Taxes on income, profits and capital gains in Colombia
Colombia: Taxes on income, profits and capital gains was 121.85 trillion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in Colombia is 121.85 trillion current LCU, measured in 2024.
That represents a change of down 15.2% on the previous year and up 139.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Colombia peaked at 143.70 trillion current LCU in 2023 and was at its lowest, 6.11 trillion current LCU, in 1998.
Colombia ranks 4th of 153 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 income, profits and capital gains in Colombia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 6.11 trillion current LCU | — |
| 1999 | 6.41 trillion current LCU | +4.9% |
| 2000 | 7.51 trillion current LCU | +17.1% |
| 2003 | 13.06 trillion current LCU | +74.0% |
| 2008 | 19.76 trillion current LCU | +51.3% |
| 2009 | 23.06 trillion current LCU | +16.7% |
| 2010 | 20.54 trillion current LCU | -10.9% |
| 2011 | 23.36 trillion current LCU | +13.7% |
| 2012 | 33.45 trillion current LCU | +43.2% |
| 2013 | 33.98 trillion current LCU | +1.6% |
| 2014 | 50.86 trillion current LCU | +49.7% |
| 2015 | 53.33 trillion current LCU | +4.9% |
| 2016 | 55.11 trillion current LCU | +3.3% |
| 2017 | 65.02 trillion current LCU | +18.0% |
| 2018 | 71.02 trillion current LCU | +9.2% |
| 2019 | 68.62 trillion current LCU | -3.4% |
| 2020 | 62.99 trillion current LCU | -8.2% |
| 2021 | 74.78 trillion current LCU | +18.7% |
| 2022 | 98.04 trillion current LCU | +31.1% |
| 2023 | 143.70 trillion current LCU | +46.6% |
| 2024 | 121.85 trillion current LCU | -15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.26 trillion current LCU | 6.11 trillion current LCU | 6.41 trillion current LCU | 2 |
| 2000s | 15.85 trillion current LCU | 7.51 trillion current LCU | 23.06 trillion current LCU | 4 |
| 2010s | 47.53 trillion current LCU | 20.54 trillion current LCU | 71.02 trillion current LCU | 10 |
| 2020s | 100.27 trillion current LCU | 62.99 trillion current LCU | 143.70 trillion current LCU | 5 |
Countries ranked near Colombia
- 1 Indonesia 317.58 trillion current LCU compare
- 2 Iran, Islamic Republic of 201.66 trillion current LCU compare
- 3 Republic of Korea 186.15 trillion current LCU compare
- 5 Uzbekistan 47.55 trillion current LCU compare
- 6 Lebanon 24.53 trillion current LCU compare
- 7 Chile 21.59 trillion current LCU compare
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 taxes on income, profits and capital gains in Colombia?
- Taxes on income, profits and capital gains in Colombia was 121.85 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Colombia?
- The highest recorded value was 143.70 trillion current LCU in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Colombia?
- The lowest recorded value was 6.11 trillion current LCU in 1998.
- How does Colombia rank for taxes on income, profits and capital gains?
- Colombia ranks 4th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Colombia?
- Over the last ten years it is up 139.6%. The long-run trend across the full record is volatile.
- 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.