Colombia - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Colombia was 31,645,800,000,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 36,191,700,000,000 in 2013 and a minimum value of 2,757,490,000,000 in 2000.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

Year	Value
1998	2,790,780,000,000
1999	3,085,330,000,000
2000	2,757,490,000,000
2003	6,772,230,000,000
2008	12,511,200,000,000
2009	13,045,100,000,000
2010	14,567,200,000,000
2011	15,040,000,000,000
2012	29,989,500,000,000
2013	36,191,700,000,000
2014	30,641,300,000,000
2015	30,886,800,000,000
2016	24,754,700,000,000
2017	33,146,100,000,000
2018	35,986,000,000,000
2019	31,645,800,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Colombia was 9.65 as of 2019. Its highest value over the past 21 years was 17.97 in 2012, while its lowest value was 7.81 in 2000.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

• Thematic map
• Country comparison
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Year	Value
1998	10.28
1999	9.20
2000	7.81
2003	9.00
2008	10.69
2009	10.52
2010	10.54
2011	10.03
2012	17.97
2013	15.23
2014	13.32
2015	14.31
2016	10.01
2017	13.09
2018	12.01
2019	9.65

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance