Taxes on goods and services (current LCU), gaps filled in Colombia
Colombia: Taxes on goods and services (current LCU), gaps filled was 122.84 trillion current LCU in 2024. ◆ Volatile
Taxes on goods and services (current LCU), gaps filled in Colombia, 1998–2024
Source: Statizoid (derived). Measured in current LCU.
Analysis
Colombia recorded 122.84 trillion current LCU for taxes on goods and services (current lcu), gaps filled in 2024. That is the highest value across all 19 years on record.
That represents a change of up 3.1% on the previous year and up 135.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), gaps filled in Colombia peaked at 122.84 trillion current LCU in 2024 and was at its lowest, 7.05 trillion current LCU, in 1998.
Colombia ranks 3rd of 157 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), gaps filled in Colombia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 7.05 trillion current LCU | — |
| 2003 | 15.13 trillion current LCU | +114.6% |
| 2008 | 30.83 trillion current LCU | +103.8% |
| 2009 | 29.45 trillion current LCU | -4.5% |
| 2010 | 33.01 trillion current LCU | +12.1% |
| 2011 | 38.83 trillion current LCU | +17.6% |
| 2012 | 41.42 trillion current LCU | +6.7% |
| 2013 | 46.08 trillion current LCU | +11.2% |
| 2014 | 52.15 trillion current LCU | +13.2% |
| 2015 | 55.44 trillion current LCU | +6.3% |
| 2016 | 56.46 trillion current LCU | +1.8% |
| 2017 | 58.72 trillion current LCU | +4.0% |
| 2018 | 64.14 trillion current LCU | +9.2% |
| 2019 | 78.14 trillion current LCU | +21.8% |
| 2020 | 67.92 trillion current LCU | -13.1% |
| 2021 | 86.42 trillion current LCU | +27.2% |
| 2022 | 113.25 trillion current LCU | +31.1% |
| 2023 | 119.16 trillion current LCU | +5.2% |
| 2024 | 122.84 trillion current LCU | +3.1% |
Colombia compared with similar countries
- Colombia's 122.84 trillion current LCU is above the median for upper middle income countries, which is 103.35 billion current LCU, 1188.6× the median. (48 countries reporting)
- Colombia's 122.84 trillion current LCU is above the median for Latin America & Caribbean, which is 58.28 billion current LCU, 2107.7× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), gaps filled in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +114.6% | 7.05 trillion current LCU | 15.13 trillion current LCU |
| 2008 | +103.8% | 15.13 trillion current LCU | 30.83 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.05 trillion current LCU | 7.05 trillion current LCU | 7.05 trillion current LCU | 1 |
| 2000s | 25.14 trillion current LCU | 15.13 trillion current LCU | 30.83 trillion current LCU | 3 |
| 2010s | 52.44 trillion current LCU | 33.01 trillion current LCU | 78.14 trillion current LCU | 10 |
| 2020s | 101.92 trillion current LCU | 67.92 trillion current LCU | 122.84 trillion current LCU | 5 |
Countries ranked near Colombia
- 1 Indonesia 256.25 trillion current LCU compare
- 2 Lebanon 151.40 trillion current LCU compare
- 4 South Korea 114.81 trillion current LCU compare
- 5 Uzbekistan 80.19 trillion current LCU compare
- 6 Iran 36.64 trillion current LCU 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services (current lcu), gaps filled in Colombia?
- Taxes on goods and services (current lcu), gaps filled in Colombia was 122.84 trillion current LCU in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), gaps filled recorded in Colombia?
- The highest recorded value was 122.84 trillion current LCU in 2024.
- What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Colombia?
- The lowest recorded value was 7.05 trillion current LCU in 1998.
- How does Colombia rank for taxes on goods and services (current lcu), gaps filled?
- Colombia ranks 3rd out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), gaps filled rising or falling in Colombia?
- Over the last ten years it is up 135.6%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.