Economic Outlook No 118 … final consumption expenditure, volume in Colombia
Colombia: Economic Outlook No 118 … final consumption expenditure, volume was 177.48 trillion in 2027. ▲ Rising
Economic Outlook No 118 — Government final consumption expenditure in Colombia, 1994–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
Colombia recorded 177.48 trillion for economic outlook no 118 — government final consumption expenditure in 2027. That is the highest value across all 34 years on record.
That represents a change of up 1.0% on the previous year and up 41.1% over ten years.
Over the whole period, economic outlook no 118 — government final consumption expenditure in Colombia peaked at 177.48 trillion in 2027 and was at its lowest, 37.04 trillion, in 1994.
Colombia ranks 2nd of 39 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 34 years of available data.
Economic Outlook No 118 … final consumption expenditure, volume in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 37.04 trillion | — |
| 1995 | 40.38 trillion | +9.0% |
| 1996 | 49.71 trillion | +23.1% |
| 1997 | 57.47 trillion | +15.6% |
| 1998 | 58.70 trillion | +2.1% |
| 1999 | 60.90 trillion | +3.7% |
| 2000 | 60.77 trillion | -0.2% |
| 2001 | 62.12 trillion | +2.2% |
| 2002 | 61.76 trillion | -0.6% |
| 2003 | 62.89 trillion | +1.8% |
| 2004 | 66.91 trillion | +6.4% |
| 2005 | 70.38 trillion | +5.2% |
| 2006 | 74.04 trillion | +5.2% |
| 2007 | 77.43 trillion | +4.6% |
| 2008 | 81.06 trillion | +4.7% |
| 2009 | 84.92 trillion | +4.8% |
| 2010 | 89.36 trillion | +5.2% |
| 2011 | 95.15 trillion | +6.5% |
| 2012 | 99.72 trillion | +4.8% |
| 2013 | 108.60 trillion | +8.9% |
| 2014 | 113.67 trillion | +4.7% |
| 2015 | 119.19 trillion | +4.9% |
| 2016 | 121.36 trillion | +1.8% |
| 2017 | 125.78 trillion | +3.6% |
| 2018 | 135.03 trillion | +7.4% |
| 2019 | 142.15 trillion | +5.3% |
| 2020 | 141.07 trillion | -0.8% |
| 2021 | 154.92 trillion | +9.8% |
| 2022 | 156.45 trillion | +1.0% |
| 2023 | 158.90 trillion | +1.6% |
| 2024 | 159.97 trillion | +0.7% |
| 2025 | 170.68 trillion | +6.7% |
| 2026 | 175.69 trillion | +2.9% |
| 2027 | 177.48 trillion | +1.0% |
Colombia compared with similar countries
- Colombia's 177.48 trillion is above the median for upper middle income countries, which is 1.34 trillion, 132.9× the median. (8 countries reporting)
- Colombia's 177.48 trillion is above the median for Latin America & Caribbean, which is 2.84 trillion, 62.6× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.70 trillion | 37.04 trillion | 60.90 trillion | 6 |
| 2000s | 70.23 trillion | 60.77 trillion | 84.92 trillion | 10 |
| 2010s | 115.00 trillion | 89.36 trillion | 142.15 trillion | 10 |
| 2020s | 161.90 trillion | 141.07 trillion | 177.48 trillion | 8 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Real gdp growth, annual growth rate 76.96 % change on previous year (2025)
- 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)
Frequently asked questions
- What is economic outlook no 118 — government final consumption expenditure in Colombia?
- Economic outlook no 118 — government final consumption expenditure in Colombia was 177.48 trillion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — government final consumption expenditure recorded in Colombia?
- The highest recorded value was 177.48 trillion in 2027.
- What is the lowest economic outlook no 118 — government final consumption expenditure recorded in Colombia?
- The lowest recorded value was 37.04 trillion in 1994.
- How does Colombia rank for economic outlook no 118 — government final consumption expenditure?
- Colombia ranks 2nd out of 39 countries with data for 2027.
- Is economic outlook no 118 — government final consumption expenditure rising or falling in Colombia?
- Over the last ten years it is up 41.1%. 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 Economic Outlook No 118 — Government final consumption expenditure, volume. Statizoid updates them automatically from the source API.
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About this data
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