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Government > Spending Stats: compare key data on Colombia & Japan

Definitions

  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Colombia Japan
Expense > % of GDP 28.51%
Ranked 41st. 95% more than Japan
14.62%
Ranked 32nd.
Expense > Current LCU 75.23 trillion
Ranked 2nd. 18% more than Japan
63.87 trillion
Ranked 1st.
Interest payments > % of expense 17.27%
Ranked 17th.
20.48%
Ranked 10th. 19% more than Colombia
Interest payments > % of revenue 20.61%
Ranked 10th.
21.06%
Ranked 9th. 2% more than Colombia
Interest payments > Current LCU 12.99 trillion
Ranked 2nd.
13.08 trillion
Ranked 1st. 1% more than Colombia
Subsidies and other transfers > % of expense 41.5%
Ranked 48th.
64.76%
Ranked 1st. 56% more than Colombia
Subsidies and other transfers > Current LCU 31.22 trillion
Ranked 2nd.
41.37 trillion
Ranked 1st. 32% more than Colombia

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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