Colombia: General government deficit (% of GDP)

Name: Colombia: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1906–2025 · 91 observations · forecasts to 2031 · gen_govdef_GDP

2025: −5.75%percent of GDP
Change on 2024: +0.3 pointsfrom −6.04%
Average, 2016–2025: −4.84%10 years
Record high and low: 2.10% (1951)low −7.28% (2021)

General government deficit (% of GDP)

Report error

ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2031	-2.41	Forecast
2030	-2.39	Forecast
2029	-2.51	Forecast
2028	-2.74	Forecast
2027	-4.32	Forecast
2026	-5.15	Forecast
2025	-5.75
2024	-6.04
2023	-2.92
2022	-6.36
2021	-7.28
2020	-7.12
2019	-3.48
2018	-4.67
2017	-2.50
2016	-2.27

Sources

IMF Fiscal Policy Panel1906–2023
Kehoe & Nicolini1960–2017
IMF World Economic Outlook1982–2025
IMF Government Finance Statistics1998–2024
IMF WEO (forecast)2025–2031

Compare these sources →

Colombia documentation (PDF)

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

General government deficit (% of GDP)

Recent values

Sources

More for Colombia

General government deficit (% of GDP) elsewhere