Colombia Forecast: Government Expenditure
1982 - 2027 | Yearly | COP bn | International Monetary Fund
Key information about Colombia Forecast: Government Expenditure
- Colombia Government Expenditure is forecasted to be 460,899.786 COP bn in Dec 2022 as reported by International Monetary Fund.
- It records an increase from the last reported number of 405,996.127 COP bn in Dec 2021.
- Looking ahead, Colombia Government Expenditure is projected to stand at 571,821.857 COP bn in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Colombia's Forecast: Government Expenditure from 1982 to 2027 in the chart:
What is Colombia's Forecast: Government Expenditure in 2027?
Colombia Government Expenditure is forecasted to be 460,899.786 COP bn in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 571,821.857 2027 | 540,944.447 2026 | 523.200 1982 | 571,821.857 2027 | COP bn | yearly | 1982 - 2027 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 759.493 2027 | yearly | 1997 - 2027 |
| Algeria (DZD bn) | 14,743.139 2027 | yearly | 1990 - 2027 |
| Andorra (%) | 35.229 2027 | yearly | 2001 - 2027 |
| Angola (AOA bn) | 16,504.541 2027 | yearly | 1996 - 2027 |
| Antigua and Barbuda (XCD bn) | 1.339 2027 | yearly | 1990 - 2027 |
| Argentina (ARS bn) | 109,556.099 2027 | yearly | 1993 - 2027 |
| Armenia (AMD bn) | 3,130.668 2027 | yearly | 2005 - 2027 |
| Aruba (%) | 23.806 2027 | yearly | 1995 - 2027 |
| Australia (AUD bn) | 1,057.212 2027 | yearly | 1988 - 2027 |
| Austria (EUR bn) | 262.943 2027 | yearly | 1988 - 2027 |
| Azerbaijan (AZN bn) | 45.406 2027 | yearly | 1994 - 2027 |
| Bahamas (BSD bn) | 3.643 2027 | yearly | 1990 - 2027 |
| Bahrain (BHD bn) | 4.987 2027 | yearly | 1990 - 2027 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 3.951 2028 | yearly | 1995 - 2028 |
| Belarus (BYN bn) | 109.571 2027 | yearly | 2001 - 2027 |
| Belgium (EUR bn) | 345.829 2027 | yearly | 1980 - 2027 |
| Belize (BZD bn) | 1.682 2027 | yearly | 1996 - 2027 |
| Benin (XOF bn) | 2,802.146 2027 | yearly | 1989 - 2027 |
| Bhutan (BTN bn) | 100.852 2027 | yearly | 1981 - 2027 |
| Bolivia (BOB bn) | 143.080 2027 | yearly | 1984 - 2027 |
| Bosnia and Herzegovina (BAM bn) | 22.142 2027 | yearly | 1998 - 2027 |
| Botswana (BWP bn) | 94.260 2028 | yearly | 1981 - 2028 |
| Brazil (BRL bn) | 4,223.004 2027 | yearly | 1996 - 2027 |
| Brunei (BND bn) | 6.229 2027 | yearly | 1980 - 2027 |
| Bulgaria (BGN bn) | 74.870 2027 | yearly | 1998 - 2027 |
| Burkina Faso (XOF bn) | 3,750.558 2027 | yearly | 1985 - 2027 |
| Burundi (BIF bn) | 3,828.206 2027 | yearly | 1990 - 2027 |
| Cambodia (KHR bn) | 48,973.231 2027 | yearly | 1996 - 2027 |
| Cameroon (XAF bn) | 6,998.387 2027 | yearly | 2000 - 2027 |
| Canada (CAD bn) | 1,390.376 2027 | yearly | 1980 - 2027 |
| Cape Verde (CVE bn) | 84.942 2027 | yearly | 1994 - 2027 |
| Central African Republic (XAF bn) | 395.219 2027 | yearly | 1988 - 2027 |
| Chad (XAF bn) | 1,494.017 2027 | yearly | 1995 - 2027 |
| Chile (CLP bn) | 84,593.530 2027 | yearly | 1990 - 2027 |
| China (RMB bn) | 57,711.343 2027 | yearly | 1982 - 2027 |
| Colombia (COP bn) | 571,821.857 2027 | yearly | 1982 - 2027 |
| Comoros (KMF bn) | 147.168 2027 | yearly | 1984 - 2027 |
| Congo (XAF bn) | 2,293.770 2027 | yearly | 1989 - 2027 |
| Costa Rica (CRC bn) | 9,871.976 2027 | yearly | 1990 - 2027 |
| Croatia (HRK bn) | 273.504 2027 | yearly | 1992 - 2027 |
| Cyprus (EUR bn) | 13.179 2027 | yearly | 1995 - 2027 |
| Czech Republic (CZK bn) | 3,519.055 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (CDF bn) | 37,636.856 2027 | yearly | 1996 - 2027 |
| Denmark (DKK bn) | 1,594.725 2027 | yearly | 1980 - 2027 |
| Djibouti (DJF bn) | 198.321 2027 | yearly | 1990 - 2027 |
| Dominica (XCD bn) | 1.004 2027 | yearly | 1990 - 2027 |
| Dominican Republic (DOP bn) | 1,628.554 2027 | yearly | 1997 - 2027 |
| Ecuador (USD bn) | 37.689 2021 | yearly | 1995 - 2021 |
| Egypt (EGP bn) | 3,795.815 2027 | yearly | 1999 - 2027 |
