Central government debt, total in Colombia
Colombia: Central government debt, total was 71.2% in 2024. ▲ Rising
Central government debt, total in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, central government debt, total in Colombia stood at 71.2%.
That represents a change of up 48.4% over ten years.
Over the whole period, central government debt, total in Colombia peaked at 91.2% in 2020 and was at its lowest, 5.4%, in 1998.
Colombia ranks 23rd of 83 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Central government debt, total in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 5.4% | — |
| 1999 | 19.1% | +252.8% |
| 2000 | 17.7% | -7.1% |
| 2003 | 52.5% | +196.7% |
| 2008 | 65.2% | +24.2% |
| 2009 | 69.0% | +5.8% |
| 2010 | 72.5% | +5.0% |
| 2011 | 62.9% | -13.2% |
| 2012 | 65.2% | +3.8% |
| 2013 | 67.1% | +2.9% |
| 2014 | 48.0% | -28.5% |
| 2015 | 53.3% | +11.1% |
| 2016 | 66.9% | +25.6% |
| 2017 | 66.7% | -0.3% |
| 2018 | 71.7% | +7.4% |
| 2019 | 72.7% | +1.5% |
| 2020 | 91.2% | +25.4% |
| 2021 | 80.4% | -11.8% |
| 2022 | 70.3% | -12.6% |
| 2023 | 71.2% | +1.4% |
| 2024 | 71.2% | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.2% | 5.4% | 19.1% | 2 |
| 2000s | 51.1% | 17.7% | 69.0% | 4 |
| 2010s | 64.7% | 48.0% | 72.7% | 10 |
| 2020s | 76.9% | 70.3% | 91.2% | 5 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,967 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 25.40 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.63 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6256 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,356 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 10.01 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8868 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is central government debt, total in Colombia?
- Central government debt, total in Colombia was 71.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Colombia?
- The highest recorded value was 91.2% in 2020.
- What is the lowest central government debt, total recorded in Colombia?
- The lowest recorded value was 5.4% in 1998.
- How does Colombia rank for central government debt, total?
- Colombia ranks 23rd out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Colombia?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.