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Government budget and revenue in Bolivar, Colombia: official figures

The department of Bolivar scored 42.1 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (the lowest of 32 departments; departmental average 56.6).

Fiscal performance index (DNP, 0-100)
42.1
2023

How dependent is Bolivar on money from the national government?

Transfers from the national government made up 54.8% of the total revenue of the department of Bolivar in 2023 (15th lowest of 32 departments).

Source: Departamento Nacional de Planeacion (DNP) · saved copy

How much does Bolivar invest?

Gross fixed capital formation, the measure of investment spending in the index, accounted for 0.1% of spending in Bolivar in 2023 (2nd lowest of 32 departments).

Source: Departamento Nacional de Planeacion (DNP) · saved copy

Does Bolivar have a budget surplus?

Current savings, the share of current revenue left after current spending, were 37.2% in Bolivar in 2023 (8th lowest of 32 departments). The debt indicator in the index stood at 87.6%.

Source: Departamento Nacional de Planeacion (DNP) · saved copy

How is the fiscal performance index of Bolivar calculated?

In the fiscal results dimension of the 2023 index (80% of the score) Bolivar scored 37.6 out of 100, and in the financial management dimension (20%) 60.0. Its investment execution indicator was 86.6% and its revenue programming and collection indicator 94.9%.

Source: Departamento Nacional de Planeacion (DNP) · saved copy

How Bolivar compares with other departments

Fiscal performance index (0-100) (2023)

Bolivar ranks 32 of 32, highest first. DNP, departments only

RankRegionFiscal performance index (0-100)
26Vichada49.3
27Vaupes49.2
28Cauca49.1
29Caqueta49.0
30Magdalena47.3
31Risaralda46.7
32Bolivar42.1
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Share of revenue from national transfers (2023)

Bolivar ranks 18 of 32, highest first. DNP, departments only

RankRegionShare of revenue from national transfers
15Tolima55.9%
16Boyaca55.8%
17Magdalena54.8%
18Bolivar54.8%
19Cesar53.8%
20Norte de Santander52.0%
21Huila51.5%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Current savings as share of current revenue (2023)

Bolivar ranks 25 of 32, highest first. DNP, departments only

RankRegionCurrent savings as share of current revenue
22Amazonas42.6%
23Arauca42.1%
24Santander42.0%
25Bolivar37.2%
26Caqueta36.4%
27Tolima36.4%
28Putumayo35.5%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

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Sources

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