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Government procurement spending as share of total government spending in Colombia

Colombia: Government procurement spending as share of total government spending was 20.8% in 2024. ▼ Falling

Latest (2024)
20.8%
Change on year
down 3.7%
World rank
40th
of 42 countries
All-time high
27.6%
in 2007
All-time low
20.8%
in 2024
Years of data
18
2007–2024

Government procurement spending as share of total government spending in Colombia, 2007–2024

01020302007201520242007: 27.6 % of government expenditure2008: 27.1 % of government expenditure2009: 27 % of government expenditure2010: 26 % of government expenditure2011: 27.4 % of government expenditure2012: 26.7 % of government expenditure2013: 26.8 % of government expenditure2014: 25 % of government expenditure2015: 25.3 % of government expenditure2016: 24.4 % of government expenditure2017: 24.2 % of government expenditure2018: 24.9 % of government expenditure2019: 25.4 % of government expenditure2020: 20.9 % of government expenditure2021: 21.3 % of government expenditure2022: 21.6 % of government expenditure2023: 21.6 % of government expenditure2024: 20.8 % of government expenditure

Source: OECD (2026) – with minor processing by Our World in Data. Measured in % of government expenditure.

Analysis

In 2024, government procurement spending as share of total government spending in Colombia stood at 20.8%. That is the lowest value across all 18 years on record.

That represents a change of down 3.7% on the previous year and down 16.7% over ten years.

Over the whole period, government procurement spending as share of total government spending in Colombia peaked at 27.6% in 2007 and was at its lowest, 20.8%, in 2024.

Colombia ranks 40th of 42 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.2% 27.0% 27.6% 3
2010s 25.6% 24.2% 27.4% 10
2020s 21.2% 20.8% 21.6% 5

Countries ranked near Colombia

  1. 37 Spain 24.2% compare
  2. 38 Portugal 23.3% compare
  3. 39 Italy 23.2% compare
  4. 41 Mexico 18.2% compare
  5. 42 Costa Rica 14.2% compare

See the full ranking of 42 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is government procurement spending as share of total government spending in Colombia?
Government procurement spending as share of total government spending in Colombia was 20.8% in 2024, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest government procurement spending as share of total government spending recorded in Colombia?
The highest recorded value was 27.6% in 2007.
What is the lowest government procurement spending as share of total government spending recorded in Colombia?
The lowest recorded value was 20.8% in 2024.
How does Colombia rank for government procurement spending as share of total government spending?
Colombia ranks 40th out of 42 countries with data for 2024.
Is government procurement spending as share of total government spending rising or falling in Colombia?
Over the last ten years it is down 16.7%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Government procurement spending as share of total government spending. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government procurement spending as share of total government spending
Unit
% of government expenditure
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
42 places, 741 data points, 2007–2024
Last refreshed

This data is divided by total government expenditure, expressed as a percentage.