Colombia Forecast: Government Expenditure

1982 - 2031 | Yearly | COP bn | International Monetary Fund

Key information about Colombia Forecast: Government Expenditure

  • Colombia Government Expenditure is forecasted to be 665,945.063 COP bn in Dec 2026 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 615,032.579 COP bn in Dec 2025.
  • Looking ahead, Colombia Government Expenditure is projected to stand at 872,724.384 COP bn in Dec 2031.
  • 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 2031 in the chart:

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Colombia Forecast: Government Expenditure
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Colombia Forecast: Government Expenditure

What is Colombia's Forecast: Government Expenditure in 2031?

Colombia Government Expenditure is forecasted to be 665,945.063 COP bn in Dec 2026 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
872,724.384 2031 822,797.897 2030 523.200 1982 872,724.384 2031 COP bn yearly 1982 - 2031

Forecast: Government Expenditure by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 268.305 2026 yearly 2003 - 2026
Albania (ALL bn) 1,214.244 2031 yearly 1997 - 2031
Algeria (DZD bn) 17,028.501 2031 yearly 1990 - 2031
Andorra (%) 38.467 2031 yearly 2001 - 2031
Angola (AOA bn) 44,515.084 2031 yearly 1996 - 2031
Antigua and Barbuda (XCD bn) 1.728 2031 yearly 1990 - 2031
Argentina (ARS bn) 699,041.910 2031 yearly 1993 - 2031
Armenia (AMD bn) 4,938.313 2031 yearly 2005 - 2031
Aruba (%) 21.826 2031 yearly 1995 - 2031
Australia (AUD bn) 1,403.146 2031 yearly 1988 - 2031
Austria (EUR bn) 342.326 2031 yearly 1988 - 2031
Azerbaijan (AZN bn) 60.729 2031 yearly 1994 - 2031
Bahamas (BSD bn) 4.275 2031 yearly 1990 - 2031
Bahrain (BHD bn) 6.636 2031 yearly 1990 - 2031
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 5.542 2032 yearly 1995 - 2032
Belarus (BYN bn) 179.312 2031 yearly 2001 - 2031
Belgium (EUR bn) 425.117 2031 yearly 1980 - 2031
Belize (BZD bn) 2.081 2031 yearly 1996 - 2031
Benin (XOF bn) 4,824.665 2031 yearly 1989 - 2031
Bhutan (BTN bn) 168.699 2031 yearly 1981 - 2031
Bolivia (BOB bn) 160.644 2026 yearly 1981 - 2026
Bosnia and Herzegovina (BAM bn) 37.144 2031 yearly 1998 - 2031
Botswana (BWP bn) 157.475 2032 yearly 1981 - 2032
Brazil (BRL bn) 8,476.375 2031 yearly 2001 - 2031
Brunei (BND bn) 7.759 2031 yearly 1980 - 2031
Bulgaria (BGN bn) 61.035 2031 yearly 1998 - 2031
Burkina Faso (XOF bn) 6,561.884 2031 yearly 1985 - 2031
Burundi (BIF bn) 11,427.610 2031 yearly 1990 - 2031
Cambodia (KHR bn) 58,750.348 2031 yearly 1996 - 2031
Cameroon (XAF bn) 9,013.756 2031 yearly 2000 - 2031
Canada (CAD bn) 1,789.926 2031 yearly 1980 - 2031
Cape Verde (CVE bn) 124.381 2031 yearly 1994 - 2031
Central African Republic (XAF bn) 594.467 2031 yearly 1987 - 2031
Chad (XAF bn) 3,597.607 2031 yearly 1995 - 2031
Chile (CLP bn) 121,587.322 2031 yearly 1990 - 2031
China (RMB bn) 62,904.803 2031 yearly 1982 - 2031
Colombia (COP bn) 872,724.384 2031 yearly 1982 - 2031
Comoros (KMF bn) 198.222 2031 yearly 1984 - 2031
