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Government > Spending Stats: compare key data on Colombia & United States

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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."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • 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 United States HISTORY
Compensation of employees > % of expense 20.18%
Ranked 54th. 67% more than United States
12.08%
Ranked 75th.

Compensation of employees > Current LCU 15.18 trillion
Ranked 2nd. 38 times more than United States
399.42 billion
Ranked 14th.

Expense > % of GDP 28.51%
Ranked 41st. 10% more than United States
25.94%
Ranked 2nd.

Expense > Current LCU 75.23 trillion
Ranked 2nd. 20 times more than United States
3.7 trillion
Ranked 1st.

Goods and services expense > % of expense 9%
Ranked 71st.
15.67%
Ranked 32nd. 74% more than Colombia

Goods and services expense > Current LCU 6.77 trillion
Ranked 2nd. 13 times more than United States
518.29 billion
Ranked 9th.

Interest payments > % of expense 17.27%
Ranked 17th. 2 times more than United States
7.31%
Ranked 3rd.

Interest payments > % of revenue 20.61%
Ranked 10th. 73% more than United States
11.93%
Ranked 1st.

Interest payments > Current LCU 12.99 trillion
Ranked 2nd. 48 times more than United States
270.49 billion
Ranked 1st.

Other expense > % of expense 12.36%
Ranked 12th.
26.91%
Ranked 1st. 2 times more than Colombia

Other expense > Current LCU 9.3 trillion
Ranked 1st. 9 times more than United States
995.12 billion
Ranked 1st.

Subsidies and other transfers > % of expense 41.5%
Ranked 48th.
69.14%
Ranked 1st. 67% more than Colombia

Subsidies and other transfers > Current LCU 31.22 trillion
Ranked 2nd. 12 times more than United States
2.56 trillion
Ranked 1st.

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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