Government net lending/borrowing in Colombia

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: -5.2% 2027: -4.3% 2028: -2.7% 2029: -2.5% 2030: -2.4% 2031: -2.4%

-5.4 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	-5.4
Jan 1998	-3.9
Jan 1997	-3.2
Jan 1996	-2.5
Jan 1995	-1.0
Jan 1994	-0.1
Jan 1993	-0.2
Jan 1992	-0.1
Jan 1991	0.3
Jan 1990	-0.4

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

Colombia's government deficit is the negative balance of the public accounts when spending exceeds revenue in a year; when revenue exceeds spending there is a surplus. It is usually expressed as a percentage of GDP.

How it's calculated

It is calculated as the difference between the public sector's non-financial revenue and expenditure, following government finance statistics methodology. In Colombia the Central National Government balance is closely tracked alongside the consolidated public sector.

Market implications

The deficit determines the state's financing needs and the path of public debt. Compliance with Colombia's fiscal rule is a key reference for markets, rating agencies and the peso.

Limitations

It is a low-frequency reading subject to revision. It is worth separating the headline balance from the primary balance (which excludes interest) and from the cyclical component; oil-linked revenue can add volatility to the outcome.