Colombia Government Budget Value
Colombia recorded a government budget deficit of 4448.40 COP Billion in February of 2020. Government Budget Value in Colombia averaged -539.02 COP Billion from 1963 until 2020, reaching an all time high of 9207.09 COP Billion in April of 2012 and a record low of -10366.03 COP Billion in December of 2012. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Colombia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.