HistoryData

Healthcare Spending: Colombia

Colombia's healthcare spending is currently 8.141 % of GDP as of 2024. # Colombia Healthcare Spending Colombia allocated 8.

Current (2024)
8.141 % of GDP
-0.2% y/y
Peak (2021)
9.142 % of GDP
Low (2000)
5.635 % of GDP
Source
World Bank World Development Indicators
20002024 · 25 pts

Healthcare SpendingColombia

20002024

Healthcare Spending — Colombia
5.635% of GDP6.512% of GDP7.389% of GDP8.265% of GDP9.142% of GDP2000201020202024LowPeak
Analysis# Colombia Healthcare Spending Colombia allocated 8.141% of its GDP to healthcare in 2024, representing a significant increase from the 5.635% recorded in 2000—a 44.5% rise over two decades. The country peaked at 9.142% in 2021 before moderating to current levels, indicating strategic recalibration following pandemic-driven expenditures. The most striking shift occurred between 2020 and 2021, when spending jumped from 8.698% to 9.142%, reflecting emergency healthcare demands during the COVID-19 crisis. A sharp correction followed in 2022, dropping to 7.59%, though spending rebounded slightly in subsequent years. Colombia's healthcare investment trajectory suggests stabilization around the 8% threshold, balancing fiscal constraints with sustained demand for medical services.

Historical Data

25 Rows
YearValueChange %
20248.141 % of GDP-0.21%
20238.158 % of GDP+7.48%
20227.59 % of GDP-16.98%
20219.142 % of GDP+5.10%
20208.698 % of GDP+11.03%
20197.834 % of GDP+1.50%
20187.718 % of GDP+0.51%
20177.679 % of GDP+1.97%
20167.531 % of GDP+0.11%
20157.523 % of GDP+4.69%
20147.186 % of GDP+2.41%
20137.017 % of GDP+4.02%
20126.746 % of GDP-0.52%
20116.781 % of GDP-4.10%
20107.071 % of GDP-3.28%
20097.311 % of GDP+6.85%
20086.842 % of GDP+5.41%
20076.491 % of GDP+2.46%
20066.335 % of GDP+4.42%
20056.067 % of GDP+4.62%
Show all 25 rows
YearValueChange %
20045.799 % of GDP+0.42%
20035.775 % of GDP+0.73%
20025.733 % of GDP-3.52%
20015.942 % of GDP+5.45%
20005.635 % of GDP

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