Share of government expenditure going to interest payments in Colombia

Colombia: Share of government expenditure going to interest payments was 13.19 in 2023. ▼ Falling

Latest (2023)
13.19
Change on year
down 1.8%
World rank
37th
of 152 countries
All-time high
18.87
in 2000
All-time low
7.36
in 2013
Years of data
20
1998–2023

Share of government expenditure going to interest payments in Colombia, 1998–2023

051015201998201020231998: 15.71999: 15.52000: 18.92003: 17.32008: 12.72009: 13.12010: 112011: 10.82012: 9.72013: 7.42014: 7.52015: 8.82016: 10.62017: 10.62018: 9.92019: 10.32020: 9.42021: 10.32022: 13.42023: 13.2

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Colombia is 13.19, measured in 2023.

Compared with earlier readings it is down 1.8% on the previous year and up 79.2% over ten years.

Over the whole period, share of government expenditure going to interest payments in Colombia peaked at 18.87 in 2000 and was at its lowest, 7.36, in 2013.

Colombia ranks 37th of 152 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Share of government expenditure going to interest payments in Colombia, year by year

Annual values for Share of government expenditure going to interest payments in Colombia, 1998 to 2023.
Year Value Change
1998 15.73
1999 15.49 -1.5%
2000 18.87 +21.8%
2003 17.27 -8.5%
2008 12.74 -26.2%
2009 13.09 +2.8%
2010 11 -16.0%
2011 10.77 -2.1%
2012 9.65 -10.4%
2013 7.36 -23.8%
2014 7.54 +2.4%
2015 8.78 +16.5%
2016 10.61 +20.9%
2017 10.63 +0.2%
2018 9.9 -6.9%
2019 10.3 +4.1%
2020 9.42 -8.5%
2021 10.29 +9.3%
2022 13.43 +30.5%
2023 13.19 -1.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.61 15.49 15.73 2
2000s 15.5 12.74 18.87 4
2010s 9.65 7.36 11 10
2020s 11.58 9.42 13.43 4

Countries ranked near Colombia

  1. 34 El Salvador 14.1 compare
  2. 35 Panama 13.36 compare
  3. 36 Senegal 13.2 compare
  4. 38 United States of America 12.9 compare
  5. 39 Armenia 12.74 compare
  6. 40 Tanzania, United Republic of 12.56 compare

See the full ranking of 152 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is share of government expenditure going to interest payments in Colombia?
Share of government expenditure going to interest payments in Colombia was 13.19 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Colombia?
The highest recorded value was 18.87 in 2000.
What is the lowest share of government expenditure going to interest payments recorded in Colombia?
The lowest recorded value was 7.36 in 2013.
How does Colombia rank for share of government expenditure going to interest payments?
Colombia ranks 37th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Colombia?
Over the last ten years it is up 79.2%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Colombia. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/colombia/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed