Home → Colombia → Government → Government Revenue

Colombia Government Revenue

General government revenue as % of GDP  GGR_NGDP

Colombia's government revenue was 27.55% in 2025, ranked 93rd globally. This represents a 3.0% decrease from 2024. Data from IMF WEO, covering 1980–2025.

27.55% −0.85% (-3.0%)
Year 2025 Rank #93 Global Peak 32.20% (2023) Source IMF WEO

Colombia Government Revenue (1980–2025)

Overview

Colombia's government revenue stood at 27.55% in 2025, a decline of +0.85% from 2024. The IMF projects 27.55% by 2025. Colombia ranked 93rd globally.

Colombia’s government revenue as a share of GDP has risen sharply from a modest 0.05 in 1980 to 27.55 in 2025, placing the country 93rd globally and positioning it alongside peers such as South Africa (27.64) and Georgia (27.61). The upward trajectory accelerated after the early‑1980s trough of 0.04 in 1981, reflecting successive tax reforms, improved fiscal administration and higher commodity prices that boosted fiscal capacity. The all‑time peak of 32.20 in 2023 marked the highest level of revenue mobilisation in the 46‑year series, driven by stronger collection efficiency and expanded base‑broadening measures. While the recent dip to 27.55 suggests a modest pull‑back, the long‑run trend remains firmly upward, indicating that continued diversification of the tax base and sustained economic growth could keep revenue ratios on an expanding path, barring major fiscal shocks.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 29.47% - -
2029* IMF 29.27% - -
2028* IMF 29.02% - -
2027* IMF 28.53% - -
2026* IMF 27.95% - -
2025* IMF 27.55% - -
2025 27.55% −0.85% #93
2024 28.40% −3.80% #84
2023 32.20% +4.45% #69
2022 27.75% +0.53% #88
2021 27.22% +0.63% #84
2020 26.59% −2.81% #91
2019 29.40% −0.59% #78
2018 29.99% +3.17% #79
2017 26.83% −0.90% #91
2016 27.72% −0.04% #83
2015 27.76% −1.76% #81
2014 29.52% +0.54% #84
2013 28.98% −0.27% #87
2012 29.25% +1.01% #90
2011 28.24% +1.19% #88
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 11.7% GDP growth 0.7% Unemployment 9.6%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Colombia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Colombia's government revenue?▾

Colombia's government revenue was 27.55% in 2025. Ranked 93rd globally. This represents a 3.0% decrease from the previous year.

What was the highest government revenue in Colombia?▾

Colombia's government revenue peaked at 32.20% in 2023.

What was the lowest government revenue in Colombia?▾

The lowest government revenue in Colombia was 0.04% in 1981.

How does Colombia rank in government revenue?▾

Colombia ranks 93rd globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Colombia in 2025?▾

Colombia's government revenue is projected to reach 27.55% by 2025 based on IMF projection.

What is the government revenue of Colombia in 2025?▾

The government revenue of Colombia in 2025 was 27.55%. This ranks 93rd in the world.

Cite this page

APA
Colombia Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/colombia/government-revenue/
BibTeX
@misc{historysaid_colombia_government-revenue, title = {Colombia Government Revenue}, url = {https://historysaid.com/colombia/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub