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Government budget and revenue in Quindio, Colombia: official figures

The department of Quindio scored 50.0 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (9th lowest of 32 departments; departmental average 56.6).

Fiscal performance index (DNP, 0-100)
50.0
2023

How dependent is Quindio on money from the national government?

Transfers from the national government made up 40.4% of the total revenue of the department of Quindio in 2023 (8th lowest of 32 departments).

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

How much does Quindio invest?

Gross fixed capital formation, the measure of investment spending in the index, accounted for 1.6% of spending in Quindio in 2023 (10th lowest of 32 departments).

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

Does Quindio have a budget surplus?

Current savings, the share of current revenue left after current spending, were 50.1% in Quindio in 2023 (16th highest of 32 departments). The debt indicator in the index stood at 59.3%.

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

How is the fiscal performance index of Quindio calculated?

In the fiscal results dimension of the 2023 index (80% of the score) Quindio scored 47.5 out of 100, and in the financial management dimension (20%) 60.1. Its investment execution indicator was 92.1% and its revenue programming and collection indicator 121.3%.

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

How Quindio compares with other departments

Fiscal performance index (0-100) (2023)

Quindio ranks 24 of 32, highest first. DNP, departments only

RankRegionFiscal performance index (0-100)
21Amazonas52.0
22La Guajira51.3
23Arauca51.2
24Quindio50.0
25Choco49.3
26Vichada49.3
27Vaupes49.2
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Share of revenue from national transfers (2023)

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

RankRegionShare of revenue from national transfers
22Casanare46.8%
23Caldas45.7%
24Santander40.5%
25Quindio40.4%
26Meta36.6%
27Antioquia30.2%
28Atlantico30.0%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Current savings as share of current revenue (2023)

Quindio ranks 16 of 32, highest first. DNP, departments only

RankRegionCurrent savings as share of current revenue
13Casanare56.2%
14Narino53.0%
15Magdalena51.2%
16Quindio50.1%
17Meta49.8%
18Cauca48.1%
19Caldas45.6%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

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

Sources

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