Ratio of government expenditure to GDP in Colombia 2007-2029
The ratio of government expenditure to GDP in Colombia was forecast to decrease between 2024 and 2029 by in total 1.5 percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 31.7 percent in 2029.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Suriname, Venezuela, and Guyana.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Suriname, Venezuela, and Guyana.
