Colombia Government Budget Balance (% of GDP)

The yearly gap between government spending and revenue across all levels of government, as a share of GDP.

−5.8%

+0.3pp vs 2024

2025 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Budget Balance (% of GDP)

1982 to 2025

Source: IMF World Economic Outlook (GGXCNL_NGDP), annual, actual years only. Fallback: FRED series COLGGXCNLGDP (IMF Western Hemisphere Regional Economic Outlook).

Colombia Government Budget Balance (% of GDP) in context

Worked out from the published series shown above.

In Colombia, the government budget balance rose by 0.3pp in 2025, from −6.0% in 2024.

Over the past five years it has ranged from −7.3% in 2021 to −2.9% in 2023.

Its average since 1982 is −2.6%, and the latest reading is below that.

Colombia is 47th of 54 countries in our Government Budget Balance by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2025
Revision status
Latest published estimate, subject to revision

Negative means a deficit.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

More Colombia indicators

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