Colombia Government Budget ValueColombia Government Budget ValueColombia Government Budget Value

Colombia Government Budget Value

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Key data points

Last release
Observation period
Dec 2023
Next release
Forecast
Highest
‪9.73 T‬COP on Apr 30, 2012
Lowest
‪−19.58 T‬COP on Dec 31, 2012

About Colombia Government Budget Value

Category
Government
Frequency
Monthly
Units
COP
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.