R&D tax expenditure and direct government funding of BERD in Colombia
Colombia: R&D tax expenditure and direct government funding of BERD was 0.0018 Percentage of GDP in 2020. ◆ Volatile
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
Colombia recorded 0.0018 Percentage of GDP for r&d tax expenditure and direct government funding of berd in 2020.
The figure is up 12.5% on the previous year and up 100.0% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd in Colombia peaked at 0.0162 Percentage of GDP in 2009 and was at its lowest, 0 Percentage of GDP, in 2000.
That places Colombia 38th out of 38 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
R&D tax expenditure and direct government funding of BERD in Colombia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0 Percentage of GDP | — |
| 2001 | 0 Percentage of GDP | +1900.0% |
| 2002 | 0.0002 Percentage of GDP | +900.0% |
| 2003 | 0.0003 Percentage of GDP | +50.0% |
| 2004 | 0.0005 Percentage of GDP | +66.7% |
| 2005 | 0.0006 Percentage of GDP | +20.0% |
| 2006 | 0 Percentage of GDP | -99.3% |
| 2007 | 0.0007 Percentage of GDP | +17400.0% |
| 2008 | 0.0007 Percentage of GDP | +0.0% |
| 2009 | 0.0162 Percentage of GDP | +2214.3% |
| 2010 | 0.0009 Percentage of GDP | -94.4% |
| 2011 | 0 Percentage of GDP | -99.7% |
| 2012 | 0.0008 Percentage of GDP | +26566.7% |
| 2013 | 0.0009 Percentage of GDP | +12.5% |
| 2014 | 0.0027 Percentage of GDP | +200.0% |
| 2015 | 0.0059 Percentage of GDP | +118.5% |
| 2016 | 0.0025 Percentage of GDP | -57.6% |
| 2017 | 0.0013 Percentage of GDP | -48.0% |
| 2018 | 0.0021 Percentage of GDP | +61.5% |
| 2019 | 0.0016 Percentage of GDP | -23.8% |
| 2020 | 0.0018 Percentage of GDP | +12.5% |
Colombia compared with similar countries
- Colombia's 0.0018 Percentage of GDP is below the median for upper middle income countries, which is 0.0105 Percentage of GDP, 17% of the median. (6 countries reporting)
- Colombia's 0.0018 Percentage of GDP is below the median for Latin America & Caribbean, which is 0.0087 Percentage of GDP, 21% of the median. (6 countries reporting)
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 |
|---|---|---|---|
| 2012 | +26566.7% | 0 Percentage of GDP | 0.0008 Percentage of GDP |
| 2007 | +17400.0% | 0 Percentage of GDP | 0.0007 Percentage of GDP |
| 2009 | +2214.3% | 0.0007 Percentage of GDP | 0.0162 Percentage of GDP |
| 2001 | +1900.0% | 0 Percentage of GDP | 0 Percentage of GDP |
| 2002 | +900.0% | 0 Percentage of GDP | 0.0002 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0019 Percentage of GDP | 0 Percentage of GDP | 0.0162 Percentage of GDP | 10 |
| 2010s | 0.0019 Percentage of GDP | 0 Percentage of GDP | 0.0059 Percentage of GDP | 10 |
| 2020s | 0.0018 Percentage of GDP | 0.0018 Percentage of GDP | 0.0018 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 0.0018 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 0.0162 Percentage of GDP in 2009.
- What is the lowest r&d tax expenditure and direct government funding of berd recorded in Colombia?
- The lowest recorded value was 0 Percentage of GDP in 2000.
- How does Colombia rank for r&d tax expenditure and direct government funding of berd?
- Colombia ranks 38th out of 38 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 up 100.0%. The long-run trend across the full record is volatile.
- 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-financed BERD. Statizoid updates them automatically from the source API.
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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.