Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

Colombia: Government consumption

Millions of local currency · 1925–2025 · 101 observations · forecasts to 2026 · gcons

2025
285 trillionlocal currency
Change on 2024
+14.4%year on year
Average growth, 2015–2025
+9.1%a year
In US dollars, 2025
$70.2 billionUS dollars

Government consumption

Report error
10M1B100B10T1,000T19401960198020002020ColombiaColombia
ForecastLocal currency

Compare with other countries →Definition of Government consumption

Recent values

Millions of local currency

YearValue
2026300,700,000Forecast
2025284,600,000
2024248,800,000
2023232,000,000
2022205,700,000
2021191,400,000
2020171,300,000
2019167,200,000
2018152,300,000
2017137,000,000
2016125,600,000

Sources

  • Historical Financial Statistics1925–1996
  • Penn World Table1950–2019
  • Banco de la República, Colombia1950–2025
  • World Development Indicators1960–2025
  • United Nations1970–2024
  • OECD Economic Outlook1994–2025
  • IMF International Financial Statistics2005–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms