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Colombia — Health spending

Health Spending (% of GDP) for Colombia, 2000–2024.

Latest value · 2024
8.14%
Health Spending (% of GDP) · % of GDP · +44.5% since 2000

Health spending for Colombia was 8.14% in 2024, according to the latest World Bank data. The series covers 25 years, from 2000 to 2024. The highest recorded value was 9.14% in 2021. The lowest was 5.64% in 2000 (about 1.4× the low point). Across that span the compound annual growth rate works out to 1.54% per year.

Colombia ranks 58 of 189 economies on this measure (1 = highest), putting it in the top 31%. The median for Latin America & Caribbean is 6.87%, so Colombia sits above it. It peaked in 2021 and has fallen 11% since. Over the last decade (2014–2024) the figure moved up 13%.

Key figures

Latest (2024)
8.14%
First (2000)
5.64%
Change
+44.5%
Highest
9.14%
in 2021
Lowest
5.64%
in 2000
Average
7.07%
Annual growth (CAGR)
1.54%
Years of data
25

Recent years

Year% of GDP
20248.14%
20238.16%
20227.59%
20219.14%
20208.7%
20197.83%
20187.72%
20177.68%
20167.53%
20157.52%
20147.19%
20137.02%
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.