},{"date":"2019-01-01","value":25.378},{"date":"2020-01-01","value":20.909},{"date":"2021-01-01","value":21.264},{"date":"2022-01-01","value":21.6},{"date":"2023-01-01","value":21.614},{"date":"2024-01-01","value":20.815}],"summary":{"latest_period":"2024-01-01","latest_value":20.815,"max":27.566,"mean":24.6574,"min":20.815,"of":42,"rank":40,"trend":"falling"}}