Colombia - Expense

Expense (current LCU)

The value for Expense (current LCU) in Colombia was 327,894,000,000,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 327,894,000,000,000 in 2019 and a minimum value of 27,136,600,000,000 in 1998.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year	Value
1998	27,136,600,000,000
1999	33,526,500,000,000
2000	35,310,900,000,000
2003	75,227,900,000,000
2008	117,082,000,000,000
2009	124,040,000,000,000
2010	138,215,000,000,000
2011	149,957,000,000,000
2012	166,847,000,000,000
2013	237,687,000,000,000
2014	230,111,000,000,000
2015	215,784,000,000,000
2016	247,308,000,000,000
2017	253,175,000,000,000
2018	299,567,000,000,000
2019	327,894,000,000,000

Expense (% of GDP)

Expense (% of GDP) in Colombia was 30.90 as of 2019. Its highest value over the past 21 years was 33.29 in 2013, while its lowest value was 16.93 in 2000.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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Year	Value
1998	19.32
1999	22.12
2000	16.93
2003	27.62
2008	24.57
2009	24.73
2010	25.40
2011	24.22
2012	25.03
2013	33.29
2014	30.16
2015	26.82
2016	28.63
2017	27.50
2018	30.33
2019	30.90

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance