Colombia

Government Spending (% of GDP)

16.64
percent of GDP
Dec 61Dec 65Dec 71Dec 76Dec 84Dec 88Dec 93Dec 96Dec 00Dec 05Dec 09Dec 13Dec 210.0006.00012.0018.0024.00
  • Colombia
  • Global Median
Source: IMF

Global Ranking

91
Panama16.89
92
Luxembourg16.87
93
Serbia16.79
94
Bahamas16.72
96
Moldova16.64
96
Colombia16.64
99
Armenia16.38
100
Macedonia16.28
101
Costa Rica16.25

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Definition of Government Spending (% of GDP)

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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