Public expenditure on old-age and survivors cash benefits in % GDP in Colombia
Colombia: Public expenditure on old-age and survivors cash benefits in % GDP was 5.7 Percentage of GDP in 2023. ▬ Flat
Public expenditure on old-age and survivors cash benefits in % GDP in Colombia, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Colombia recorded 5.7 Percentage of GDP for public expenditure on old-age and survivors cash benefits in % gdp in 2023.
The figure is up 12.3% on the previous year and up 4.3% over ten years.
Over the whole period, public expenditure on old-age and survivors cash benefits in % gdp in Colombia peaked at 6.33 Percentage of GDP in 2020 and was at its lowest, 5.08 Percentage of GDP, in 2022.
Colombia ranks 24th of 33 countries on this measure, in the middle of the range.
Public expenditure on old-age and survivors cash benefits in % GDP in Colombia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 5.51 Percentage of GDP | — |
| 2011 | 5.46 Percentage of GDP | -0.8% |
| 2012 | 5.41 Percentage of GDP | -1.1% |
| 2013 | 5.47 Percentage of GDP | +1.1% |
| 2014 | 5.8 Percentage of GDP | +6.1% |
| 2015 | 5.91 Percentage of GDP | +1.9% |
| 2016 | 6.05 Percentage of GDP | +2.4% |
| 2017 | 5.89 Percentage of GDP | -2.6% |
| 2018 | 5.75 Percentage of GDP | -2.4% |
| 2019 | 5.7 Percentage of GDP | -0.9% |
| 2020 | 6.33 Percentage of GDP | +11.2% |
| 2021 | 5.62 Percentage of GDP | -11.3% |
| 2022 | 5.08 Percentage of GDP | -9.6% |
| 2023 | 5.7 Percentage of GDP | +12.3% |
Colombia compared with similar countries
- Colombia's 5.7 Percentage of GDP is above the median for Latin America & Caribbean, which is 4.94 Percentage of GDP, 1.2× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.69 Percentage of GDP | 5.41 Percentage of GDP | 6.05 Percentage of GDP | 10 |
| 2020s | 5.68 Percentage of GDP | 5.08 Percentage of GDP | 6.33 Percentage of GDP | 4 |
Countries ranked near Colombia
- 21 Switzerland 6.56 Percentage of GDP compare
- 22 Norway 6.46 Percentage of GDP compare
- 23 Canada 5.87 Percentage of GDP compare
- 25 Mexico 5.32 Percentage of GDP compare
- 26 New Zealand 5.12 Percentage of GDP compare
- 27 Costa Rica 4.94 Percentage of GDP compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is public expenditure on old-age and survivors cash benefits in % gdp in Colombia?
- Public expenditure on old-age and survivors cash benefits in % gdp in Colombia was 5.7 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest public expenditure on old-age and survivors cash benefits in % gdp recorded in Colombia?
- The highest recorded value was 6.33 Percentage of GDP in 2020.
- What is the lowest public expenditure on old-age and survivors cash benefits in % gdp recorded in Colombia?
- The lowest recorded value was 5.08 Percentage of GDP in 2022.
- How does Colombia rank for public expenditure on old-age and survivors cash benefits in % gdp?
- Colombia ranks 24th out of 33 countries with data for 2023.
- Is public expenditure on old-age and survivors cash benefits in % gdp rising or falling in Colombia?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Public expenditure on old-age and survivors cash benefits in % GDP — Social expenditure. Statizoid updates them automatically from the source API.
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About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.