Govt expenditure share budget in Colombia

Colombia: Govt expenditure share budget was 91.38 in 2023. ▬ Flat

Latest (2023)
91.38
Change on year
up 2.7%
World rank
124th
of 166 countries
All-time high
99.69
in 2005
All-time low
86.76
in 2018
Years of data
19
2005–2023

Govt expenditure share budget in Colombia, 2005–2023

0204060801002005201420232005: 99.72006: 96.52007: 94.52008: 92.62009: 91.22010: 87.22011: 96.62012: 95.12013: 93.62014: 90.42015: 90.22016: 88.72017: 972018: 86.82019: 89.42020: 95.52021: 95.62022: 892023: 91.4

Source: Our World in Data.

Analysis

The most recent figure for govt expenditure share budget in Colombia is 91.38, measured in 2023.

Compared with earlier readings it is up 2.7% on the previous year and down 2.4% over ten years.

Over the whole period, govt expenditure share budget in Colombia peaked at 99.69 in 2005 and was at its lowest, 86.76, in 2018.

That places Colombia 124th out of 166 countries with data for 2023, putting it in the middle of the range.

Govt expenditure share budget in Colombia, year by year

Annual values for Govt expenditure share budget in Colombia, 2005 to 2023.
Year Value Change
2005 99.69 —
2006 96.51 -3.2%
2007 94.49 -2.1%
2008 92.59 -2.0%
2009 91.22 -1.5%
2010 87.22 -4.4%
2011 96.64 +10.8%
2012 95.06 -1.6%
2013 93.6 -1.5%
2014 90.41 -3.4%
2015 90.15 -0.3%
2016 88.73 -1.6%
2017 97 +9.3%
2018 86.76 -10.6%
2019 89.41 +3.1%
2020 95.45 +6.8%
2021 95.64 +0.2%
2022 88.98 -7.0%
2023 91.38 +2.7%

Colombia compared with similar countries

  • Colombia's 91.38 is below the median for upper middle income countries, which is 99.64, 92% of the median. (54 countries reporting)
  • Colombia's 91.38 is below the median for Latin America & Caribbean, which is 98.84, 92% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 94.9 91.22 99.69 5
2010s 91.5 86.76 97 10
2020s 92.86 88.98 95.64 4

Countries ranked near Colombia

  1. 121 Dominica 92.09 compare
  2. 122 Sri Lanka 92.05 compare
  3. 123 Peru 91.58 compare
  4. 125 Palestine 91.17 compare
  5. 126 Cambodia 91.16 compare
  6. 127 Bosnia and Herzegovina 91.12 compare

See the full ranking of 166 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is govt expenditure share budget in Colombia?
Govt expenditure share budget in Colombia was 91.38 in 2023, according to Our World in Data.
What is the highest govt expenditure share budget recorded in Colombia?
The highest recorded value was 99.69 in 2005.
What is the lowest govt expenditure share budget recorded in Colombia?
The lowest recorded value was 86.76 in 2018.
How does Colombia rank for govt expenditure share budget?
Colombia ranks 124th out of 166 countries with data for 2023.
Is govt expenditure share budget rising or falling in Colombia?
Over the last ten years it is down 2.4%. The long-run trend across the full record is flat.
Where does this Colombia data come from?
The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.

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Govt expenditure share budget in Colombia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/govt-expenditure-share-budget/colombia/

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About this data

Indicator
Govt expenditure share budget
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,464 data points, 2004–2025
Last refreshed