Data / Government balance / Colombia

Government balance in Colombia

Government balance in Colombia was -5.3% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is down 2.1 pts from 2023. That is the 31st highest of 38 countries in 2024.

2024, % of GDP-5.3 Estimated
Change on 2023-2.1 pts
Rank31st of 38Countries ranked
Series high-0.42012
Series low-8.82020

Government balance in Colombia, 2005 to 2024

-10-8-6-4-2020052008201120142017202020242005: -2.5 % of GDP2006: -1.6 % of GDP2007: -1.7 % of GDP2008: -0.5 % of GDP2009: -0.7 % of GDP2010: -0.8 % of GDP2011: -0.5 % of GDP2012: -0.4 % of GDP2013: -1.5 % of GDP2014: -3.1 % of GDP2015: -3.4 % of GDP2016: -4.6 % of GDP2017: -3.8 % of GDP2018: -5.2 % of GDP2019: -4.1 % of GDP2020: -8.8 % of GDP2021: -7.8 % of GDP2022: -5 % of GDP2023: -3.2 % of GDP2024: -5.3 % of GDP
% of GDP. Source: OECD, OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved 2026-10-12, published 2026-10-12.
All 20 values
Period% of GDP
2024-5.3 Estimated
2023-3.2 Estimated
2022-5
2021-7.8
2020-8.8
2019-4.1
2018-5.2
2017-3.8
2016-4.6
2015-3.4
2014-3.1
2013-1.5
2012-0.4
2011-0.5
2010-0.8
2009-0.7
2008-0.5
2007-1.7
2006-1.6
2005-2.5

Rankings

Definition

General government net lending (+) or net borrowing (-) as a percentage of GDP.

How to cite

OECD. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the government balance as a share of GDP in Colombia?

Government balance in Colombia was -5.3% of GDP in 2024, according to the Organisation for Economic Co-operation and Development. That is down 2.1 pts from 2023. That is the 31st highest of 38 countries in 2024.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Retrieved by Invokely on 2026-10-12.

What was the highest government balance as a share of GDP in Colombia?

-0.4% of GDP in 2012, the highest value since 2005 in this series.

Government balance in other countries

Related statistics for Colombia

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