Colombia Public Consumption: % of GDP
2005 - 2024 | Quarterly | % | CEIC Data
Key information about Colombia Public Consumption: % of GDP
- Colombia Public Consumption accounted for 13.5 % of its Nominal GDP in Sep 2024, compared with a share of 15.4 % in the previous quarter.
- Colombia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2005 to Sep 2024, with an average number of 13.7 %.
- The data reached an all-time high of 21.7 % in Dec 2020 and a record low of 11.2 % in Mar 2023.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. National Administrative Department of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.
Related information about Colombia Public Consumption: % of GDP
- In the latest reports, Colombia GDP expanded 3.0 % YoY in Mar 2023.
- Colombia Nominal GDP reached 82.4 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 10.5 % in Mar 2023.
- Colombia GDP Per Capita reached 6,239.3 USD in Dec 2021.
- Its Gross Savings Rate was measured at 16.7 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 22.2 % in Mar 2023.
- Private Consumption accounted for 74.5 % in Sep 2024.
View Colombia's Public Consumption: % of GDP from Mar 2005 to Sep 2024 in the chart:
What was Colombia's Public Consumption: % of GDP in Sep 2024?
Colombia Public Consumption accounted for 13.5 % of its Nominal GDP in Sep 2024, compared with a share of 15.4 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 13.5 Sep 2024 | 15.4 Jun 2024 | 11.2 Mar 2023 | 21.7 Dec 2020 | % | quarterly | Mar 2005 - Sep 2024 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 11.3 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 21.8 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Azerbaijan (%) | 17.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Bahrain (%) | 13.6 2022 | yearly | 1975 - 2022 |
| Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 20.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Belgium (%) | 24.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Bolivia (%) | 20.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | 17.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Botswana (%) | 30.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Brazil (%) | 17.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 16.5 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 13.5 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Croatia (%) | 19.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cyprus (%) | 17.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.2 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Egypt (%) | 7.0 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
| Estonia (%) | 19.5 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| European Union (%) | 21.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 24.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Georgia (%) | 13.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Germany (%) | 21.8 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 16.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Iceland (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 10.1 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 10.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Israel (%) | 24.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Italy (%) | 16.5 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
| South Korea (%) | 16.6 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 21.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 15.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Luxembourg (%) | 18.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (%) | 11.3 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| North Macedonia (%) | 18.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 11.4 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Malta (%) | 16.1 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Mauritius (%) | 14.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mexico (%) | 11.3 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | 13.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 19.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
| Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 23.0 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
| Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
| Norway (%) | 23.7 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
| Oman (%) | 18.5 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 8.7 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (%) | 20.9 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 12.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Peru (%) | 12.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 20.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 15.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 23.7 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (%) | 17.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| South Africa (%) | 19.3 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 16.2 2023 | yearly | 1960 - 2023 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.7 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -8.5 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | -21,992.937 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Tax Revenue (USD mn) | 3,976.151 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Revenue: % of GDP (%) | 16.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 242,468.3 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Government Debt: % of GDP (%) | 62.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| 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) | 1,668,751.462 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Internal: Income Tax (COP mn) | 9,711,188.764 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Total (COP mn) | 16,929,496.535 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 219,147.703 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,031.9 Sep 2024 | monthly | Jan 1958 - Sep 2024 |
| Total Exports (USD mn) | 4,311.8 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Total Exports Growth (%) | 3.8 Oct 2024 | monthly | Jan 1971 - Oct 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) | 5,162.8 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Total Imports Growth (%) | 4.4 Sep 2024 | monthly | Jan 1981 - Sep 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) | 1,161.495 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,221.174 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Total Exports to China (USD mn) | 88.414 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Total Imports from China (USD mn) | 1,376.598 Sep 2024 | monthly | Jun 1988 - Sep 2024 |
| Trade Balance: ytd: Total (USD mn) | -7,576.055 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Terms of Trade Index (2000=100) | 129.577 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Import Value Index (2015=100) | 113.030 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 112.879 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.0 Oct 2024 | monthly | Apr 1995 - Oct 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 (%) | 7.8 Oct 2024 | monthly | Dec 1980 - Oct 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jun 2008 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 58,480.6 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.191 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.3 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Gold Reserves (USD mn) | 417.800 Oct 2024 | monthly | Dec 1956 - Oct 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) | 70,517.6 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Total Loans (USD mn) | 155,705.308 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Total Loans Growth (%) | 1.63 Oct 2024 | monthly | Apr 1996 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 41.16 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Money Supply: M3 (COP bn) | 849,100.286 Oct 2024 | monthly | Jan 1982 - Oct 2024 |
| Net International Reserves: Gross (USD mn) | 62,976.412 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
| Net International Reserves: Gross: Gold (USD mn) | 400.500 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 3.3 Oct 2024 | monthly | Jan 1981 - Oct 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 |
More Indicators for Colombia
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National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: 1994 Price
SNA 1993. GDP: by Expenditure: 2000 Price
SNA 1993: GDP: by Expenditure: Chain Linked 2005 Price: Annual
SNA 1993: GDP: by Expenditure: Current Price: Base 1994: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: Current Price: Base 2005
SNA 1993: GDP: by Industry: 1994 Price: Seasonally Adjusted
SNA 1993: GDP: by Industry: Chain Linked 2005 Price: Annual
SNA 1993: GDP: by Industry: Current Price: Base 1994: Seasonally Adjusted
SNA 1993: GDP: by Industry: Current Price: Base 2005: Annual
SNA 1993: GDP: Gross Capital Formation: Base 1994
SNA 1993: GDP per Capita: Base 2000
Contribution to GDP
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: by Expenditure: Seasonally Adjusted: Annual
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Expenditure: 1994 Price: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: 2000 Price: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally Adjusted
SNA 1993. GDP: by Expenditure: Current Price: Base 2000: Seasonally Adjusted
SNA 1993: GDP: by Industry: 1994 Price
SNA 1993: GDP: by Industry: 2000 Price
SNA 1993: GDP: by Industry: Chain Linked 2005 Price: Seasonally Adjusted
SNA 1993: GDP: by Industry: Current Price: Base 2000
SNA 1993: GDP: by Industry: Current Price: Base 2005: Seasonally Adjusted
SNA 1993: GDP: Main Aggregates: Base 1994
SNA 1993: Gross National Disposable Income: Base 1994