🇨🇴 Colombia Goods and services expense

Colombia Goods and services expense was $47.56T in 2024, up 12.1% from 2023, according to World Bank data. The 10-year average is $34.48T. Historical data available from 1998 to 2024 (21 data points). The all-time high was $47.56T in 2024.

Source: World Bank World Development Indicators • 1998202421 data pointsPublic Sector

Latest Value
$47.56T
2024
Year-on-Year
+12.1%
vs 2023
10-Year Average
$34.48T
20152024
Range
High: $47.56T (2024)
Low: $2.76T (2000)

Colombia Goods and services expense (current LCU)1998 to 2024

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About this Indicator

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$47.56T
2023$42.44T
2022$40.02T
2021$32.76T
2020$29.80T
2019$30.51T
2018$32.88T
2017$33.15T
2016$24.75T
2015$30.89T

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