Congo (XAF bn) 2,518.256 2031 yearly 1989 - 2031
Costa Rica (CRC bn) 11,357.490 2031 yearly 1990 - 2031
Croatia (EUR bn) 60.523 2031 yearly 1992 - 2031
Cyprus (EUR bn) 19.522 2031 yearly 1995 - 2031
Czech Republic (CZK bn) 4,793.227 2031 yearly 1995 - 2031
Democratic Republic of Congo (CDF bn) 79,700.848 2031 yearly 1996 - 2031
Denmark (DKK bn) 1,912.461 2031 yearly 1980 - 2031
Djibouti (DJF bn) 208.370 2031 yearly 1990 - 2031
Dominica (XCD bn) 1.130 2031 yearly 1990 - 2031
Dominican Republic (DOP bn) 2,371.314 2031 yearly 1997 - 2031
Ecuador (USD bn) 50.025 2025 yearly 1995 - 2025
Egypt (EGP bn) 7,887.892 2031 yearly 1999 - 2031
El Salvador (SVC bn) 15.230 2031 yearly 1990 - 2031
Equatorial Guinea (XAF bn) 1,562.405 2031 yearly 1980 - 2031
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 25.250 2031 yearly 1995 - 2031
Swaziland (SZL bn) 44.139 2032 yearly 1981 - 2032
Ethiopia (ETB bn) 6,433.148 2031 yearly 1980 - 2031
Fiji (FJD bn) 5.548 2031 yearly 1992 - 2031
Finland (EUR bn) 197.218 2031 yearly 1980 - 2031
France (EUR bn) 1,969.486 2031 yearly 1980 - 2031
Gabon (XAF bn) 5,007.718 2031 yearly 1990 - 2031
Gambia (GMD bn) 75.964 2031 yearly 2000 - 2031
Georgia (GEL bn) 49.134 2031 yearly 1995 - 2031
Germany (EUR bn) 2,798.121 2031 yearly 1991 - 2031
Ghana (GHS bn) 570.915 2031 yearly 1980 - 2031
Greece (EUR bn) 157.178 2031 yearly 1980 - 2031
Grenada (XCD bn) 1.536 2031 yearly 1990 - 2031
Guatemala (GTQ bn) 219.469 2031 yearly 1995 - 2031
Guinea (GNF bn) 99,886.937 2031 yearly 1990 - 2031
Guinea-Bissau (GWP bn) 433.156 2031 yearly 1991 - 2031
Guyana (GYD bn) 2,121.318 2031 yearly 1997 - 2031
Haiti (HTG bn) 747.981 2031 yearly 1997 - 2031
Honduras (HNL bn) 411.077 2031 yearly 1990 - 2031
Hong Kong SAR, China (HKD bn) 948.778 2032 yearly 1982 - 2032
Hungary (HUF bn) 56,951.384 2031 yearly 1995 - 2031
Iceland (ISK bn) 2,985.077 2031 yearly 1980 - 2031
India (INR bn) 182,390.979 2032 yearly 1989 - 2032
Indonesia (IDR bn) 6,406,306.537 2031 yearly 1993 - 2031
Iran (IRR bn) 270,213,445.365 2032 yearly 1991 - 2032
Iraq (IQD bn) 203,217.683 2031 yearly 2004 - 2031
Ireland (EUR bn) 203.016 2031 yearly 1980 - 2031
Israel (ILS bn) 1,244.310 2031 yearly 2000 - 2031
Italy (EUR bn) 1,341.259 2031 yearly 1988 - 2031
Ivory Coast (XOF bn) 21,351.213 2031 yearly 1997 - 2031
Jamaica (JMD bn) 1,607.301 2032 yearly 1991 - 2032
Japan (JPY bn) 308,115.128 2031 yearly 1980 - 2031
Jordan (JOD bn) 19.968 2031 yearly 1985 - 2031
Kazakhstan (KZT bn) 69,450.172 2031 yearly 2002 - 2031
Kenya (KES bn) 7,377.502 2031 yearly 1982 - 2031
Kiribati (AUD bn) 0.633 2031 yearly 1990 - 2031
South Korea (KRW bn) 827,278.828 2031 yearly 1995 - 2031
Kosovo (EUR bn) 5.380 2031 yearly 2000 - 2031
Kuwait (KWD bn) 29.604 2031 yearly 1985 - 2031
Kyrgyzstan (KGS bn) 1,530.511 2031 yearly 1995 - 2031
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 26.738 2031 yearly 1998 - 2031
Lebanon (LBP bn) 478,406.676 2025 yearly 1990 - 2025
Lesotho (LSL bn) 35.285 2032 yearly 1983 - 2032
Liberia (LRD bn) 1.672 2031 yearly 2000 - 2031
Libya (LYD bn) 593.409 2031 yearly 1990 - 2031

