R&D tax expenditure and direct government funding of BERD in Colombia
Colombia: R&D tax expenditure and direct government funding of BERD was 0.0638 Percentage of GDP in 2020. ▲ Rising
R&D tax expenditure and direct government funding of BERD in Colombia, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for r&d tax expenditure and direct government funding of berd in Colombia is 0.0638 Percentage of GDP, measured in 2020.
The figure is down 8.2% on the previous year and down 24.8% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Colombia peaked at 0.0984 Percentage of GDP in 2015 and was at its lowest, 0.0109 Percentage of GDP, in 2000.
That places Colombia 33rd out of 33 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
R&D tax expenditure and direct government funding of BERD in Colombia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0109 Percentage of GDP | — |
| 2001 | 0.0208 Percentage of GDP | +90.8% |
| 2002 | 0.0555 Percentage of GDP | +166.8% |
| 2003 | 0.0497 Percentage of GDP | -10.5% |
| 2004 | 0.055 Percentage of GDP | +10.7% |
| 2005 | 0.0487 Percentage of GDP | -11.5% |
| 2006 | 0.0577 Percentage of GDP | +18.5% |
| 2007 | 0.066 Percentage of GDP | +14.4% |
| 2008 | 0.0754 Percentage of GDP | +14.2% |
| 2009 | 0.0899 Percentage of GDP | +19.2% |
| 2010 | 0.0848 Percentage of GDP | -5.7% |
| 2011 | 0.0595 Percentage of GDP | -29.8% |
| 2012 | 0.0524 Percentage of GDP | -11.9% |
| 2013 | 0.0883 Percentage of GDP | +68.5% |
| 2014 | 0.086 Percentage of GDP | -2.6% |
| 2015 | 0.0984 Percentage of GDP | +14.4% |
| 2016 | 0.0765 Percentage of GDP | -22.3% |
| 2017 | 0.0892 Percentage of GDP | +16.6% |
| 2018 | 0.0749 Percentage of GDP | -16.0% |
| 2019 | 0.0695 Percentage of GDP | -7.2% |
| 2020 | 0.0638 Percentage of GDP | -8.2% |
Biggest year-on-year movements
Years where R&D tax expenditure and direct government funding of BERD in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +166.8% | 0.0208 Percentage of GDP | 0.0555 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.053 Percentage of GDP | 0.0109 Percentage of GDP | 0.0899 Percentage of GDP | 10 |
| 2010s | 0.0779 Percentage of GDP | 0.0524 Percentage of GDP | 0.0984 Percentage of GDP | 10 |
| 2020s | 0.0638 Percentage of GDP | 0.0638 Percentage of GDP | 0.0638 Percentage of GDP | 1 |
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)
- 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 r&d tax expenditure and direct government funding of berd in Colombia?
- R&d tax expenditure and direct government funding of berd in Colombia was 0.0638 Percentage of GDP in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd recorded in Colombia?
- The highest recorded value was 0.0984 Percentage of GDP in 2015.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Colombia?
- The lowest recorded value was 0.0109 Percentage of GDP in 2000.
- How does Colombia rank for r&d tax expenditure and direct government funding of berd?
- Colombia ranks 33rd out of 33 countries with data for 2020.
- Is r&d tax expenditure and direct government funding of berd rising or falling in Colombia?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of R&D tax expenditure and direct government funding of BERD — Government budget allocations for R&D (GBARD). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.