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Government budget and revenue in Armenia, Colombia: official figures

The Armenia municipal government reported total revenue of COP 1.06 trillion for 2025 to the Comptroller General's CUIPO system, 24th largest of 74 Colombian cities on this site; that was up 32.5% on 2024 (COP 801.2 billion) and up 26.4% on 2023.

Municipal revenue collected (CUIPO)
COP 1.06 trillion
2025

How much does Armenia collect per person?

Revenue collected by the Armenia municipal government in 2025 came to about COP 3,460,980 per resident (2025 projected population), 18th highest of 74 Colombian cities on this site.

Source: Contraloría General de la República · saved copy

How much tax does Armenia collect?

Tax revenue made up 26.2% of the revenue collected by the Armenia municipal government in 2025 (COP 278.1 billion, COP 906,776 per resident), 33rd highest of 74 Colombian cities on this site on share; the rest came from non-tax income, transfers and capital resources.

Source: Contraloría General de la República · saved copy

How much property tax does Armenia collect?

In 2025 Armenia collected COP 115.9 billion in property tax (impuesto predial unificado, COP 377,798 per resident, 17th highest of 74 Colombian cities on this site) and COP 77.2 billion in industry and commerce tax (ICA).

Source: Contraloría General de la República · saved copy

How much of the budget of Armenia comes from the national government?

Current transfers, mainly from the national government, were COP 558.9 billion in 2025, 52.7% of the revenue collected by the Armenia municipal government, 26th lowest of 74 Colombian cities on this site.

Source: Contraloría General de la República · saved copy

How much does Armenia borrow?

Capital resources (such as the opening cash balance, borrowing and capital transfers) accounted for COP 184.2 billion, 17.4% of the total revenue reported by the Armenia municipal government for 2025.

Source: Contraloría General de la República · saved copy

How has the budget of Armenia changed?

Total revenue reported by the Armenia municipal government was COP 840.0 billion in 2023, COP 801.2 billion in 2024 and COP 1.06 trillion in 2025, a change of +26.4% over two years, 34th fastest growth of 74 Colombian cities on this site.

Source: Contraloría General de la República · saved copy

How Armenia compares with other cities in Colombia

Municipal revenue collected per resident, 2025 (COP; 2025 projected population) (2025)

Armenia ranks 18 of 74, highest first.

RankCityMunicipal revenue collected per resident, 2025 (COP; 2025 projected population)
15TurboCOP 3,657,795
16BucaramangaCOP 3,639,383
17TunjaCOP 3,568,194
18ArmeniaCOP 3,460,980
19CúcutaCOP 3,371,399
20LoricaCOP 3,347,038
21GirardotCOP 3,338,366
Source: Contraloría General de la República · saved copy

Tax revenue as a share of total municipal revenue, 2025 (2025)

Armenia ranks 33 of 74, highest first.

RankCityTax revenue as a share of total municipal revenue, 2025
30Girón27.8%
31Los Patios26.9%
32Manizales26.4%
33Armenia26.2%
34Bello26.0%
35Dosquebradas25.7%
36Gudalajara de Buga25.3%
Source: Contraloría General de la República · saved copy

Municipal tax revenue per resident, 2025 (COP) (2025)

Armenia ranks 21 of 74, highest first.

RankCityMunicipal tax revenue per resident, 2025 (COP)
18MosqueraCOP 949,377
19YopalCOP 932,039
20PalmiraCOP 907,486
21ArmeniaCOP 906,776
22FloridablancaCOP 874,762
23FusagasugáCOP 819,790
24PiedecuestaCOP 816,562
Source: Contraloría General de la República · saved copy

Change in municipal revenue collected, 2023 to 2025 (2023-2025)

Armenia ranks 34 of 74, highest first.

RankCityChange in municipal revenue collected, 2023 to 2025
31Soledad+27.5%
32Popayán+26.7%
33Girardot+26.7%
34Armenia+26.4%
35Rionegro+26.4%
36Neiva+26.1%
37Valledupar+26.1%
Source: Contraloría General de la República · saved copy

Current transfers as a share of total municipal revenue, 2025 (2025)

Armenia ranks 49 of 74, highest first.

RankCityCurrent transfers as a share of total municipal revenue, 2025
46Girardot55.0%
47Fusagasugá54.3%
48Santa Marta53.5%
49Armenia52.7%
50Floridablanca52.5%
51Jamundí51.4%
52Facatativá50.0%
Source: Contraloría General de la República · saved copy

Property tax (impuesto predial) collected per resident, 2025 (COP) (2025)

Armenia ranks 17 of 74, highest first.

RankCityProperty tax (impuesto predial) collected per resident, 2025 (COP)
14FloridablancaCOP 421,720
15CaliCOP 419,964
16ItagüíCOP 387,345
17ArmeniaCOP 377,798
18PiedecuestaCOP 352,655
19FusagasugáCOP 349,867
20CajicáCOP 308,481
Source: Contraloría General de la República · saved copy

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Sources

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