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Colombia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.7 Sep 2025 quarterly Dec 2000 - Sep 2025
Consolidated Fiscal Balance (USD mn) -10,975.442 Sep 2025 quarterly Mar 1995 - Sep 2025
Tax Revenue (USD mn) 6,180.551 Mar 2026 monthly Jan 1999 - Mar 2026
Tax Revenue: % of GDP (%) 13.3 Dec 2025 quarterly Mar 2000 - Dec 2025
National Government Debt (USD mn) 330,041.5 Dec 2025 quarterly Dec 2001 - Dec 2025
Government Debt: % of GDP (%) 66.9 Dec 2025 quarterly Dec 2005 - Dec 2025
Forecast: Government Expenditure (COP bn) 872,724.384 2031 yearly 1982 - 2031
Forecast: Government Net Debt (COP bn) 1,618,852.942 2031 yearly 1996 - 2031
Forecast: Government Revenue (COP bn) 806,789.009 2031 yearly 1980 - 2031
Central Government: Revenue (COP bn) 18,913.777 Feb 2026 monthly Jan 1995 - Feb 2026
Central Government: Expenditure (COP bn) 46,698.395 Feb 2026 monthly Jan 1995 - Feb 2026
Tax Collection: Internal: VAT (COP mn) 8,772,584.005 Mar 2026 monthly Jan 1999 - Mar 2026
Tax Collection: Internal: Income Tax (COP mn) 7,725,168.788 Mar 2026 monthly Jan 1999 - Mar 2026
Tax Collection: Total (COP mn) 22,975,022.529 Mar 2026 monthly Jan 1999 - Mar 2026
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) 105,893.271 Mar 2026 monthly Jan 2000 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.416 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,529.8 Feb 2026 monthly Jan 1958 - Feb 2026
Total Exports (USD mn) 5,315.9 Mar 2026 monthly Jan 1970 - Mar 2026
Total Exports Growth (%) 20.9 Mar 2026 monthly Jan 1971 - Mar 2026
Aluminum: Exports (USD th) 62,695.956 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 380,873.040 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 77,697.270 2024 yearly 1995 - 2024
Total Imports (USD mn) 5,741.4 Feb 2026 monthly Jan 1980 - Feb 2026
Total Imports Growth (%) 7.8 Feb 2026 monthly Jan 1981 - Feb 2026
Imports: Medicament (USD th) 2,018,776.355 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 2,182,745.890 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,455.137 Mar 2026 monthly Jan 2008 - Mar 2026
Total Imports from USA (USD mn) 1,262.767 Feb 2026 monthly Jan 1981 - Feb 2026
Total Exports to China (USD mn) 103.032 Mar 2026 monthly Jan 2008 - Mar 2026
Total Imports from China (USD mn) 1,754.005 Feb 2026 monthly Jun 1988 - Feb 2026
Exports: FOB: TARIC: Mineral Fuel, Oil & Its Products (USD mn) 2,046.966 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: FOB: TARIC: Coffee, Tea, Yerba Mate & Spices (USD mn) 388.647 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: FOB: TARIC: Plants Alive & Products of the Floriculture (USD mn) 270.728 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: FOB: TARIC: Plastics & Articles Thereof (USD mn) 145.049 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: FOB: TARIC: Natural Pearls, Stones & Precious Stones (USD mn) 878.067 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: CIF: TARIC: Pharmaceutical Products (USD mn) 381.629 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: CIF: TARIC: Vehicles Except Railway (USD mn) 662.127 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: CIF: TARIC: Nuclear Reactors, Boilers, Machinery & Parts (USD mn) 655.342 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: CIF: TARIC: Electric Machinery , Sound & Image Equips (USD mn) 525.891 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: CIF: TARIC: Mineral Fuel, Oil & Its Products (USD mn) 471.486 Feb 2026 monthly Jan 1998 - Feb 2026
