Africa's Development: Public finances General government … 16 in Colombia
Colombia: Africa's Development: Public finances General government … 16 was 31.68 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Colombia, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in Colombia is 31.68 Percentage of GDP, measured in 2029.
Compared with earlier readings it is down 1.0% on the previous year and down 3.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Colombia peaked at 35.04 Percentage of GDP in 2023 and was at its lowest, 25.89 Percentage of GDP, in 2005.
That places Colombia 64th out of 166 countries with data for 2029, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development: Public finances General government … 16 in Colombia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 26.57 Percentage of GDP | — |
| 2001 | 27.5 Percentage of GDP | +3.5% |
| 2002 | 28.06 Percentage of GDP | +2.1% |
| 2003 | 28 Percentage of GDP | -0.2% |
| 2004 | 26.62 Percentage of GDP | -4.9% |
| 2005 | 25.89 Percentage of GDP | -2.7% |
| 2006 | 28.44 Percentage of GDP | +9.9% |
| 2007 | 28.16 Percentage of GDP | -1.0% |
| 2008 | 28.43 Percentage of GDP | +0.9% |
| 2009 | 30.91 Percentage of GDP | +8.7% |
| 2010 | 30.35 Percentage of GDP | -1.8% |
| 2011 | 30.23 Percentage of GDP | -0.4% |
| 2012 | 29.09 Percentage of GDP | -3.8% |
| 2013 | 30 Percentage of GDP | +3.1% |
| 2014 | 31.26 Percentage of GDP | +4.2% |
| 2015 | 31.28 Percentage of GDP | +0.1% |
| 2016 | 29.99 Percentage of GDP | -4.1% |
| 2017 | 29.32 Percentage of GDP | -2.2% |
| 2018 | 34.66 Percentage of GDP | +18.2% |
| 2019 | 32.88 Percentage of GDP | -5.1% |
| 2020 | 33.54 Percentage of GDP | +2.0% |
| 2021 | 34.3 Percentage of GDP | +2.3% |
| 2022 | 33.93 Percentage of GDP | -1.1% |
| 2023 | 35.04 Percentage of GDP | +3.3% |
| 2024 | 33.89 Percentage of GDP | -3.3% |
| 2025 | 32.86 Percentage of GDP | -3.0% |
| 2026 | 32.28 Percentage of GDP | -1.8% |
| 2027 | 32.25 Percentage of GDP | -0.1% |
| 2028 | 32.01 Percentage of GDP | -0.8% |
| 2029 | 31.68 Percentage of GDP | -1.0% |
Colombia compared with similar countries
- Colombia's 31.68 Percentage of GDP is above the median for upper middle income countries, which is 30.06 Percentage of GDP, 1.1× the median. (50 countries reporting)
- Colombia's 31.68 Percentage of GDP is above the median for Latin America & Caribbean, which is 26.08 Percentage of GDP, 1.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.86 Percentage of GDP | 25.89 Percentage of GDP | 30.91 Percentage of GDP | 10 |
| 2010s | 30.91 Percentage of GDP | 29.09 Percentage of GDP | 34.66 Percentage of GDP | 10 |
| 2020s | 33.18 Percentage of GDP | 31.68 Percentage of GDP | 35.04 Percentage of GDP | 10 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Colombia?
- Africa's development dynamics (afdd) table 16 - public finances in Colombia was 31.68 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Colombia?
- The highest recorded value was 35.04 Percentage of GDP in 2023.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Colombia?
- The lowest recorded value was 25.89 Percentage of GDP in 2005.
- How does Colombia rank for africa's development dynamics (afdd) table 16 - public finances?
- Colombia ranks 64th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Colombia?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.