Government expense — all countries

Government expense — Colombia

Government expense in Colombia in 2023 — 33.28%. Ranked 32 in the world out of 87. Since 1998, the indicator has risen by 13.96 pp.

2023 33.28% +0.89 pp vs 2022
World rank 32of 87
Period maximum 36.55%2020
Period minimum 16.93%2000

Trend over time

1998–2023 · % of GDP

Government expense — Colombia, 1998–20231520253035401998200120042007201020132016201920221998: 19.32%1999: 22.12%2000: 16.93%2003: 27.62%2008: 24.57%2009: 24.73%2010: 25.4%2011: 24.22%2012: 25.03%2013: 33.29%2014: 30.16%2015: 26.82%2016: 28.63%2017: 27.5%2018: 29.97%2019: 31.3%2020: 36.55%2021: 35.66%2022: 32.39%2023: 33.28%
Change over the period: +13.96 pp Annual average: 0.56 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Colombia

Colombia 33.28%
Government expense — Colombia, by year Colombia All countries CSV XLSX
Year % Change, pp
2023 33.28 +0.89 pp
2022 32.39 −3.27 pp
2021 35.66 −0.89 pp
2020 36.55 +5.25 pp
2019 31.3 +1.33 pp
2018 29.97 +2.47 pp
2017 27.5 −1.13 pp
2016 28.63 +1.82 pp
2015 26.82 −3.35 pp
2014 30.16 −3.12 pp
2013 33.29 +8.25 pp
2012 25.03 +0.81 pp
2011 24.22 −1.18 pp
2010 25.4 +0.67 pp
2009 24.73 +0.16 pp
2008 24.57
2003 27.62
2000 16.93 −5.19 pp
1999 22.12 +2.8 pp
1998 19.32

South America, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Central government expense as a percent of GDP: compensation of public employees, purchases of goods and services, interest on debt, subsidies, grants and social benefits. The indicator is broader than government consumption from the national accounts, because it includes transfers — pensions and benefits — which the accounts record as household income. The quantity is closely tied to the level of income: in advanced countries it is usually twice as high as in the poorest ones.

Important: Central government only. In federations the spending of regions is not included here, so comparing unitary and federal states by this indicator calls for a caveat.

Source: World Development Indicators (World Bank), license CC BY 4.0.