Terms of Trade Index (2000=100) 134.008 Apr 2026 monthly Jan 1980 - Apr 2026
Trade Balance: ytd: Total (USD mn) -2,557.841 Feb 2026 monthly Jan 2006 - Feb 2026
Import Value Index (2015=100) 116.200 2023 yearly 1980 - 2023
Export Value Index (2015=100) 138.800 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 760.0 Dec 2025 quarterly Mar 1996 - Dec 2025
Current Account Balance (USD mn) -3,912.2 Dec 2025 quarterly Mar 1996 - Dec 2025
Current Account Balance: % of GDP (%) -3.1 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Direct Investment (USD mn) 2,521.8 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment (USD mn) 6,036.571 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 4.7 Dec 2025 quarterly Mar 2000 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 65.0 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 5,971.571 Dec 2025 quarterly Mar 1996 - Dec 2025
External Debt (USD mn) 211,584.3 Sep 2025 monthly Jan 2001 - Sep 2025
External Debt: % of GDP (%) 48.0 2024 yearly 1970 - 2024
External Debt: Short Term (USD mn) 33,800.2 Aug 2025 monthly Oct 1999 - Aug 2025
External Debt: Short Term: % of GDP (%) 7.8 2024 yearly 1970 - 2024
Forecast: Current Account Balance (USD bn) -21.107 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -200,402.798 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Current Account: Goods & Services: Services (USD mn) -328.847 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Current Account: Goods & Services: Services: Credit (USD mn) 4,911.287 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account (USD mn) -3,470.927 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Derivatives: Net Acquisition of Financial Assets (USD mn) -438.526 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Direct Investment (USD mn) -1,761.760 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Derivatives (USD mn) -438.526 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Derivatives: Net Liabilities Incurred (USD mn) 0.000 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Direct Investment: Acquisition of Financial Assets... (USD mn) 760.022 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Other Investment: Acquisition of Financial Assets ... (USD mn) 2,074.980 Dec 2025 quarterly Mar 2000 - Dec 2025
External Debt: Total: Long Term (USD mn) 177,559.196 Sep 2025 monthly Jan 2001 - Sep 2025
External Debt: Public Sector: Total (USD mn) 118,134.740 Sep 2025 monthly Jan 2001 - Sep 2025
External Debt: Total: Short Term (USD mn) 34,025.137 Sep 2025 monthly Oct 1999 - Sep 2025
International Investment Position (IIP) (USD mn) -200,402.798 Dec 2025 quarterly Mar 2000 - Dec 2025
IIP: Assets (USD mn) 308,006.270 Dec 2025 quarterly Mar 2000 - Dec 2025
IIP: Liabilities (USD mn) 508,409.068 Dec 2025 quarterly Mar 2000 - Dec 2025
BoP: BPM6: Financial Account: Other Investment (USD mn) -2,561.420 Dec 2018 quarterly Mar 2000 - Dec 2018
