Colombia Government Debt: % of GDP
Key information about Colombia Government Debt: % of GDP
- Colombia Government debt accounted for 58.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 59.2 % in the previous quarter.
- Colombia government debt to GDP ratio data is updated quarterly, available from Dec 2005 to Dec 2023.
- The data reached an all-time high of 69.3 % in Mar 2021 and a record low of 34.4 % in Sep 2012.
CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. Government Debt is calculated as a sum of Social Security, Central Government, and Central Administrations Debt only. The Ministry of Finance and Public Credit provides Government Debt in local currency. National Administrative Department of Statistics provides Nominal GDP in local currency.
Related information about Colombia Government Debt: % of GDP
- In the latest reports, Colombia National Government Debt reached 241.9 USD bn in Dec 2023.
- The country's Nominal GDP reached 82.4 USD bn in Mar 2023.
View Colombia's Government Debt: % of GDP from Dec 2005 to Dec 2023 in the chart:
What was Colombia's Government Debt: % of GDP in Dec 2023?
Colombia Government debt accounted for 58.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 59.2 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
58.8 Dec 2023 | 59.2 Sep 2023 | 34.4 Sep 2012 | 69.3 Mar 2021 | % | quarterly | Dec 2005 - Dec 2023 |
Government Debt: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 53.7 Jun 2024 | quarterly | Sep 2010 - Jun 2024 |
Algeria (%) | 48.9 2023 | yearly | 1997 - 2023 |
Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Armenia (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Australia (%) | 38.1 2023 | yearly | 1999 - 2023 |
Austria (%) | 83.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
Bahrain (%) | 88.7 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
Bangladesh (%) | 26.4 2024 | yearly | 2010 - 2024 |
Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
Belgium (%) | 108.2 Mar 2024 | quarterly | Dec 1980 - Mar 2024 |
Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
Bosnia and Herzegovina (%) | 19.1 2023 | yearly | 2007 - 2023 |
Botswana (%) | 17.2 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
Brazil (%) | 77.8 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Bulgaria (%) | 22.4 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Cambodia (%) | 25.3 2022 | yearly | 2013 - 2022 |
Canada (%) | 69.6 2024 | yearly | 1962 - 2024 |
Chile (%) | 40.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
China (%) | 24.6 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Colombia (%) | 58.8 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Croatia (%) | 61.5 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Cyprus (%) | 70.5 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Czech Republic (%) | 42.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Denmark (%) | 33.7 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Ecuador (%) | 66.9 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
Estonia (%) | 23.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
European Union (%) | 81.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Finland (%) | 80.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Georgia (%) | 38.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Germany (%) | 62.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Ghana (%) | 72.3 2023 | yearly | 2006 - 2023 |
Greece (%) | 163.6 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Hong Kong SAR, China (%) | 50.2 2023 | yearly | 2003 - 2023 |
Hungary (%) | 75.8 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
Iceland (%) | 64.2 2023 | yearly | 1998 - 2023 |
India (%) | 58.3 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Indonesia (%) | 38.9 Sep 2024 | quarterly | Jun 2015 - Sep 2024 |
Iran (%) | 7.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Ireland (%) | 42.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
Italy (%) | 139.8 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
Japan (%) | 218.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Jordan (%) | 89.5 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Kazakhstan (%) | 21.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Kenya (%) | 67.2 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
South Korea (%) | 46.1 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
Kuwait (%) | 0.3 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Kyrgyzstan (%) | 43.0 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Latvia (%) | 46.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 37.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Luxembourg (%) | 26.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
North Macedonia (%) | 54.5 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
Malaysia (%) | 65.4 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Malta (%) | 47.1 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
Mauritius (%) | 69.3 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
Mexico (%) | 48.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Moldova (%) | 34.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
Montenegro (%) | 62.1 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Morocco (%) | 71.5 2022 | yearly | 1994 - 2022 |
Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
Netherlands (%) | 43.2 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
New Zealand (%) | 42.6 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Nigeria (%) | 49.5 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
Norway (%) | 44.3 2023 | yearly | 1995 - 2023 |
Oman (%) | 36.5 2023 | yearly | 1990 - 2023 |
Pakistan (%) | 72.4 2023 | yearly | 2000 - 2023 |
Palestinian Territory (%) | 126.9 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Panama (%) | 61.2 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
Paraguay (%) | 36.2 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Peru (%) | 32.7 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Philippines (%) | 61.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Poland (%) | 52.3 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Portugal (%) | 100.6 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
Romania (%) | 51.1 Jun 2024 | quarterly | Dec 2011 - Jun 2024 |
Russia (%) | 14.6 Mar 2024 | quarterly | Dec 2011 - Mar 2024 |
Saudi Arabia (%) | 28.4 Jun 2024 | quarterly | Dec 2016 - Jun 2024 |
Serbia (%) | 52.4 Jun 2024 | quarterly | Sep 2004 - Jun 2024 |
Singapore (%) | 174.1 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Slovakia (%) | 60.5 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Slovenia (%) | 69.5 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
South Africa (%) | 74.6 Jun 2024 | quarterly | Dec 1960 - Jun 2024 |
Spain (%) | 105.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Sri Lanka (%) | 98.8 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Sweden (%) | 30.2 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
Switzerland (%) | 23.3 2028 | yearly | 1990 - 2028 |
Taiwan (%) | 29.1 2023 | yearly | 1996 - 2023 |
Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
Thailand (%) | 55.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
Turkey (%) | 26.1 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
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Learn more about what we doColombia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | 0.0 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Consolidated Fiscal Balance (USD mn) | -11,124.180 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Tax Revenue (USD mn) | 6,698.725 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Tax Revenue: % of GDP (%) | 16.8 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
National Government Debt (USD mn) | 241,886.6 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
Government Debt: % of GDP (%) | 58.8 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Forecast: Government Expenditure (COP bn) | 719,334.932 2029 | yearly | 1982 - 2029 |
Forecast: Government Net Debt (COP bn) | 1,271,815.519 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (COP bn) | 665,180.008 2029 | yearly | 1980 - 2029 |
Central Government: Revenue (COP bn) | 22,026.457 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
Central Government: Expenditure (COP bn) | 39,049.628 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
Tax Collection: Internal: VAT (COP mn) | 10,960,973.590 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Tax Collection: Internal: Income Tax (COP mn) | 10,163,677.987 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Tax Collection: Total (COP mn) | 28,080,116.572 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 204,046.892 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,687.9 Aug 2024 | monthly | Jan 1958 - Aug 2024 |
Total Exports (USD mn) | 4,130.8 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
Total Exports Growth (%) | -0.9 Sep 2024 | monthly | Jan 1971 - Sep 2024 |
Aluminum: Exports (USD th) | 55,621.914 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 361,386.398 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 56,465.291 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 5,532.9 Aug 2024 | monthly | Jan 1980 - Aug 2024 |
Total Imports Growth (%) | 4.6 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
Imports: Medicament (USD th) | 2,136,175.945 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 1,809,154.500 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,334.599 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Total Imports from USA (USD mn) | 1,438.083 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
Total Exports to China (USD mn) | 93.077 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Total Imports from China (USD mn) | 1,498.623 Aug 2024 | monthly | Jun 1988 - Aug 2024 |
Trade Balance: ytd: Total (USD mn) | -6,888.209 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Terms of Trade Index (2000=100) | 126.670 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Import Value Index (2015=100) | 113.030 2021 | yearly | 1980 - 2021 |
