Government Spending in Colombia decreased to 33314.37 COP Billion in the first quarter of 2019 from 34153.12 COP Billion in the fourth quarter of 2018. Government Spending in Colombia averaged 21703.52 COP Billion from 2000 until 2019, reaching an all time high of 34153.12 COP Billion in the fourth quarter of 2018 and a record low of 11533 COP Billion in the first quarter of 2000.
Government Spending in Colombia is expected to be 33543.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Colombia to stand at 35246.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 37720.00 COP Billion in 2020, according to our econometric models.