Government budget and revenue in Magdalena, Colombia: official figures
The department of Magdalena scored 47.3 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (3rd lowest of 32 departments; departmental average 56.6).
How dependent is Magdalena on money from the national government?
Transfers from the national government made up 54.8% of the total revenue of the department of Magdalena in 2023 (16th lowest of 32 departments).
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow much does Magdalena invest?
Gross fixed capital formation, the measure of investment spending in the index, accounted for 10.8% of spending in Magdalena in 2023 (8th highest of 32 departments).
Source: Departamento Nacional de Planeacion (DNP) · saved copyDoes Magdalena have a budget surplus?
Current savings, the share of current revenue left after current spending, were 51.2% in Magdalena in 2023 (15th highest of 32 departments). The debt indicator in the index stood at 45.2%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow is the fiscal performance index of Magdalena calculated?
In the fiscal results dimension of the 2023 index (80% of the score) Magdalena scored 42.1 out of 100, and in the financial management dimension (20%) 68.2. Its investment execution indicator was 79.0% and its revenue programming and collection indicator 105.1%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyIs Magdalena within its legal spending limits?
The headroom under the legal cap on running costs (Law 617 of 2000) was 3.8 percentage points for Magdalena in 2023, and the primary balance indicator was 22.9%.
Source: Departamento Nacional de Planeacion (DNP) · saved copyHow Magdalena compares with other departments
Fiscal performance index (0-100) (2023)
Magdalena ranks 30 of 32, highest first. DNP, departments only
| Rank | Region | Fiscal performance index (0-100) |
|---|---|---|
| 26 | Vichada | 49.3 |
| 27 | Vaupes | 49.2 |
| 28 | Cauca | 49.1 |
| 29 | Caqueta | 49.0 |
| 30 | Magdalena | 47.3 |
| 31 | Risaralda | 46.7 |
| 32 | Bolivar | 42.1 |
Share of revenue from national transfers (2023)
Magdalena ranks 17 of 32, highest first. DNP, departments only
| Rank | Region | Share of revenue from national transfers |
|---|---|---|
| 14 | Narino | 59.1% |
| 15 | Tolima | 55.9% |
| 16 | Boyaca | 55.8% |
| 17 | Magdalena | 54.8% |
| 18 | Bolivar | 54.8% |
| 19 | Cesar | 53.8% |
| 20 | Norte de Santander | 52.0% |
Current savings as share of current revenue (2023)
Magdalena ranks 15 of 32, highest first. DNP, departments only
| Rank | Region | Current savings as share of current revenue |
|---|---|---|
| 12 | Boyaca | 56.2% |
| 13 | Casanare | 56.2% |
| 14 | Narino | 53.0% |
| 15 | Magdalena | 51.2% |
| 16 | Quindio | 50.1% |
| 17 | Meta | 49.8% |
| 18 | Cauca | 48.1% |
More on Magdalena: 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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