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Government budget and revenue in Caldas, Colombia: official figures

The department of Caldas scored 61.6 out of 100 in the National Planning Department's 2023 fiscal performance index, the "vulnerable" range (7th highest of 32 departments; departmental average 56.6).

Fiscal performance index (DNP, 0-100)
61.6
2023

How dependent is Caldas on money from the national government?

Transfers from the national government made up 45.7% of the total revenue of the department of Caldas in 2023 (10th lowest of 32 departments).

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

How much does Caldas invest?

Gross fixed capital formation, the measure of investment spending in the index, accounted for 20.3% of spending in Caldas in 2023 (3rd highest of 32 departments).

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

Does Caldas have a budget surplus?

Current savings, the share of current revenue left after current spending, were 45.6% in Caldas in 2023 (14th lowest of 32 departments). The debt indicator in the index stood at 62.5%.

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

How is the fiscal performance index of Caldas calculated?

In the fiscal results dimension of the 2023 index (80% of the score) Caldas scored 51.9 out of 100, and in the financial management dimension (20%) 100.0. Its investment execution indicator was 92.5% and its revenue programming and collection indicator 119.2%.

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

How Caldas compares with other departments

Fiscal performance index (0-100) (2023)

Caldas ranks 7 of 32, highest first. DNP, departments only

RankRegionFiscal performance index (0-100)
4Antioquia68.8
5Atlantico67.9
6Sucre67.5
7Caldas61.6
8San Andres and Providencia61.0
9Putumayo61.0
10Guainia60.2
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Share of revenue from national transfers (2023)

Caldas ranks 23 of 32, highest first. DNP, departments only

RankRegionShare of revenue from national transfers
20Norte de Santander52.0%
21Huila51.5%
22Casanare46.8%
23Caldas45.7%
24Santander40.5%
25Quindio40.4%
26Meta36.6%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Current savings as share of current revenue (2023)

Caldas ranks 19 of 32, highest first. DNP, departments only

RankRegionCurrent savings as share of current revenue
16Quindio50.1%
17Meta49.8%
18Cauca48.1%
19Caldas45.6%
20Huila44.1%
21Vichada43.0%
22Amazonas42.6%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

More on Caldas: overview · economy and jobs · health · education and schools · poverty and living standards · Colombia

Sources

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