Government gross debt in Colombia

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 60.9% 2027: 61.3% 2028: 61.0% 2029: 60.4% 2030: 59.8% 2031: 59.2%

34.0 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	34.0
Jan 1998	27.5
Jan 1997	25.3
Jan 1996	23.3

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt is the total liabilities owed by Colombia's general government to its domestic and foreign creditors. It is usually shown in absolute terms and, above all, as a percentage of GDP to gauge sustainability, and is compiled by the Ministry of Finance and Public Credit.

How it's calculated

It is compiled by summing general-government liabilities (securities such as TES bonds, loans and deposits) consolidated across subsectors, separating peso-denominated from foreign-currency debt. The debt-to-GDP ratio relates that stock to the size of the economy and may follow IMF definitions.

Market implications

The level of debt shapes fiscal sustainability, borrowing costs and the room for budget policy, in a country bound by a fiscal rule and watched by markets. A sustained rise pressures the peso and risk premia and weighs on rating-agency assessments.

Limitations

It is a low-frequency, revisable figure. Exchange-rate swings alter the peso value of external debt, and the ratio to GDP depends on both the stock and nominal GDP, so it can move with no real change in borrowing.