Government revenue — all countries

Government revenue — Colombia

Government revenue in Colombia in 2024 — 25.85%. Ranked 52 in the world out of 89. Since 1998, the indicator has risen by 7.66 pp.

2024 25.85% −2.52 pp vs 2023
World rank 52of 89
Period maximum 28.37%2023
Period minimum 15.49%2000

Trend over time

1998–2024 · % of GDP

Government revenue — Colombia, 1998–20241520253019982001200420072010201320162019202220241998: 18.19%1999: 18%2000: 15.49%2003: 22.84%2008: 21.9%2009: 20.95%2010: 21.57%2011: 23.49%2012: 26.34%2013: 24.5%2014: 23.45%2015: 24.1%2016: 24.22%2017: 22.58%2018: 23.48%2019: 25.58%2020: 23.69%2021: 24.13%2022: 25.41%2023: 28.37%2024: 25.85%
Change over the period: +7.66 pp Annual average: 0.29 pp

Comparison, 2024

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

Colombia 25.85%
World 23.9%
Government revenue — Colombia, by year Colombia All countries CSV XLSX
Year % Change, pp
2024 25.85 −2.52 pp
2023 28.37 +2.96 pp
2022 25.41 +1.28 pp
2021 24.13 +0.44 pp
2020 23.69 −1.89 pp
2019 25.58 +2.1 pp
2018 23.48 +0.89 pp
2017 22.58 −1.64 pp
2016 24.22 +0.12 pp
2015 24.1 +0.66 pp
2014 23.45 −1.05 pp
2013 24.5 −1.84 pp
2012 26.34 +2.84 pp
2011 23.49 +1.92 pp
2010 21.57 +0.63 pp
2009 20.95 −0.95 pp
2008 21.9
2003 22.84
2000 15.49 −2.51 pp
1999 18 −0.18 pp
1998 18.19

South America, 2024

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

About the indicator

Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.

Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.

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