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
R&D tax expenditure and direct government funding of BERD — Sum of 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 — 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
| 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.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +616.7% | 0.0024 Percentage of GDP | 0.0172 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 — 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.
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.