Government revenues as a share of GDP in Colombia
Colombia: Government revenues as a share of GDP was 35.0% in 2023. ▲ Rising
Government revenues as a share of GDP in Colombia, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for government revenues as a share of gdp in Colombia is 35.0%, measured in 2023. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 13.1% on the previous year and up 19.0% over ten years.
Over the whole period, government revenues as a share of gdp in Colombia peaked at 35.0% in 2023 and was at its lowest, 14.1%, in 2002.
That places Colombia 61st out of 174 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Government revenues as a share of GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.5% | — |
| 2001 | 15.3% | -29.0% |
| 2002 | 14.1% | -7.5% |
| 2003 | 26.7% | +89.1% |
| 2004 | 19.9% | -25.7% |
| 2005 | 18.7% | -5.7% |
| 2006 | 21.9% | +16.9% |
| 2007 | 24.3% | +10.8% |
| 2008 | 27.1% | +11.8% |
| 2009 | 26.3% | -3.1% |
| 2010 | 26.8% | +2.0% |
| 2011 | 28.7% | +7.0% |
| 2012 | 31.9% | +11.2% |
| 2013 | 29.4% | -7.9% |
| 2014 | 29.4% | -0.2% |
| 2015 | 29.8% | +1.4% |
| 2016 | 29.0% | -2.5% |
| 2017 | 28.0% | -3.6% |
| 2018 | 29.1% | +3.8% |
| 2019 | 31.3% | +7.8% |
| 2020 | 28.8% | -8.1% |
| 2021 | 28.9% | +0.3% |
| 2022 | 30.9% | +7.2% |
| 2023 | 35.0% | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.6% | 14.1% | 27.1% | 10 |
| 2010s | 29.3% | 26.8% | 31.9% | 10 |
| 2020s | 30.9% | 28.8% | 35.0% | 4 |
Countries ranked near Colombia
More economy & growth data for Colombia
- 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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,967 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 25.40 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.63 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6256 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,356 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 10.01 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8868 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Colombia?
- Government revenues as a share of gdp in Colombia was 35.0% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Colombia?
- The highest recorded value was 35.0% in 2023.
- What is the lowest government revenues as a share of gdp recorded in Colombia?
- The lowest recorded value was 14.1% in 2002.
- How does Colombia rank for government revenues as a share of gdp?
- Colombia ranks 61st out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Colombia?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.