Economic Outlook No 117 — Government final consumption expenditure in Colombia

Colombia: Economic Outlook No 117 — Government final consumption expenditure was 290.07 trillion in 2026. ◆ Volatile

Latest (2026)
290.07 trillion
Change on year
up 6.1%
World rank
2nd
of 37 countries
All-time high
290.07 trillion
in 2026
All-time low
7.94 trillion
in 1994
Years of data
33
1994–2026

Economic Outlook No 117 — Government final consumption expenditure in Colombia, 1994–2026

0100.0T200.0T300.0T1994201020261994: 7.9T1995: 10.3T1996: 14.9T1997: 19.8T1998: 23.4T1999: 27.5T2000: 30.4T2001: 33.1T2002: 34.8T2003: 37.6T2004: 42.6T2005: 47.2T2006: 53.0T2007: 58.8T2008: 62.6T2009: 69.2T2010: 74.9T2011: 82.6T2012: 89.8T2013: 100.7T2014: 108.7T2015: 119.2T2016: 125.6T2017: 137.0T2018: 152.3T2019: 167.2T2020: 171.3T2021: 191.4T2022: 206.0T2023: 232.2T2024: 254.1T2025: 273.4T2026: 290.1T

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 117 — government final consumption expenditure in Colombia is 290.07 trillion, measured in 2026. That is the highest value across all 33 years on record.

That represents a change of up 6.1% on the previous year and up 130.9% over ten years.

Over the whole period, economic outlook no 117 — government final consumption expenditure in Colombia peaked at 290.07 trillion in 2026 and was at its lowest, 7.94 trillion, in 1994.

That places Colombia 2nd out of 37 countries with data for 2026, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 117 — Government final consumption expenditure in Colombia, year by year

Annual values for Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach in Colombia, 1994 to 2026.
Year Value Change
1994 7.94 trillion
1995 10.28 trillion +29.5%
1996 14.86 trillion +44.5%
1997 19.85 trillion +33.6%
1998 23.39 trillion +17.8%
1999 27.53 trillion +17.7%
2000 30.36 trillion +10.3%
2001 33.06 trillion +8.9%
2002 34.78 trillion +5.2%
2003 37.57 trillion +8.0%
2004 42.65 trillion +13.5%
2005 47.17 trillion +10.6%
2006 52.97 trillion +12.3%
2007 58.83 trillion +11.1%
2008 62.64 trillion +6.5%
2009 69.24 trillion +10.5%
2010 74.86 trillion +8.1%
2011 82.64 trillion +10.4%
2012 89.81 trillion +8.7%
2013 100.67 trillion +12.1%
2014 108.67 trillion +7.9%
2015 119.19 trillion +9.7%
2016 125.61 trillion +5.4%
2017 136.97 trillion +9.0%
2018 152.33 trillion +11.2%
2019 167.21 trillion +9.8%
2020 171.33 trillion +2.5%
2021 191.37 trillion +11.7%
2022 206.03 trillion +7.7%
2023 232.20 trillion +12.7%
2024 254.08 trillion +9.4%
2025 273.41 trillion +7.6%
2026 290.07 trillion +6.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.31 trillion 7.94 trillion 27.53 trillion 6
2000s 46.93 trillion 30.36 trillion 69.24 trillion 10
2010s 115.80 trillion 74.86 trillion 167.21 trillion 10
2020s 231.21 trillion 171.33 trillion 290.07 trillion 7

Countries ranked near Colombia

  1. 1 Indonesia 2,087.03 trillion compare
  2. 1 Türkiye 11.25 trillion compare
  3. 3 Argentina 191.67 trillion compare
  4. 3 Croatia 23.26 billion compare
  5. 3 Poland 864.43 billion compare
  6. 4 Japan 133.52 trillion compare
  7. 4 Netherlands 319.80 billion compare
  8. 5 Chile 54.11 trillion compare
  9. 5 Lithuania 18.18 billion compare

See the full ranking of 48 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is economic outlook no 117 — government final consumption expenditure in Colombia?
Economic outlook no 117 — government final consumption expenditure in Colombia was 290.07 trillion in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — government final consumption expenditure recorded in Colombia?
The highest recorded value was 290.07 trillion in 2026.
What is the lowest economic outlook no 117 — government final consumption expenditure recorded in Colombia?
The lowest recorded value was 7.94 trillion in 1994.
How does Colombia rank for economic outlook no 117 — government final consumption expenditure?
Colombia ranks 2nd out of 37 countries with data for 2026.
Is economic outlook no 117 — government final consumption expenditure rising or falling in Colombia?
Over the last ten years it is up 130.9%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Government final consumption expenditure in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-government-final-consumption-expenditure-nominal-value-gdp/colombia/

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About this data

Indicator
Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,363 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP