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Government budget and revenue in Choco, Colombia: official figures

The department of Choco scored 49.3 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (8th lowest of 32 departments; departmental average 56.6).

Fiscal performance index (DNP, 0-100)
49.3
2023

How dependent is Choco on money from the national government?

Transfers from the national government made up 79.1% of the total revenue of the department of Choco in 2023 (2nd highest of 32 departments).

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

How much does Choco invest?

Gross fixed capital formation, the measure of investment spending in the index, accounted for 2.2% of spending in Choco in 2023 (13th lowest of 32 departments).

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

Does Choco have a budget surplus?

Current savings, the share of current revenue left after current spending, were 29.8% in Choco in 2023 (3rd lowest of 32 departments). The debt indicator in the index stood at 27.8%.

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

How is the fiscal performance index of Choco calculated?

In the fiscal results dimension of the 2023 index (80% of the score) Choco scored 44.6 out of 100, and in the financial management dimension (20%) 68.2. Its investment execution indicator was 87.3% and its revenue programming and collection indicator 100.6%.

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

How Choco compares with other departments

Fiscal performance index (0-100) (2023)

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

RankRegionFiscal performance index (0-100)
22La Guajira51.3
23Arauca51.2
24Quindio50.0
25Choco49.3
26Vichada49.3
27Vaupes49.2
28Cauca49.1
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Share of revenue from national transfers (2023)

Choco ranks 2 of 32, highest first. DNP, departments only

RankRegionShare of revenue from national transfers
1Amazonas82.7%
2Choco79.1%
3Arauca74.2%
4Vaupes74.1%
5Putumayo73.5%
6Cauca72.4%
7Sucre71.2%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Current savings as share of current revenue (2023)

Choco ranks 30 of 32, highest first. DNP, departments only

RankRegionCurrent savings as share of current revenue
26Caqueta36.4%
27Tolima36.4%
28Putumayo35.5%
29Guaviare33.4%
30Choco29.8%
31Cordoba29.4%
32San Andres and Providencia-8.2%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

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

Sources

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