Taxes on income, profits, and capital gains, Ratio of this level of in Colombia
Colombia: Taxes on income, profits, and capital gains, Ratio of this level of was 0.9995 in 2020. ▬ Flat
Taxes on income, profits, and capital gains, Ratio of this level of in Colombia, 1998–2020
Source: International Monetary Fund.
Analysis
In 2020, taxes on income, profits, and capital gains, ratio of this level of in Colombia stood at 0.9995.
Compared with earlier readings it is up 0.1% over ten years.
Over the whole period, taxes on income, profits, and capital gains, ratio of this level of in Colombia peaked at 1 in 1998 and was at its lowest, 0.9658, in 2015.
That places Colombia 35th out of 80 countries with data for 2020, putting it in the middle of the range.
Taxes on income, profits, and capital gains, Ratio of this level of in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 1 | — |
| 1999 | 1 | +0.0% |
| 2013 | 0.9989 | -0.1% |
| 2014 | 0.9882 | -1.1% |
| 2015 | 0.9658 | -2.3% |
| 2016 | 0.9992 | +3.5% |
| 2017 | 0.9993 | +0.0% |
| 2018 | 0.9995 | +0.0% |
| 2019 | 0.9994 | -0.0% |
| 2020 | 0.9995 | +0.0% |
Colombia compared with similar countries
- Colombia's 0.9995 is below the median for upper middle income countries, which is 1, 100% of the median. (28 countries reporting)
- Colombia's 0.9995 is below the median for Latin America & Caribbean, which is 1, 100% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 1 | 1 | 2 |
| 2010s | 0.9929 | 0.9658 | 0.9995 | 7 |
| 2020s | 0.9995 | 0.9995 | 0.9995 | 1 |
Countries ranked near Colombia
More public sector data for Colombia
- Democracy, 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)
- Elected parliament, 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)
- 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 income, profits, and capital gains, ratio of this level of in Colombia?
- Taxes on income, profits, and capital gains, ratio of this level of in Colombia was 0.9995 in 2020, according to International Monetary Fund.
- What is the highest taxes on income, profits, and capital gains, ratio of this level of recorded in Colombia?
- The highest recorded value was 1 in 1998.
- What is the lowest taxes on income, profits, and capital gains, ratio of this level of recorded in Colombia?
- The lowest recorded value was 0.9658 in 2015.
- How does Colombia rank for taxes on income, profits, and capital gains, ratio of this level of?
- Colombia ranks 35th out of 80 countries with data for 2020.
- Is taxes on income, profits, and capital gains, ratio of this level of rising or falling in Colombia?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from International Monetary Fund, published as part of Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.