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Columbia
Economy
Budget

Budget of Columbia

Tax, spending, and the annual surplus or deficit they produce.

Growth Economic Growth Sectors Industries Debt Debt / Reserves Budget Infra Infrastructure Embargoes

The voters demand: Raise business support spending

Open for pledging — View demand →

The voters demand: Raise retirement spending

In delivery — View demand →

Annual Budget

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National debt decreases by $518.7bn a year ($43.2bn a month)

Annual Taxes

Earning band	Tax rate	Avg for peers	Tax take
Personal income tax: Low earners	15%	16.4%	$238.1bn
Personal income tax: Medium earners	24%	22.4%	$1,632.5bn
Personal income tax: High earners	33%	34.9%	$3,232.2bn
Personal income tax: Elite earners	38%	41.0%	$792.8bn
Total			$5,895.7bn
Decision income: Digital services levy			$309.5bn
Total after exceptional items			$6,205.2bn

Annual Spending

Category	$ per capita		% of budget		Our Country budget
Category	Our Country	Peers	Our Country	Peers	Our Country budget
Category	% of budget	Budget
Social Welfare	$1,410	$1,040	8.9%	8.5%	$500.0bn
Retirement	$3,102	$1,951	19.5%	16.5%	$1,100.0bn
Healthcare	$2,961	$2,388	18.6%	19.2%	$1,050.0bn
Education	$1,974	$1,642	12.4%	14.0%	$700.0bn
Housing	$1,128	$603	7.1%	5.5%	$400.0bn
Justice, Police & Internal Security	$1,015	$676	6.4%	7.5%	$360.0bn
Defence	$1,213	$827	7.6%	7.9%	$430.0bn
Environment & Climate	$212	$242	1.3%	2.0%	$75.0bn
Business Support	$1,072	$592	6.7%	5.9%	$380.0bn
Arts, Culture & Media	$282	$243	1.8%	2.1%	$100.0bn
Foreign Aid	$113	$69	0.7%	0.8%	$40.0bn
Roads & Highways	$504	$385	3.2%	3.7%	$178.6bn
Public Transport & Rail	$403	$305	2.5%	2.9%	$142.9bn
Energy Infrastructure	$302	$232	1.9%	2.2%	$107.1bn
Ports & Airports	$201	$157	1.3%	1.5%	$71.4bn
Total Budgeted Spending			100.0%		$5,635.0bn
Budget as a % of tax take					95.6%

Tax and Spend Flows

How tax, interest, and borrowing feed spending categories — hover a bar for the annual figure.

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