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Government Budget Balance (Local Currency) in Colombia

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle, World Bank
Last Updated: March 8, 2019

Government budget balance reached -10,659 in 2023 in Colombia, according to the National Statistical Office. This is 10.5% less than in the previous year.

Historically, government budget balance in Colombia reached an all time high of 1,963 in 2005 and an all time low of -28,828 in 2015.

Colombia has been ranked 79th within the group of 84 countries we follow in terms of government budget balance.

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