Economic Outlook No 118 — General government final consumption in Colombia

Colombia: Economic Outlook No 118 — General government final consumption was 321.35 trillion in 2027. ◆ Volatile

Latest (2027)
321.35 trillion
Change on year
up 5.0%
World rank
1st
of 28 countries
All-time high
321.35 trillion
in 2027
All-time low
30.36 trillion
in 2000
Years of data
28
2000–2027

Economic Outlook No 118 — General government final consumption in Colombia, 2000–2027

0100.0T200.0T300.0T2000201320272000: 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: 250.9T2025: 281.1T2026: 306.2T2027: 321.4T

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 118 — general government final consumption in Colombia is 321.35 trillion, measured in 2027. That is the highest value across all 28 years on record.

Compared with earlier readings it is up 5.0% on the previous year and up 134.6% over ten years.

Over the whole period, economic outlook no 118 — general government final consumption in Colombia peaked at 321.35 trillion in 2027 and was at its lowest, 30.36 trillion, in 2000.

That places Colombia 1st out of 28 countries with data for 2027, 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 118 — General government final consumption in Colombia, year by year

Annual values for Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account in Colombia, 2000 to 2027.
Year Value Change
2000 30.36 trillion
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 250.94 trillion +8.1%
2025 281.06 trillion +12.0%
2026 306.19 trillion +8.9%
2027 321.35 trillion +5.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 46.93 trillion 30.36 trillion 69.24 trillion 10
2010s 115.80 trillion 74.86 trillion 167.21 trillion 10
2020s 245.06 trillion 171.33 trillion 321.35 trillion 8

Countries ranked near Colombia

  1. 2 Poland 916.39 billion compare
  2. 2 Japan 139.28 trillion compare
  3. 3 Croatia 24.58 billion compare
  4. 3 Hungary 20.04 trillion compare
  5. 3 Netherlands 333.38 billion compare
  6. 4 United States of America 4.43 trillion compare
  7. 4 Lithuania 18.44 billion compare

See the full ranking of 38 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is economic outlook no 118 — general government final consumption in Colombia?
Economic outlook no 118 — general government final consumption in Colombia was 321.35 trillion in 2027, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 118 — general government final consumption recorded in Colombia?
The highest recorded value was 321.35 trillion in 2027.
What is the lowest economic outlook no 118 — general government final consumption recorded in Colombia?
The lowest recorded value was 30.36 trillion in 2000.
How does Colombia rank for economic outlook no 118 — general government final consumption?
Colombia ranks 1st out of 28 countries with data for 2027.
Is economic outlook no 118 — general government final consumption rising or falling in Colombia?
Over the last ten years it is up 134.6%. 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 118 — General government final consumption expenditure, nominal value, appropriation account. Statizoid updates them automatically from the source API.

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Economic Outlook No 118 — General government final consumption in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-118-general-government-final-consumption-expenditure-nominal-value/colombia/

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About this data

Indicator
Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,835 data points, 1960–2027
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 118 (Edition 2025/2) EO118 Database documentation EO118 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