Fiscal Expenditure in Colombia increased to 33787.62 COP Billion in June from 22764.05 COP Billion in May of 2022. source: Banco de la República de Colombia

Fiscal Expenditure in Colombia averaged 3973.81 COP Billion from 1963 until 2022, reaching an all time high of 33787.62 COP Billion in June of 2022 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 November of 2022.

Fiscal Expenditure in Colombia is expected to be 18500.00 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 2023 and 18000.00 COP Billion in 2024, according to our econometric models.

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Colombia Fiscal Expenditure

Related Last Previous Unit Reference
Government Budget -7.10 -7.80 percent of GDP Dec 2021
Government Budget Value -9358.08 -811.90 COP Billion Jun 2022
Government Revenues 24429.53 21952.14 COP Billion Jun 2022
Fiscal Expenditure 33787.62 22764.05 COP Billion Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
33787.62 22764.05 33787.62 0.12 1963 - 2022 COP Billion Monthly