Historical gov spending gdp in Colombia
Colombia: Historical gov spending gdp was 34.65 in 2024. ◆ Volatile
Latest (2024)
34.65
Change on year
down 1.4%
World rank
57th
of 151 countries
All-time high
35.12
in 2023
All-time low
4
in 1919
Years of data
120
1905–2024
Historical gov spending gdp in Colombia, 1905–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Colombia stood at 34.65.
That represents a change of down 1.4% on the previous year and up 10.8% over ten years.
Over the whole period, historical gov spending gdp in Colombia peaked at 35.12 in 2023 and was at its lowest, 4, in 1919.
That places Colombia 57th out of 151 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 8.04 | 5.4 | 10.5 | 5 |
| 1910s | 5.14 | 4 | 6.3 | 10 |
| 1920s | 5.19 | 4.4 | 6.4 | 10 |
| 1930s | 5.15 | 4.1 | 6.4 | 10 |
| 1940s | 5.3 | 4.5 | 6.1 | 10 |
| 1950s | 6.52 | 5.2 | 10 | 10 |
| 1960s | 8.11 | 6.7 | 9.2 | 10 |
| 1970s | 9.06 | 7.7 | 10.3 | 10 |
| 1980s | 10.12 | 9.6 | 10.6 | 10 |
| 1990s | 13.87 | 9.4 | 19.3 | 10 |
| 2000s | 27.86 | 25.89 | 30.91 | 10 |
| 2010s | 30.91 | 29.09 | 34.66 | 10 |
| 2020s | 34.41 | 33.71 | 35.12 | 5 |
Countries ranked near Colombia
- 54 North Macedonia 36.73 compare
- 55 Bulgaria 36.65 compare
- 56 Solomon Islands 35.81 compare
- 58 Azerbaijan 33.91 compare
- 59 Tunisia 33.83 compare
- 60 Seychelles 33.77 compare
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 historical gov spending gdp in Colombia?
- Historical gov spending gdp in Colombia was 34.65 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Colombia?
- The highest recorded value was 35.12 in 2023.
- What is the lowest historical gov spending gdp recorded in Colombia?
- The lowest recorded value was 4 in 1919.
- How does Colombia rank for historical gov spending gdp?
- Colombia ranks 57th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Colombia?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 120 observations, free to reuse under CC BY 4.0 (Our World in Data).