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Government budget and revenue in Risaralda, Colombia: official figures

The department of Risaralda scored 46.7 out of 100 in the National Planning Department's 2023 fiscal performance index, the "risk" range (2nd lowest of 32 departments; departmental average 56.6).

Fiscal performance index (DNP, 0-100)
46.7
2023

How dependent is Risaralda on money from the national government?

Transfers from the national government made up 30.0% of the total revenue of the department of Risaralda in 2023 (4th lowest of 32 departments).

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

How much does Risaralda invest?

Gross fixed capital formation, the measure of investment spending in the index, accounted for 1.2% of spending in Risaralda in 2023 (8th lowest of 32 departments).

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

Does Risaralda have a budget surplus?

Current savings, the share of current revenue left after current spending, were 63.3% in Risaralda in 2023 (5th highest of 32 departments). The debt indicator in the index stood at 46.5%.

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

How is the fiscal performance index of Risaralda calculated?

In the fiscal results dimension of the 2023 index (80% of the score) Risaralda scored 41.1 out of 100, and in the financial management dimension (20%) 69.1. Its investment execution indicator was 93.0% and its revenue programming and collection indicator 115.1%.

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

How Risaralda compares with other departments

Fiscal performance index (0-100) (2023)

Risaralda ranks 31 of 32, highest first. DNP, departments only

RankRegionFiscal performance index (0-100)
26Vichada49.3
27Vaupes49.2
28Cauca49.1
29Caqueta49.0
30Magdalena47.3
31Risaralda46.7
32Bolivar42.1
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Share of revenue from national transfers (2023)

Risaralda ranks 29 of 32, highest first. DNP, departments only

RankRegionShare of revenue from national transfers
26Meta36.6%
27Antioquia30.2%
28Atlantico30.0%
29Risaralda30.0%
30Cundinamarca26.5%
31San Andres and Providencia26.2%
32Valle del Cauca22.8%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

Current savings as share of current revenue (2023)

Risaralda ranks 5 of 32, highest first. DNP, departments only

RankRegionCurrent savings as share of current revenue
2Guainia66.1%
3Cundinamarca65.6%
4Valle del Cauca63.7%
5Risaralda63.3%
6Cesar63.1%
7La Guajira62.6%
8Antioquia61.4%
Source: Departamento Nacional de Planeacion (DNP) · saved copy

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Sources

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