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Colombia: Government deficit (% of GDP)

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

Government deficit (% of GDP)

Report error
-8%-6%-4%-2%0%2%4%192019401960198020002020ColombiaColombia, 1906: 0.20%Colombia
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
2031-2.41Forecast
2030-2.39Forecast
2029-2.51Forecast
2028-2.74Forecast
2027-4.32Forecast
2026-5.15Forecast
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

This series is derived from other GMD variables.

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 →

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