Customs and other import duties (% of tax revenue) in Colombia
Colombia: Customs and other import duties (% of tax revenue) was 2.3% in 2024. ▼ Falling
Customs and other import duties in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
The most recent figure for customs and other import duties in Colombia is 2.3%, measured in 2024.
Compared with earlier readings it is up 12.1% on the previous year and down 29.0% over ten years.
Over the whole period, customs and other import duties in Colombia peaked at 8.9% in 2008 and was at its lowest, 2.1%, in 2023.
Colombia ranks 107th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Customs and other import duties (% of tax revenue) in Colombia, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1998 | 8.5% | — |
| 1999 | 6.7% | -21.2% |
| 2000 | 7.5% | +10.9% |
| 2003 | 6.4% | -13.9% |
| 2008 | 8.9% | +38.4% |
| 2009 | 7.2% | -18.9% |
| 2010 | 8.3% | +15.2% |
| 2011 | 5.7% | -31.0% |
| 2012 | 5.0% | -12.3% |
| 2013 | 4.3% | -14.8% |
| 2014 | 3.3% | -23.5% |
| 2015 | 3.6% | +11.5% |
| 2016 | 3.3% | -10.8% |
| 2017 | 2.8% | -14.8% |
| 2018 | 2.5% | -11.1% |
| 2019 | 2.4% | -1.6% |
| 2020 | 2.1% | -13.8% |
| 2021 | 2.6% | +23.5% |
| 2022 | 2.8% | +7.8% |
| 2023 | 2.1% | -25.6% |
| 2024 | 2.3% | +12.1% |
Colombia compared with similar countries
- Colombia's 2.3% is below the median for upper middle income countries, which is 5.5%, 42% of the median. (47 countries reporting)
- Colombia's 2.3% is below the median for Latin America & Caribbean, which is 5.5%, 42% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.6% | 6.7% | 8.5% | 2 |
| 2000s | 7.5% | 6.4% | 8.9% | 4 |
| 2010s | 4.1% | 2.4% | 8.3% | 10 |
| 2020s | 2.4% | 2.1% | 2.8% | 5 |
Countries ranked near Colombia
- 104 China 2.7% compare
- 105 United States 2.6% compare
- 106 Papua New Guinea 2.5% compare
- 108 Kiribati 2.3% compare
- 109 Bhutan 2.1% compare
- 110 South Korea 2.1% compare
More public sector data for Colombia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 22.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.3593 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 533.33 % change on previous year (2024)
Frequently asked questions
- What is customs and other import duties in Colombia?
- Customs and other import duties in Colombia was 2.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Colombia?
- The highest recorded value was 8.9% in 2008.
- What is the lowest customs and other import duties recorded in Colombia?
- The lowest recorded value was 2.1% in 2023.
- How does Colombia rank for customs and other import duties?
- Colombia ranks 107th out of 151 countries with data for 2024.
- Is customs and other import duties rising or falling in Colombia?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.