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Country finance

Latin America & Caribbean · OECD

Data checked 28 Oct 2026 · next scheduled check 1 Jan 2027 · UN World Population Prospects (via World Bank) released 1 Jul 2026 · World Bank WDI released 8 Oct 2026

Total spending · 2024

38.6%

+25.0 pts since 1995

Welfare · 2024

10.3%

+0.8 pts since 2009

Healthcare · 2024

8.95%

+3.9 pts since 2009

Defence · 2024

1.07%

-0.6 pts since 2009

Education · 2024

3.86%

+0.4 pts since 2009

Debt interest · 2024

4.27%

+4.3 pts since 2009

Gross debt · 2025

59.9%

of GDP · +37 pts since 1996

Population · 2025

53.4m

49.2% since 1995

Public-sector employment

Not available: no official public-sector employment series is loaded for Colombia yet.

Welfare rose from 9.5% to 12.1% of GDP between 2009 and 2015, then fell to 10.3% by 2024.

Healthcare fell from 5.0% to 4.6% of GDP between 2009 and 2012, then rose to 8.9% by 2024.

Defence fell from 1.6% to 1.1% of GDP between 2009 and 2024.

Education rose from 3.5% to 4.4% of GDP between 2009 and 2020, then fell to 3.9% by 2024.

Debt interest rose from 0.0% to 4.3% of GDP between 2009 and 2024.

Total spending rose from 13.6% to 40.7% of GDP between 1995 and 2020, then fell to 38.6% by 2024.

Gross debt rose from 23.3% to 65.3% of GDP between 1996 and 2020, then fell to 59.9% by 2025.

Population grew from 35.8 million in 1995 to 53.4 million in 2025; the UN projects 59.4 million by 2050.

Every figure comes from official statistics: the national office's own COFOG submission (via Eurostat or the OECD) first, then the IMF, the World Bank and the UN. COFOG covers general government (central, state and local together). A dashed vertical mark on a line is a series break, where the source changes. Euro-area history is in euro-fixed terms.