R&D tax expenditure and direct government funding of BERD — Sum of in Colombia

Colombia: R&D tax expenditure and direct government funding of BERD — Sum of was 0.0139 Percentage of GDP in 2020. ◆ Volatile

Latest (2020)
0.0139 Percentage of GDP
Change on year
up 93.1%
World rank
32nd
of 37 countries
All-time high
0.0187 Percentage of GDP
in 2015
All-time low
0.0015 Percentage of GDP
in 2007
Years of data
21
2000–2020

R&D tax expenditure and direct government funding of BERD — Sum of in Colombia, 2000–2020

00.0050.010.0150.022000201020202000: 0.002 Percentage of GDP2001: 0.004 Percentage of GDP2002: 0.002 Percentage of GDP2003: 0.003 Percentage of GDP2004: 0.003 Percentage of GDP2005: 0.002 Percentage of GDP2006: 0.003 Percentage of GDP2007: 0.002 Percentage of GDP2008: 0.002 Percentage of GDP2009: 0.017 Percentage of GDP2010: 0.005 Percentage of GDP2011: 0.01 Percentage of GDP2012: 0.013 Percentage of GDP2013: 0.007 Percentage of GDP2014: 0.014 Percentage of GDP2015: 0.019 Percentage of GDP2016: 0.011 Percentage of GDP2017: 0.007 Percentage of GDP2018: 0.009 Percentage of GDP2019: 0.007 Percentage of GDP2020: 0.014 Percentage of GDP

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 — sum of in Colombia is 0.0139 Percentage of GDP, measured in 2020.

That represents a change of up 93.1% on the previous year and up 189.6% over ten years.

Over the whole period, r&d tax expenditure and direct government funding of berd — sum of in Colombia peaked at 0.0187 Percentage of GDP in 2015 and was at its lowest, 0.0015 Percentage of GDP, in 2007.

Colombia ranks 32nd of 37 countries on this measure, 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 — Sum of in Colombia, year by year

Annual values for R&D tax expenditure and direct government funding of BERD — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD in Colombia, 2000 to 2020.
Year Percentage of GDP Change
2000 0.0016 Percentage of GDP
2001 0.0038 Percentage of GDP +137.5%
2002 0.0022 Percentage of GDP -42.1%
2003 0.0028 Percentage of GDP +27.3%
2004 0.0031 Percentage of GDP +10.7%
2005 0.0024 Percentage of GDP -22.6%
2006 0.0028 Percentage of GDP +16.7%
2007 0.0015 Percentage of GDP -46.4%
2008 0.0024 Percentage of GDP +60.0%
2009 0.0172 Percentage of GDP +616.7%
2010 0.0048 Percentage of GDP -72.1%
2011 0.0097 Percentage of GDP +102.1%
2012 0.0133 Percentage of GDP +37.1%
2013 0.0066 Percentage of GDP -50.4%
2014 0.0143 Percentage of GDP +116.7%
2015 0.0187 Percentage of GDP +30.8%
2016 0.0111 Percentage of GDP -40.6%
2017 0.0071 Percentage of GDP -36.0%
2018 0.009 Percentage of GDP +26.8%
2019 0.0072 Percentage of GDP -20.0%
2020 0.0139 Percentage of GDP +93.1%

Colombia compared with similar countries

  • Colombia's 0.0139 Percentage of GDP is below the median for Latin America & Caribbean, which is 0.0147 Percentage of GDP, 94% of the median. (6 countries reporting)
  • Colombia's 0.0139 Percentage of GDP is below the median for upper middle income countries, which is 0.0148 Percentage of GDP, 94% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where R&D tax expenditure and direct government funding of BERD — Sum of 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.

YearChange FromTo
2009 +616.7% 0.0024 Percentage of GDP 0.0172 Percentage of GDP

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.004 Percentage of GDP 0.0015 Percentage of GDP 0.0172 Percentage of GDP 10
2010s 0.0102 Percentage of GDP 0.0048 Percentage of GDP 0.0187 Percentage of GDP 10
2020s 0.0139 Percentage of GDP 0.0139 Percentage of GDP 0.0139 Percentage of GDP 1

Countries ranked near Colombia

  1. 29 Mexico 0.0157 Percentage of GDP compare
  2. 30 Chile 0.0156 Percentage of GDP compare
  3. 31 Romania 0.0155 Percentage of GDP compare
  4. 33 South Africa 0.0129 Percentage of GDP compare
  5. 34 Costa Rica 0.0042 Percentage of GDP compare
  6. 35 Bulgaria 0.0041 Percentage of GDP compare

See the full ranking of 50 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is r&d tax expenditure and direct government funding of berd — sum of in Colombia?
R&d tax expenditure and direct government funding of berd — sum of in Colombia was 0.0139 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 — sum of recorded in Colombia?
The highest recorded value was 0.0187 Percentage of GDP in 2015.
What is the lowest r&d tax expenditure and direct government funding of berd — sum of recorded in Colombia?
The lowest recorded value was 0.0015 Percentage of GDP in 2007.
How does Colombia rank for r&d tax expenditure and direct government funding of berd — sum of?
Colombia ranks 32nd out of 37 countries with data for 2020.
Is r&d tax expenditure and direct government funding of berd — sum of rising or falling in Colombia?
Over the last ten years it is up 189.6%. 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 — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD. Statizoid updates them automatically from the source API.

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R&D tax expenditure and direct government funding of BERD — Sum of in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/r-and-d-tax-expenditure-and-direct-government-funding-of-berd-sum-of-tax-incentive/colombia/

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About this data

Indicator
R&D tax expenditure and direct government funding of BERD — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
50 places, 1,059 data points, 2000–2024
Last refreshed

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.