Export Value Index (2015=100) | 112.879 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 1,028.8 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Current Account Balance (USD mn) | -1,630.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Current Account Balance: % of GDP (%) | -1.6 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Foreign Direct Investment (USD mn) | 2,841.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Foreign Direct Investment: % of GDP (%) | 2.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | 1,502.708 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | 1.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 127.9 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 1,374.856 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
External Debt (USD mn) | 197,537.6 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
External Debt: % of GDP (%) | 53.7 2023 | yearly | 1970 - 2023 |
External Debt: Short Term (USD mn) | 30,608.0 Mar 2023 | monthly | Oct 1999 - Mar 2023 |
External Debt: Short Term: % of GDP (%) | 8.6 2023 | yearly | 1970 - 2023 |
Forecast: Current Account Balance (USD bn) | -17.950 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | -187,676.980 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) | 19.924 2023 | yearly | 1968 - 2023 |
CO: BoP: Financial Account: Official Reserve Assets (USD mn) | 1,716.572 2023 | yearly | 1968 - 2023 |
BoP: BPM6: Financial Account: Other Investment (USD mn) | -2,561.420 Dec 2018 | quarterly | Mar 2000 - Dec 2018 |
IIP: Assets (USD mn) | 264,338.324 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
International Investment Position (IIP) (USD mn) | -187,676.980 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
IIP: Liabilities (USD mn) | 452,015.305 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
External Debt: Private Sector: Total (USD mn) | 84,345.823 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
External Debt: Total: Long Term (USD mn) | 165,921.578 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
External Debt: Public Sector: Total (USD mn) | 113,191.793 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
FDI: Manufacturing (USD mn) | 763.631 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
FDI: Wholesale & Retail Trade, Hotels & Restaurants (USD mn) | 275.257 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
FDI: Transport, Storage & Communications (USD mn) | -314.938 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
FDI: Petroleum (USD mn) | 671.822 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Foreign Direct Investment (FDI) (USD mn) | 2,841.384 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
CO: BOP: Financial Account: Net (USD mn) | -8,285.356 2023 | yearly | 1968 - 2023 |
CO: BOP: Net Errors and Omissions (USD mn) | 868.419 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Imports: Service (USD mn) | 16,901.672 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Net Trade: Goods (USD mn) | -6,731.579 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Exports: Service (USD mn) | 15,643.889 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Primary Income: Receipts (USD mn) | 8,777.204 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Imports: Goods (USD mn) | 59,373.499 2023 | yearly | 1968 - 2023 |
CO: BOP: Current Account: Primary Income: Payments (USD mn) | 22,877.227 2023 | yearly | 1968 - 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 5.1 Aug 2024 | monthly | Apr 1995 - Aug 2024 |
Household Debt: % of GDP (%) | 31.5 Jun 2024 | quarterly | Dec 2015 - Jun 2024 |
Money Supply M1 (USD mn) | 38,979.482 May 2023 | monthly | Jan 1984 - May 2023 |
Money Supply M2 (USD mn) | 161,207.989 May 2023 | monthly | Dec 1979 - May 2023 |
M2 Growth (%) | 7.2 Sep 2024 | monthly | Dec 1980 - Sep 2024 |
Reserve Requirement Ratio (%) | 8.0 Oct 2024 | monthly | Jun 2008 - Oct 2024 |
Foreign Exchange Reserves (USD mn) | 57,726.1 Aug 2024 | monthly | Dec 1956 - Aug 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.244 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 10.4 Aug 2024 | monthly | Jan 1980 - Aug 2024 |
Gold Reserves (USD mn) | 398.300 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
Domestic Credit (USD mn) | 208,887.9 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Domestic Credit Growth (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
Credit to Households (USD bn) | 111.713 Dec 2023 | quarterly | Dec 1996 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 238.500 Dec 2023 | quarterly | Dec 1996 - Dec 2023 |
Household Debt (USD mn) | 74,343.3 Aug 2024 | monthly | Apr 1995 - Aug 2024 |
Total Loans (USD mn) | 163,994.265 Aug 2024 | monthly | Apr 1995 - Aug 2024 |
Total Loans Growth (%) | 1.41 Aug 2024 | monthly | Apr 1996 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 41.60 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Monetary Base (COP bn) | 148,498.330 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Money Supply: M3 (COP bn) | 832,952.701 Sep 2024 | monthly | Jan 1982 - Sep 2024 |
Net International Reserves: Gross (USD mn) | 63,613.215 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
Net International Reserves: Gross: Gold (USD mn) | 398.300 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) | 682,266.982 Aug 2024 | monthly | Apr 1995 - Aug 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 0.5 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
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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