Fiscal Expenditure in Colombia increased to 19964.08 COP Billion in June from 17054.69 COP Billion in May of 2020.

Fiscal Expenditure in Colombia averaged 3339.28 COP Billion from 1963 until 2020, reaching an all time high of 23023.60 COP Billion in December of 2019 and a record low of 0.12 COP Billion in January of 1963. This page provides - Colombia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Fiscal Expenditure - values, historical data and charts - was last updated on September of 2020. source: Banco de la República de Colombia

Fiscal Expenditure in Colombia is expected to be 16465.45 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Colombia to stand at 16274.71 in 12 months time. In the long-term, the Colombia Fiscal Expenditure is projected to trend around 16180.08 COP Billion in 2021 and 16174.54 COP Billion in 2022, according to our econometric models.

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Colombia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
19964.08 17054.69 23023.60 0.12 1963 - 2020 COP Billion Monthly

Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.40 48.60 48.60 23.30 percent [+]
Government Budget -2.50 -3.10 0.23 -8.47 percent of GDP [+]
Government Budget Value -9545.57 -4432.80 9207.09 -10366.03 COP Billion [+]
Government Spending 36081.35 35517.50 36081.35 11533.00 COP Billion [+]
Government Revenues 10418.51 12621.89 19932.08 0.09 COP Billion [+]
Fiscal Expenditure 19964.08 17054.69 23023.60 0.12 COP Billion [+]
Credit Rating 57.00 [+]
Military Expenditure 10303.00 10018.00 10303.00 358.00 USD Million [+]


Colombia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.