Colombia: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Colombia

Government spending as percent of GDP

 Latest value 15.49
 Year 2025
 Measure percent
 Data availability 1960 - 2025
 Average 12.41
 Min - Max 6.38 - 22.16
 Source The World Bank
 Available for Data download
The latest value from 2025 is 15.49 percent, an increase from 14.83 percent in 2024. In comparison, the world average is 16.56 percent, based on data from 131 countries. Historically, the average for Colombia from 1960 to 2025 is 12.41 percent. The minimum value, 6.38 percent, was reached in 1960 while the maximum of 22.16 percent was recorded in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Colombia: Government spending, percent of GDP
 2025 15.49
 2024 14.83
 2023 14.63
 2022 14.01
 2021 16.05
 2020 17.16
 2019 15.77
 2018 15.42




The government size of Colombia and other countries is calculated as the total government spending as percent of GDP.
Definition: Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 15.49 2025 percent
 Government spending, in dollars 70.85 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -6.25 2024 percent
 Primary budget balance -2.30 2024 percent
 Government expenditure 80,365.66 Q2/2026 billion
 Long-term interest rate 12.15 8/2026 percent
 Tax revenue 15.22 2024 percent
 Taxes on goods and services 24.34 2024 percent
 Taxes on international trade 1.41 2024 percent
 Income and profits taxes 24.15 2024 percent
 Foreign aid 1,031.31 2023 million U.S. dollars
 Government debt 61.24 2024 percent
 Government debt in foreign currency, percent 33.80 2024 percent
 Government debt held by non-residents 46.02 2024 percent
 Sovereign debt average maturity 11.08 2024 percent
 Short-term government debt 1.63 2024 percent
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