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Colombia Fiscal Balance
-6% GDPas of 2024
Colombia's fiscal balance stands at -6% GDP as of 2024. The indicator has decreased from -1.7% in 2014 to -6% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -1.7% GDP | — |
| 2015 | -3.5% GDP | -1.8pp |
| 2016 | -2.3% GDP | +1.2pp |
| 2017 | -2.5% GDP | -0.2pp |
| 2018 | -4.7% GDP | -2.2pp |
| 2019 | -3.5% GDP | +1.2pp |
| 2020 | -7.1% GDP | -3.6pp |
| 2021 | -7.3% GDP | -0.2pp |
| 2022 | -6.4% GDP | +0.9pp |
| 2023 | -2.9% GDP | +3.5pp |
| 2024 | -6% GDP | -3.1pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.