Overview
Discussions Key data points
Last release
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Observation period
Q2 2024
Next release
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Forecast
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Highest
40.59 T COP on Jun 30, 2024
Lowest
11.53 T COP on Mar 31, 2000
About Colombia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.