Colombia—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #69 of 139Updated April 2026
Latest Value
26.0%
2024
YoY Change
-8.7%
2023 → 2024
Global Rank
#69
of 139 countries
Maximum
28.4%
2023
Minimum
15.5%
2000
CAGR
+2.2%
19 years
Last
26.0%
Previous
28.4%
Highest
28.4%
Lowest
15.5%
Source
World Bank World Development Indicators
Colombia's government revenue (% of gdp) was 26.0% in 2024, ranking #69 out of 139 countries. This represents a -8.7% change from 2023. Over the past 19 years, the highest recorded value was 28.4% (2023) and the lowest was 15.5% (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 26.0% | -8.7% |
| 2023 | 28.4% | +11.8% |
| 2022 | 25.4% | +5.3% |
| 2021 | 24.1% | +1.9% |
| 2020 | 23.7% | -7.4% |
| 2019 | 25.6% | +8.9% |
| 2018 | 23.5% | +3.9% |
| 2017 | 22.6% | -6.8% |
| 2016 | 24.2% | +0.5% |
| 2015 | 24.1% | +2.8% |
| 2014 | 23.4% | -4.3% |
| 2013 | 24.5% | -7.0% |
| 2012 | 26.3% | +12.1% |
| 2011 | 23.5% | +8.9% |
| 2010 | 21.6% | +3.0% |
| 2009 | 20.9% | -4.3% |
| 2008 | 21.9% | -4.1% |
| 2003 | 22.8% | +47.4% |
| 2000 | 15.5% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).