Government Spending in Colombia increased to 33223.94 COP Billion in the third quarter of 2018 from 33019.08 COP Billion in the second quarter of 2018. Government Spending in Colombia averaged 17685.08 COP Billion from 2000 until 2018, reaching an all time high of 33269.24 COP Billion in the first quarter of 2018 and a record low of 11533 COP Billion in the first quarter of 2000.
Government Spending in Colombia is expected to be 25646.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Colombia to stand at 34076.00 in 12 months time. In the long-term, the Colombia Government Spending is projected to trend around 27314.00 COP Billion in 2020, according to our econometric models.