Fiscal Expenditure in Colombia increased to 23485.27 COP Billion in June from 19275.30 COP Billion in May of 2021. source: Banco de la República de Colombia

Fiscal Expenditure in Colombia averaged 3636.06 COP Billion from 1963 until 2021, reaching an all time high of 31167.41 COP Billion in December of 2020 and a record low of 0.12 COP Billion in January of 1963. This page provides - Colombia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Fiscal Expenditure - values, historical data and charts - was last updated on November of 2021.

Fiscal Expenditure in Colombia is expected to be 18900.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Fiscal Expenditure is projected to trend around 18500.00 COP Billion in 2022 and 18000.00 COP Billion in 2023, according to our econometric models.

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Colombia Fiscal Expenditure

Related Last Previous Unit Reference
Government Budget -7.80 -2.50 percent of GDP Dec/20
Government Budget Value -9709.60 -3343.82 COP Billion Jun/21
Government Revenues 20187.85 10001.00 COP Billion Mar/21
Fiscal Expenditure 23485.27 19275.30 COP Billion Jun/21
Colombia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.