External Debt: Private Sector: Total (USD mn) 88,568.954 Dec 2024 monthly Jan 2001 - Dec 2024
FDI: Transport, Storage & Communications (USD mn) 106.458 Dec 2025 quarterly Mar 1996 - Dec 2025
FDI: Wholesale & Retail Trade, Hotels & Restaurants (USD mn) 307.503 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Direct Investment (FDI) (USD mn) 2,521.781 Dec 2025 quarterly Mar 1996 - Dec 2025
FDI: Manufacturing (USD mn) 142.022 Dec 2025 quarterly Mar 1996 - Dec 2025
FDI: Financial Intermediation Activities (USD mn) 1,231.333 Dec 2025 quarterly Mar 1996 - Dec 2025
FDI: Petroleum (USD mn) 633.664 Dec 2025 quarterly Mar 1996 - Dec 2025
CO: BOP: Net Errors and Omissions (USD mn) 1,435.050 2024 yearly 1968 - 2024
CO: BOP: Current Account: Personal Remittances: Received (USD mn) 11,873.233 2024 yearly 1970 - 2024
CO: BOP: Current Account: Personal Remittances: Paid (USD mn) 406.847 2024 yearly 1970 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.9 Feb 2026 monthly Apr 1995 - Feb 2026
Household Debt: % of GDP (%) 29.5 Sep 2025 quarterly Dec 2015 - Sep 2025
Money Supply M1 (USD mn) 54,495.438 Sep 2025 monthly Jan 1984 - Sep 2025
Money Supply M2 (USD mn) 231,141.595 Oct 2025 monthly Dec 1979 - Oct 2025
M2 Growth (%) 12.6 Mar 2026 monthly Dec 1980 - Mar 2026
Reserve Requirement Ratio (%) 8.0 Apr 2026 monthly Jun 2008 - Apr 2026
Foreign Exchange Reserves (USD mn) 60,994.9 Dec 2025 monthly Dec 1956 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 13.293 Dec 2025 quarterly Dec 2000 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 10.4 Jan 2026 monthly Jan 1980 - Jan 2026
Gold Reserves (USD mn) 680.600 Mar 2026 monthly Dec 1956 - Mar 2026
Domestic Credit (USD mn) 262,874.9 Jan 2026 monthly Dec 1991 - Jan 2026
Domestic Credit Growth (%) 12.8 Jan 2026 monthly Dec 1992 - Jan 2026
Credit to Households (USD bn) 117.774 Sep 2025 quarterly Dec 1996 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 251.500 Sep 2025 quarterly Dec 1996 - Sep 2025
Household Debt (USD mn) 92,080.8 Feb 2026 monthly Apr 1995 - Feb 2026
Total Loans (USD mn) 202,982.662 Feb 2026 monthly Apr 1995 - Feb 2026
Total Loans Growth (%) 9.05 Feb 2026 monthly Apr 1996 - Feb 2026
Private Debt: % of Nominal GDP (%) 39.83 Dec 2025 quarterly Dec 2005 - Dec 2025
Monetary Base (COP bn) 191,864.603 Mar 2026 monthly Jan 1980 - Mar 2026
Money Supply: M3 (COP bn) 997,204.118 Mar 2026 monthly Jan 1982 - Mar 2026
Net International Reserves: Gross: Gold (USD mn) 680.600 Mar 2026 monthly Jan 1980 - Mar 2026
Net International Reserves: Gross (USD mn) 66,629.781 Mar 2026 monthly Jan 1960 - Mar 2026
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) 764,493.599 Feb 2026 monthly Apr 1995 - Feb 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -4.4 Mar 2026 monthly Jan 1981 - Mar 2026
Macroeconomic Expectation: Benchmark Interest Rate: End of the Month (% pa) 11.750 Apr 2026 monthly Aug 2015 - Apr 2026
Macroeconomic Expectation: Benchmark Interest Rate: End of the Year (% pa) 12.000 Apr 2026 monthly Aug 2015 - Apr 2026
IOS: Business Climate Indicators: Better Expectations (%) 34.700 Jan 2023 monthly Oct 2006 - Jan 2023
IOS: Business Climate Indicators: Favorable Situation (%) 70.200 Jan 2023 monthly Oct 2006 - Jan 2023

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