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Colombia: Government expenditure (% of GDP)

Percent of GDP · 1905–2025 · 121 observations · forecasts to 2031 · govexp_GDP

2025
33.2%percent of GDP
Change on 2024
−1.2 pointsfrom 34.4%
Average, 2016–2025
33.2%10 years
Record high and low
35.1% (2023)low 4.65% (1919)

Government expenditure (% of GDP)

Report error
0%5%10%15%20%25%30%35%40%192019401960198020002020ColombiaColombia
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
203131.9Forecast
203031.9Forecast
202931.8Forecast
202831.9Forecast
202732.6Forecast
202633.0Forecast
202533.2
202434.4
202335.1
202234.1
202134.5
202033.7
201932.9
201834.7
201729.3
201630.0

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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