The Sales Tax Rate in Bhutan stands at 50 percent. In Bhutan, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Bhutan. This page provides - Bhutan Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Cambodia stands at 10 percent. In Cambodia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Cambodia. This page provides - Cambodia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Georgia stands at 18 percent. In Georgia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Georgia. This page provides - Georgia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Iran stands at 8 percent. Sales Tax Rate in Iran averaged 6.64 percent from 2010 until 2020, reaching an all time high of 9 percent in 2017 and a record low of 3 percent in 2010. In Iran, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Iran. This page provides - Iran Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Israel stands at 17 percent. Sales Tax Rate in Israel averaged 16.73 percent from 2006 until 2020, reaching an all time high of 18 percent in 2013 and a record low of 15.50 percent in 2007. In Israel, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Israel. This page provides - Israel Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Laos stands at 10 percent. In Laos, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Laos. This page provides - Laos Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Lebanon stands at 11 percent. Sales Tax Rate in Lebanon averaged 10.43 percent from 2014 until 2020, reaching an all time high of 11 percent in 2018 and a record low of 10 percent in 2015. In Lebanon, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Lebanon. This page provides - Lebanon Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Mongolia stands at 10 percent. In Mongolia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Mongolia. This page provides - Mongolia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Nepal stands at 13 percent. In Nepal, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Nepal. This page provides - Nepal Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Philippines stands at 12 percent. Sales Tax Rate in Philippines averaged 11.87 percent from 2006 until 2020, reaching an all time high of 12 percent in 2007 and a record low of 10 percent in 2006. In Philippines, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Philippines. This page provides - Philippines Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Thailand stands at 7 percent. In Thailand, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Thailand. This page provides - Thailand Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in the United Arab Emirates stands at 5 percent. In the United Arab Emirates, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of the United Arab Emirates. This page provides - United Arab Emirates Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Gambia stands at 15 percent. In Gambia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Gambia. This page provides the latest reported value for - Gambia Sales Tax Rate | VAT - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Zimbabwe stands at 14.50 percent. Sales Tax Rate in Zimbabwe averaged 14.94 percent from 2012 until 2020, reaching an all time high of 15 percent in 2013 and a record low of 14.50 percent in 2020. In Zimbabwe, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Zimbabwe. This page provides - Zimbabwe Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Tanzania stands at 18 percent. Sales Tax Rate in Tanzania averaged 18.53 percent from 2006 until 2020, reaching an all time high of 20 percent in 2007 and a record low of 18 percent in 2010. In Tanzania, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Tanzania. This page provides - Tanzania Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Rwanda stands at 18 percent. In Rwanda, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Rwanda. This page provides - Rwanda Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Tunisia stands at 19 percent. Sales Tax Rate in Tunisia averaged 18.13 percent from 2006 until 2020, reaching an all time high of 19 percent in 2019 and a record low of 18 percent in 2007. In Tunisia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Tunisia. This page provides - Tunisia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Uganda stands at 18 percent. In Uganda, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Uganda. This page provides - Uganda Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Mozambique stands at 17 percent. In Mozambique, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Mozambique. This page provides - Mozambique Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Algeria stands at 19 percent. Sales Tax Rate in Algeria averaged 18.14 percent from 2014 until 2020, reaching an all time high of 19 percent in 2017 and a record low of 17 percent in 2015. In Algeria, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Algeria. This page provides - Algeria Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Republic of the Congo stands at 18.90 percent. Sales Tax Rate in Republic of the Congo averaged 18.26 percent from 2014 until 2020, reaching an all time high of 18.90 percent in 2019 and a record low of 18 percent in 2015. In Republic Of The Congo, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Republic Of The Congo. This page provides - Republic Of The Congo Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Equatorial Guinea stands at 15 percent. In Equatorial Guinea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Equatorial Guinea. This page provides - Equatorial Guinea Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Ghana stands at 12.50 percent. Sales Tax Rate in Ghana averaged 13.93 percent from 2014 until 2020, reaching an all time high of 15 percent in 2015 and a record low of 12.50 percent in 2018. In Ghana, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Ghana. This page provides - Ghana Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Namibia stands at 15 percent. In Namibia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Namibia. This page provides - Namibia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Gabon stands at 18 percent. In Gabon, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Gabon. This page provides - Gabon Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Malawi stands at 16.50 percent. In Malawi, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Malawi. This page provides - Malawi Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Morocco stands at 20 percent. In Morocco, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Morocco. This page provides - Morocco Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Seychelles stands at 15 percent. In Seychelles, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Seychelles. This page provides - Seychelles Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Burundi stands at 18 percent. In Burundi, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Burundi. This page provides - Burundi Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Burkina Faso stands at 18 percent. In Burkina Faso, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Burkina Faso. This page provides - Burkina Faso Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Eritrea stands at 5 percent. Sales Tax Rate in Eritrea averaged 4.57 percent from 2014 until 2020, reaching an all time high of 5 percent in 2017 and a record low of 4 percent in 2015. In Eritrea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Eritrea. This page provides - Eritrea Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Ethiopia stands at 15 percent. In Ethiopia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Ethiopia. This page provides - Ethiopia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Mali stands at 18 percent. In Mali, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Mali. This page provides - Mali Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Norway stands at 25 percent. In Norway, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Norway. This page provides - Norway Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in South Africa stands at 15 percent. Sales Tax Rate in South Africa averaged 14.14 percent from 2006 until 2019, reaching an all time high of 15 percent in 2018 and a record low of 14 percent in 2007. In South Africa, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of South Africa. This page provides - South Africa Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Bosnia And Herzegovina stands at 41.50 percent. Social Security Rate in Bosnia And Herzegovina averaged 41.60 percent from 2010 until 2019, reaching an all time high of 42 percent in 2017 and a record low of 41.50 percent in 2011. This page provides - Bosnia And Herzegovina Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Slovenia stands at 38.20 percent. Social Security Rate in Slovenia averaged 38.18 percent from 2000 until 2019, reaching an all time high of 38.20 percent in 2002 and a record low of 38 percent in 2001. In Slovenia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Slovenia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Slovenia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Slovakia stands at 48.60 percent. Social Security Rate in Slovakia averaged 48.98 percent from 2000 until 2019, reaching an all time high of 50.55 percent in 2001 and a record low of 48.60 percent in 2005. In Slovakia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Slovakia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Slovakia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in New Zealand stands at 11 percent. Social Security Rate in New Zealand averaged 8.80 percent from 2004 until 2018, reaching an all time high of 11 percent in 2007 and a record low of 0 percent in 2005. In New Zealand, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of New Zealand because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - New Zealand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Latvia stands at 35.09 percent. Social Security Rate in Latvia averaged 33.90 percent from 2004 until 2019, reaching an all time high of 35.09 percent in 2012 and a record low of 33.09 percent in 2005. In Latvia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Latvia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Latvia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Kosovo stands at 10 percent. In Kosovo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Kosovo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Kosovo Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Colombia increased to 1095100 COP/Month in 2018 from 1065500 COP/Month in 2017. Living Wage Family in Colombia averaged 1068875 COP/Month from 2015 until 2018, reaching an all time high of 1095100 COP/Month in 2018 and a record low of 1042100 COP/Month in 2016. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Colombia recorded a government debt equivalent to 50.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Colombia averaged 38.41 percent from 1996 until 2018, reaching an all time high of 50.50 percent in 2018 and a record low of 23.30 percent in 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia scored 62.73 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Colombia averaged 17.49 Points from 2007 until 2019, reaching an all time high of 62.73 Points in 2019 and a record low of 4.04 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Colombia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Colombia is the 57 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Colombia averaged 65.38 from 2007 until 2019, reaching an all time high of 74 in 2009 and a record low of 57 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Colombia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Colombia remained unchanged at 18.92 Tonnes in the fourth quarter of 2019 from 18.92 Tonnes in the third quarter of 2019. Gold Reserves in Colombia averaged 9.20 Tonnes from 2000 until 2019, reaching an all time high of 18.92 Tonnes in the third quarter of 2019 and a record low of 3.49 Tonnes in the third quarter of 2015. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Colombia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2018. Government Budget in Colombia averaged -3.58 percent of GDP from 2001 until 2018, reaching an all time high of 0.23 percent of GDP in 2005 and a record low of -8.47 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Colombia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Colombia stands at 19 percent. Sales Tax Rate in Colombia averaged 16.64 percent from 2006 until 2019, reaching an all time high of 19 percent in 2017 and a record low of 16 percent in 2007. In Colombia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Colombia. This page provides - Colombia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Colombia increased to 35875.96 COP Billion in the fourth quarter of 2019 from 35650.04 COP Billion in the third quarter of 2019. Government Spending in Colombia averaged 22237.06 COP Billion from 2000 until 2019, reaching an all time high of 35875.96 COP Billion in the fourth quarter of 2019 and a record low of 11533 COP Billion in the first quarter of 2000. 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. This page provides - Colombia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Colombia decreased to 254863.89 COP Million in February from 260389.98 COP Million in January of 2020. Private Sector Credit in Colombia averaged 127001.10 COP Million from 1980 until 2020, reaching an all time high of 574361.99 COP Million in November of 1998 and a record low of 2536 COP Million in April of 1980. This page provides - Colombia Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.