| El Salvador (SVC bn) | 12.741 2027 | yearly | 1990 - 2027 |
| Equatorial Guinea (XAF bn) | 976.516 2027 | yearly | 1980 - 2027 |
| Eritrea (ERN bn) | 17.767 2027 | yearly | 1992 - 2027 |
| Estonia (EUR bn) | 19.215 2027 | yearly | 1995 - 2027 |
| Swaziland (SZL bn) | 27.078 2028 | yearly | 1981 - 2028 |
| Ethiopia (ETB bn) | 3,036.736 2027 | yearly | 1980 - 2027 |
| Fiji (FJD bn) | 4.299 2027 | yearly | 1992 - 2027 |
| Finland (EUR bn) | 160.410 2027 | yearly | 1980 - 2027 |
| France (EUR bn) | 1,656.161 2027 | yearly | 1980 - 2027 |
| Gabon (XAF bn) | 2,356.514 2027 | yearly | 1990 - 2027 |
| Gambia (GMD bn) | 41.749 2027 | yearly | 2000 - 2027 |
| Georgia (GEL bn) | 28.966 2027 | yearly | 1995 - 2027 |
| Germany (EUR bn) | 2,154.451 2027 | yearly | 1991 - 2027 |
| Ghana (GHS bn) | 234.411 2027 | yearly | 1980 - 2027 |
| Greece (EUR bn) | 108.140 2027 | yearly | 1980 - 2027 |
| Grenada (XCD bn) | 1.091 2027 | yearly | 1990 - 2027 |
| Guatemala (GTQ bn) | 135.165 2027 | yearly | 1995 - 2027 |
| Guinea (GNF bn) | 70,733.076 2027 | yearly | 1990 - 2027 |
| Guinea-Bissau (GWP bn) | 299.258 2027 | yearly | 1991 - 2027 |
| Guyana (GYD bn) | 785.201 2027 | yearly | 1997 - 2027 |
| Haiti (HTG bn) | 502.483 2027 | yearly | 1997 - 2027 |
| Honduras (HNL bn) | 294.922 2027 | yearly | 1990 - 2027 |
| Hong Kong SAR, China (HKD bn) | 883.321 2028 | yearly | 1982 - 2028 |
| Hungary (HUF bn) | 38,014.445 2027 | yearly | 1995 - 2027 |
| Iceland (ISK bn) | 1,996.103 2027 | yearly | 1980 - 2027 |
| India (INR bn) | 128,079.075 2028 | yearly | 1989 - 2028 |
| Indonesia (IDR bn) | 4,632,886.626 2027 | yearly | 1993 - 2027 |
| Iran (IRR bn) | 48,431,375.310 2028 | yearly | 1991 - 2028 |
| Iraq (IQD bn) | 173,435.685 2027 | yearly | 2004 - 2027 |
| Ireland (EUR bn) | 132.588 2027 | yearly | 1980 - 2027 |
| Israel (ILS bn) | 845.278 2027 | yearly | 2000 - 2027 |
| Italy (EUR bn) | 1,074.503 2027 | yearly | 1988 - 2027 |
| Ivory Coast (XOF bn) | 11,225.434 2027 | yearly | 1997 - 2027 |
| Jamaica (JMD bn) | 896.290 2028 | yearly | 1991 - 2028 |
| Japan (JPY bn) | 224,526.788 2027 | yearly | 1980 - 2027 |
| Jordan (JOD bn) | 12.068 2027 | yearly | 1985 - 2027 |
| Kazakhstan (KZT bn) | 29,176.239 2027 | yearly | 2002 - 2027 |
| Kenya (KES bn) | 5,190.245 2027 | yearly | 1982 - 2027 |
| Kiribati (AUD bn) | 0.422 2027 | yearly | 1990 - 2027 |
| South Korea (KRW bn) | 684,811.974 2027 | yearly | 1995 - 2027 |
| Kosovo (EUR bn) | 3.434 2027 | yearly | 2000 - 2027 |
| Kuwait (KWD bn) | 24.751 2027 | yearly | 1990 - 2027 |
| Kyrgyzstan (KGS bn) | 466.818 2027 | yearly | 1995 - 2027 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 17.642 2027 | yearly | 1998 - 2027 |
| Lebanon (LBP bn) | 20,929.559 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 25.316 2028 | yearly | 1983 - 2028 |
| Liberia (LRD bn) | 1.478 2027 | yearly | 2000 - 2027 |
| Libya (LYD bn) | 128.771 2027 | yearly | 1990 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -16.4 Sep 2021 | quarterly | Dec 2000 - Sep 2021 |
| Consolidated Fiscal Balance (USD mn) | 1,574.093 Sep 2021 | quarterly | Mar 1995 - Sep 2021 |
| Tax Revenue (USD mn) | 5,567.406 Apr 2022 | monthly | Jan 1999 - Apr 2022 |
| Tax Revenue: % of GDP (%) | 16.1 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| National Government Debt (USD mn) | 190,847.1 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Government Debt: % of GDP (%) | 64.5 Dec 2021 | quarterly | Dec 2005 - Dec 2021 |
| Forecast: Government Expenditure (COP bn) | 571,821.857 2027 | yearly | 1982 - 2027 |
| Forecast: Government Net Debt (COP bn) | 980,686.993 2027 | yearly | 1996 - 2027 |
| Forecast: Government Revenue (COP bn) | 551,613.754 2027 | yearly | 1980 - 2027 |
| Central Government: Expenditure (COP bn) | 38,676.526 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Central Government: Revenue (COP bn) | 13,359.597 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Tax Collection: Internal: VAT (COP mn) | 6,311,189.623 Mar 2022 | monthly | Jan 1999 - Mar 2022 |
