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Government Expense / Colombia
Public Finance

Colombia Government Expense

Current and historical government expense data for Colombia, including latest value (33.34), trend, international ranking, comparison and source notes.
COUNTRY: Colombia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T19:04:56+02:00
Economy Data Rating
Colombia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
67 / 100
Stable economy
Fiscal stability 16.1 / 25
Macroeconomic stability 13.6 / 20
External stability 13 / 15
Financial robustness 8.3 / 15
Structural stability 4 / 10
Future capacity 6.3 / 10
Demographic capacity 4.2 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 93% of weighted inputs available.
Time range: 1998–2023 1998– 2023
1998 2023
Selected year: 2023 · Value: n/a 2023

Colombia · government expense as a percentage of gdp.

1998–2023
33.34 percent of GDP
32.39 percent of GDP
31.23 percent of GDP
32 selected year
max 8 6 4 2 0
1998 2008 2012 2016 2020 2023
government expense rate reference line

Countries by government expense

full ranking
Country Rate Class
Ukraine 65.56 high
Greece 47.3 high
Italy 47.28 high
France 47.26 high
Austria 46.03 high
Finland 44.93 medium
Slovenia 42.87 medium
Hungary 42.42 medium

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Brazil 32.43
Argentina 21.01
Chile 24.58
United States 24.9
Germany 31.17

Related indicators

internal links
Government Revenue GC.REV.XGRT.GD.ZS
Government Debt GC.DOD.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
Tax Revenue GC.TAX.TOTL.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.XPN.TOTL.GD.ZS

Cache: partial · Updated: 2026-06-05T19:04:56+02:00

Colombia Snapshot

country profile
Population 52.89 m
GDP 418.82 bn
Debt/GDP 71.48%
Inflation 6.61%
Unemployment 8.29%
Currency n/a
Region Latin America
Income group Upper middle income

Colombia Government Expense: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Government Expense for Colombia. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: colombia government expense rate, government expense data colombia, colombia government expense statistics, colombia percent of gdp.