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.
Government procurement share gdp in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 10.21 | — |
| 2008 | 9.82 | -3.8% |
| 2009 | 10.45 | +6.4% |
| 2010 | 9.79 | -6.3% |
| 2011 | 10.36 | +5.8% |
| 2012 | 10.72 | +3.5% |
| 2013 | 11.25 | +5.0% |
| 2014 | 11.27 | +0.2% |
| 2015 | 11.45 | +1.5% |
| 2016 | 10.9 | -4.8% |
| 2017 | 10.93 | +0.2% |
| 2018 | 11.64 | +6.5% |
| 2019 | 11.69 | +0.5% |
| 2020 | 10.89 | -6.9% |
| 2021 | 10.61 | -2.6% |
| 2022 | 9.99 | -5.8% |
| 2023 | 10.61 | +6.2% |
| 2024 | 10.33 | -2.6% |
Colombia compared with similar countries
- Colombia's 10.33 is above the median for upper middle income countries, which is 9.8, 1.1× the median. (6 countries reporting)
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
- 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 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.
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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).