| Tax Collection: Internal: Income Tax (COP mn) | 15,244,198.150 Apr 2022 | monthly | Jan 1999 - Apr 2022 |
| Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 203,844.650 Apr 2022 | monthly | Jan 2000 - Apr 2022 |
| Tax Collection: Total (COP mn) | 21,136,043.920 Apr 2022 | monthly | Jan 1999 - Apr 2022 |
| Central Government Debt: Medium and Long Term: Internal (COP bn) | 426,138.650 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Central Government Debt: Medium and Long Term: External (COP bn) | 274,313.485 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Central Government Debt: Medium and Long Term (COP bn) | 700,925.090 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.411 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -971.5 Apr 2022 | monthly | Jan 1958 - Apr 2022 |
| Total Exports (USD mn) | 5,421.6 Apr 2022 | monthly | Jan 1970 - Apr 2022 |
| Total Exports Growth (%) | 82.2 Apr 2022 | monthly | Jan 1971 - Apr 2022 |
| Aluminum: Exports (USD th) | 40,797.821 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 328,550.648 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 40,224.744 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 6,393.1 Apr 2022 | monthly | Jan 1980 - Apr 2022 |
| Total Imports Growth (%) | 36.1 Apr 2022 | monthly | Jan 1981 - Apr 2022 |
| Imports: Medicament (USD th) | 1,644,493.746 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,032,176.446 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 1,339.549 Apr 2022 | monthly | Jan 2008 - Apr 2022 |
| Total Imports from USA (USD mn) | 1,759.859 Apr 2022 | monthly | Jan 1981 - Apr 2022 |
| Total Exports to China (USD mn) | 305.658 Apr 2022 | monthly | Jan 2008 - Apr 2022 |
| Total Imports from China (USD mn) | 1,364.745 Apr 2022 | monthly | Jun 1988 - Apr 2022 |
| Trade Balance: ytd: Total (USD mn) | -4,801.864 Apr 2022 | monthly | Jan 2006 - Apr 2022 |
| Terms of Trade Index (2000=100) | 165.267 May 2022 | monthly | Jan 1980 - May 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 1,080.1 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Current Account Balance (USD mn) | -5,366.8 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Current Account Balance: % of GDP (%) | -6.4 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Foreign Direct Investment (USD mn) | 5,186.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Foreign Direct Investment: % of GDP (%) | 6.2 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Foreign Portfolio Investment (USD mn) | 800.423 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 1.0 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -391.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,191.490 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| External Debt (USD mn) | 172,789.9 Feb 2022 | monthly | Jan 2001 - Feb 2022 |
| External Debt: % of GDP (%) | 54.6 2021 | yearly | 1970 - 2021 |
| External Debt: Short Term (USD mn) | 26,063.0 Mar 2022 | monthly | Oct 1999 - Mar 2022 |
| External Debt: Short Term: % of GDP (%) | 7.8 2021 | yearly | 1970 - 2021 |
| Forecast: Current Account Balance (USD bn) | -17.933 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | -161,334.269 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| BoP: BPM6: Current Account: Goods & Services: Services (USD mn) | -1,499.498 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Financial Account (USD mn) | -4,717.848 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Current Account: Goods & Services: Goods (USD mn) | -3,558.324 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Financial Account: Other Investment (USD mn) | -2,561.420 Dec 2018 | quarterly | Mar 2000 - Dec 2018 |
