Government Budget in Colombia averaged -3.74 percent of GDP from 2001 until 2020, reaching an all time high of 0.23 percent of GDP in 2005 and a record low of -8.47 percent of GDP in 2004. This page provides - Colombia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Government Budget - values, historical data and charts - was last updated on May of 2021.
Government Budget in Colombia is expected to reach -8.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Government Budget is projected to trend around -5.50 percent of GDP in 2022 and -3.50 percent of GDP in 2023, according to our econometric models.