Fiscal Expenditure in Colombia decreased to 19739.72 COP Billion in March from 20498.08 COP Billion in February of 2021. source: Banco de la República de Colombia

Fiscal Expenditure in Colombia averaged 3562.86 COP Billion from 1963 until 2021, reaching an all time high of 31167.41 COP Billion in December of 2020 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 2021.

Fiscal Expenditure in Colombia is expected to be 19000.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Fiscal Expenditure is projected to trend around 18500.00 COP Billion in 2022 and 18000.00 COP Billion in 2023, according to our econometric models.

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Colombia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
19739.72 20498.08 31167.41 0.12 1963 - 2021 COP Billion Monthly

Colombia Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.80 52.30 62.80 23.30 percent of GDP [+]
Government Budget -7.80 -2.50 0.23 -8.47 percent of GDP [+]
Government Budget Value 448.13 -10497.09 9207.09 -19244.85 COP Billion [+]
Government Spending 40117.85 37730.57 40117.85 11533.00 COP Billion [+]
Government Revenues 20187.85 10001.00 20187.85 0.09 COP Billion [+]
Fiscal Expenditure 19739.72 20498.08 31167.41 0.12 COP Billion [+]
Credit Rating 56.00 [+]
Military Expenditure 10133.00 10168.00 10168.00 344.00 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.