Government budget and revenue in Boyaca, Colombia: official figures
The department of Boyaca scored 57.3 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (14th highest of 32 departments; departmental average 56.6).
How dependent is Boyaca on money from the national government?
Transfers from the national government made up 55.8% of the total revenue of the department of Boyaca in 2023 (16th highest of 32 departments).
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow much does Boyaca invest?
Gross fixed capital formation, the measure of investment spending in the index, accounted for 0.8% of spending in Boyaca in 2023 (6th lowest of 32 departments).
Source: Departamento Nacional de Planeacion (DNP) · saved copyDoes Boyaca have a budget surplus?
Current savings, the share of current revenue left after current spending, were 56.2% in Boyaca in 2023 (12th highest of 32 departments). The debt indicator in the index stood at 48.9%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow is the fiscal performance index of Boyaca calculated?
In the fiscal results dimension of the 2023 index (80% of the score) Boyaca scored 48.2 out of 100, and in the financial management dimension (20%) 93.3. Its investment execution indicator was 88.2% and its revenue programming and collection indicator 99.5%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyIs Boyaca within its legal spending limits?
The headroom under the legal cap on running costs (Law 617 of 2000) was 11.5 percentage points for Boyaca in 2023, and the primary balance indicator was 11.6%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow Boyaca compares with other departments
Fiscal performance index (0-100) (2023)
Boyaca ranks 14 of 32, highest first. DNP, departments only
| Rank | Region | Fiscal performance index (0-100) |
|---|---|---|
| 11 | Huila | 59.1 |
| 12 | Norte de Santander | 58.1 |
| 13 | Meta | 57.9 |
| 14 | Boyaca | 57.3 |
| 15 | Casanare | 55.8 |
| 16 | Cordoba | 54.7 |
| 17 | Santander | 54.7 |
Share of revenue from national transfers (2023)
Boyaca ranks 16 of 32, highest first. DNP, departments only
| Rank | Region | Share of revenue from national transfers |
|---|---|---|
| 13 | Caqueta | 64.3% |
| 14 | Narino | 59.1% |
| 15 | Tolima | 55.9% |
| 16 | Boyaca | 55.8% |
| 17 | Magdalena | 54.8% |
| 18 | Bolivar | 54.8% |
| 19 | Cesar | 53.8% |
Current savings as share of current revenue (2023)
Boyaca ranks 12 of 32, highest first. DNP, departments only
| Rank | Region | Current savings as share of current revenue |
|---|---|---|
| 9 | Atlantico | 59.4% |
| 10 | Sucre | 56.7% |
| 11 | Norte de Santander | 56.3% |
| 12 | Boyaca | 56.2% |
| 13 | Casanare | 56.2% |
| 14 | Narino | 53.0% |
| 15 | Magdalena | 51.2% |
More on Boyaca: overview · economy and jobs · health · education and schools · poverty and living standards · Colombia
Sources
- Departamento Nacional de Planeacion (DNP): Indice de Desempeno Fiscal (IDF), nueva metodologia, vigencia 2023: results for departments and municipalities (including Bogota D.C.), read 23 October 2026 · saved copy (SHA-256 8ed6c18c648b…)
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