Customs and other import duties in Colombia
Colombia: Customs and other import duties 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 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% |
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
More public sector data for Colombia
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 19.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 285.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0359 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 40.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.7 SIPRI trend indicator values per square kilometre (2023)
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.