| BoP: BPM6: Errors and Omissions (USD mn) | 648.902 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Current Account: Goods & Services: Services: Debit (USD mn) | 4,157.185 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Current Account: Goods & Services: Goods: Credit (USD mn) | 13,760.639 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Current Account: Goods & Services: Goods: Debit (USD mn) | 17,318.962 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| BoP: BPM6: Current Account: Goods & Services: Services: Credit (USD mn) | 2,657.687 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| International Investment Position (IIP) (USD mn) | -170,125.503 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| IIP: Assets (USD mn) | 233,528.241 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| IIP: Liabilities (USD mn) | 403,653.744 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| External Debt: Public Sector: Total (USD mn) | 101,556.941 Mar 2022 | monthly | Jan 2001 - Mar 2022 |
| External Debt: Private Sector: Total (USD mn) | 73,548.592 Mar 2022 | monthly | Jan 2001 - Mar 2022 |
| External Debt: Total: Long Term (USD mn) | 149,042.503 Mar 2022 | monthly | Jan 2001 - Mar 2022 |
| FDI: Manufacturing (USD mn) | 368.095 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| FDI: Transport, Storage & Communications (USD mn) | -220.707 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| FDI: Petroleum (USD mn) | 686.287 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| FDI: Wholesale & Retail Trade, Hotels & Restaurants (USD mn) | 229.989 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Foreign Direct Investment (FDI) (USD mn) | 5,186.336 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.8 Mar 2022 | monthly | Apr 1995 - Mar 2022 |
| Household Debt: % of GDP (%) | 37.2 Dec 2021 | quarterly | Mar 2016 - Dec 2021 |
| Money Supply M1 (USD mn) | 46,999.269 May 2022 | monthly | Jan 1984 - May 2022 |
| Money Supply M2 (USD mn) | 165,695.601 May 2022 | monthly | Dec 1979 - May 2022 |
| M2 Growth (%) | 12.7 May 2022 | monthly | Dec 1980 - May 2022 |
| Reserve Requirement Ratio (%) | 8.0 May 2022 | monthly | Jun 2008 - May 2022 |
| Foreign Exchange Reserves (USD mn) | 52,686.6 May 2022 | monthly | Dec 1956 - May 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 16.436 Mar 2022 | quarterly | Dec 2000 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.5 Mar 2022 | monthly | Jan 1980 - Mar 2022 |
| Gold Reserves (USD mn) | 278.700 May 2022 | monthly | Dec 1956 - May 2022 |
| Domestic Credit (USD mn) | 180,122.2 Feb 2022 | monthly | Jan 1993 - Feb 2022 |
| Domestic Credit Growth (%) | 13.9 Mar 2022 | monthly | Jan 1994 - Mar 2022 |
| Credit to Households (USD bn) | 88.920 Dec 2021 | quarterly | Dec 1996 - Dec 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 185.400 Dec 2021 | quarterly | Dec 1996 - Dec 2021 |
| Household Debt (USD mn) | 74,049.4 Mar 2022 | monthly | Apr 1995 - Mar 2022 |
| Total Loans (USD mn) | 156,264.076 Mar 2022 | monthly | Apr 1995 - Mar 2022 |
| Total Loans Growth (%) | 13.01 Mar 2022 | monthly | Apr 1996 - Mar 2022 |
| Private Debt: % of Nominal GDP (%) | 51.78 Dec 2021 | quarterly | Dec 2005 - Dec 2021 |
| Monetary Base (COP bn) | 141,762.293 Apr 2022 | monthly | Jan 1980 - Apr 2022 |
| Money Supply: M3 (COP bn) | 703,914.741 Apr 2022 | monthly | Jan 1982 - Apr 2022 |
| Net International Reserves: Gross: Gold (USD mn) | 278.700 May 2022 | monthly | Jan 1980 - May 2022 |
| Net International Reserves: Gross (USD mn) | 57,634.650 May 2022 | monthly | Jan 1960 - May 2022 |
| Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) | 585,701.196 Mar 2022 | monthly | Apr 1995 - Mar 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 17.6 May 2022 | monthly | Jan 1981 - May 2022 |
| IOS: Business Climate Indicators: Better Expectations (%) | 41.180 Mar 2022 | monthly | Oct 2006 - Mar 2022 |
| IOS: Business Climate Indicators: Favorable Situation (%) | 79.580 Mar 2022 | monthly | Oct 2006 - Mar 2022 |
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