Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
71.2% GDP
2024
Govt expenditure
33.3% GDP
2023
Budget deficit
4.6% GDP
2024

Price level

Colombia is 62.2% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
37.8(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2010

YearDebt (% GDP)Change
201072.5—
201162.9-9.6
201265.2+2.4
201367.1+1.9
201448-19.1
201553.3+5.3
201666.9+13.6
201766.7-0.2
201871.7+4.9
201972.7+1.1
202091.2+18.5
202180.4-10.7
202270.3-10.2
202371.2+1
202471.2-0

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Colombia — nstate — nstate