Colombia - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Colombia was 1,069,220,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,122,840,000,000,000 in 2019 and a minimum value of 26,659,210,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 26,659,210,000
1961 30,834,220,000
1962 34,203,600,000
1963 43,645,050,000
1964 54,234,860,000
1965 59,021,000,000
1966 76,484,000,000
1967 83,768,000,000
1968 98,110,000,000
1969 112,253,000,000
1970 134,473,000,000
1971 162,200,000,000
1972 188,748,000,000
1973 237,664,000,000
1974 325,899,000,000
1975 397,793,000,000
1976 515,497,000,000
1977 689,773,000,000
1978 883,772,000,000
1979 1,167,760,000,000
1980 1,569,320,000,000
1981 2,053,500,000,000
1982 2,604,140,000,000
1983 3,139,070,000,000
1984 3,878,920,000,000
1985 4,902,200,000,000
1986 6,323,400,000,000
1987 8,468,450,000,000
1988 11,446,300,000,000
1989 14,493,900,000,000
1990 23,321,900,000,000
1991 29,680,200,000,000
1992 39,959,000,000,000
1993 55,307,900,000,000
1994 71,531,400,000,000
1995 89,868,300,000,000
1996 106,397,000,000,000
1997 128,905,000,000,000
1998 148,764,000,000,000
1999 150,741,000,000,000
2000 210,276,000,000,000
2001 232,913,000,000,000
2002 253,545,000,000,000
2003 281,511,000,000,000
2004 314,908,000,000,000
2005 349,721,000,000,000
2006 397,571,000,000,000
2007 446,643,000,000,000
2008 490,605,000,000,000
2009 513,146,000,000,000
2010 552,672,000,000,000
2011 624,702,000,000,000
2012 674,590,000,000,000
2013 727,045,000,000,000
2014 795,082,000,000,000
2015 861,506,000,000,000
2016 922,246,000,000,000
2017 966,424,000,000,000
2018 1,034,570,000,000,000
2019 1,122,840,000,000,000
2020 1,069,220,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts