Government procurement share gdp in Colombia
Colombia: Government procurement share gdp was 10.33 in 2024. ▬ Flat
Latest (2024)
10.33
Change on year
down 2.6%
World rank
34th
of 43 countries
All-time high
11.69
in 2019
All-time low
9.79
in 2010
Years of data
18
2007–2024
Government procurement share gdp in Colombia, 2007–2024
Source: Our World in Data.
Analysis
Colombia recorded 10.33 for government procurement share gdp in 2024.
Compared with earlier readings it is down 2.6% on the previous year and down 8.3% over ten years.
Over the whole period, government procurement share gdp in Colombia peaked at 11.69 in 2019 and was at its lowest, 9.79, in 2010.
That places Colombia 34th out of 43 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.16 | 9.82 | 10.45 | 3 |
| 2010s | 11 | 9.79 | 11.69 | 10 |
| 2020s | 10.49 | 9.99 | 10.89 | 5 |
Countries ranked near Colombia
More economy & growth data for Colombia
- External balance on goods and services as a percent of gdp -5.4 (2025)
- Inflation of consumer prices 5.14 (2025)
- Gdp per capita worldbank constant usd 6,976 (2025)
- Manufacturing value added to gdp 9.9 (2025)
- Gdp worldbank constant usd 372.67 billion (2025)
- Gdp per capita in international and market dollars 6,976 (2025)
- DEC alternative conversion factor 4,053 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 65.68 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 16.20 billion current US$ (2025)
- Taxes less subsidies on products 181.46 trillion current LCU (2025)
Frequently asked questions
- What is government procurement share gdp in Colombia?
- Government procurement share gdp in Colombia was 10.33 in 2024, according to Our World in Data.
- What is the highest government procurement share gdp recorded in Colombia?
- The highest recorded value was 11.69 in 2019.
- What is the lowest government procurement share gdp recorded in Colombia?
- The lowest recorded value was 9.79 in 2010.
- How does Colombia rank for government procurement share gdp?
- Colombia ranks 34th out of 43 countries with data for 2024.
- Is government procurement share gdp rising or falling in Colombia?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).