Revenue, excluding grants in Colombia
Colombia: Revenue, excluding grants was 25.8% in 2024. ▲ Rising
Revenue, excluding grants in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, revenue, excluding grants in Colombia stood at 25.8%.
Compared with earlier readings it is down 8.9% on the previous year and up 10.2% over ten years.
Over the whole period, revenue, excluding grants in Colombia peaked at 28.4% in 2023 and was at its lowest, 15.5%, in 2000.
Colombia ranks 74th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Revenue, excluding grants in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 18.2% | — |
| 1999 | 18.0% | -1.0% |
| 2000 | 15.5% | -13.9% |
| 2003 | 22.8% | +47.4% |
| 2008 | 21.9% | -4.1% |
| 2009 | 20.9% | -4.3% |
| 2010 | 21.6% | +3.0% |
| 2011 | 23.5% | +8.9% |
| 2012 | 26.3% | +12.1% |
| 2013 | 24.5% | -7.0% |
| 2014 | 23.4% | -4.3% |
| 2015 | 24.1% | +2.8% |
| 2016 | 24.2% | +0.5% |
| 2017 | 22.6% | -6.8% |
| 2018 | 23.5% | +3.9% |
| 2019 | 25.6% | +8.9% |
| 2020 | 23.7% | -7.4% |
| 2021 | 24.1% | +1.9% |
| 2022 | 25.4% | +5.3% |
| 2023 | 28.4% | +11.6% |
| 2024 | 25.8% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.1% | 18.0% | 18.2% | 2 |
| 2000s | 20.3% | 15.5% | 22.8% | 4 |
| 2010s | 23.9% | 21.6% | 26.3% | 10 |
| 2020s | 25.5% | 23.7% | 28.4% | 5 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,967 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 25.40 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.63 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6256 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5,356 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 10.01 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8868 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Colombia?
- Revenue, excluding grants in Colombia was 25.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Colombia?
- The highest recorded value was 28.4% in 2023.
- What is the lowest revenue, excluding grants recorded in Colombia?
- The lowest recorded value was 15.5% in 2000.
- How does Colombia rank for revenue, excluding grants?
- Colombia ranks 74th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Colombia?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.