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

Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • 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."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • 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."
STAT Colombia Mexico HISTORY
Compensation of employees > % of expense 20.18%
Ranked 54th. 18% more than Mexico
17.09%
Ranked 40th.

Compensation of employees > Current LCU 15.18 trillion
Ranked 2nd. 105 times more than Mexico
145.06 billion
Ranked 11th.

Expense > % of GDP 28.51%
Ranked 41st. 85% more than Mexico
15.44%
Ranked 63th.

Expense > Current LCU 75.23 trillion
Ranked 2nd. 89 times more than Mexico
848.76 billion
Ranked 7th.

Goods and services expense > % of expense 9%
Ranked 71st. 14% more than Mexico
7.87%
Ranked 59th.

Goods and services expense > Current LCU 6.77 trillion
Ranked 2nd. 101 times more than Mexico
66.79 billion
Ranked 14th.

Interest payments > % of expense 17.27%
Ranked 17th. 30% more than Mexico
13.33%
Ranked 21st.

Interest payments > % of revenue 20.61%
Ranked 10th. 48% more than Mexico
13.96%
Ranked 19th.

Interest payments > Current LCU 12.99 trillion
Ranked 2nd. 115 times more than Mexico
113.16 billion
Ranked 7th.

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

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