Government Spending in Colombia increased to 36010.29 COP Billion in the third quarter of 2020 from 35997.89 COP Billion in the second quarter of 2020. source: Dane, Colombia
Government Spending in Colombia averaged 22728.26 COP Billion from 2000 until 2020, reaching an all time high of 36010.29 COP Billion in the third quarter of 2020 and a record low of 11533 COP Billion in the first quarter of 2000. This page provides - Colombia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Spending - values, historical data and charts - was last updated on November of 2020.
Government Spending in Colombia is expected to be 33120.00 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 38607.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 34710.00 COP Billion in 2021 and 35890.00 COP Billion in 2022, according to our econometric models.