Taxes on international trade (current LCU) in Colombia
Colombia: Taxes on international trade (current LCU) was 7.10 trillion current LCU in 2024. ▲ Rising
Taxes on international trade in Colombia, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on international trade in Colombia stood at 7.10 trillion current LCU. That is the highest value across all 21 years on record.
That represents a change of up 6.2% on the previous year and up 79.0% over ten years.
Over the whole period, taxes on international trade in Colombia peaked at 7.10 trillion current LCU in 2024 and was at its lowest, 1.37 trillion current LCU, in 1999.
That places Colombia 6th out of 155 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on international trade (current LCU) in Colombia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1998 | 1.65 trillion current LCU | — |
| 1999 | 1.37 trillion current LCU | -16.6% |
| 2000 | 1.74 trillion current LCU | +27.1% |
| 2003 | 1.97 trillion current LCU | +12.8% |
| 2008 | 5.59 trillion current LCU | +184.2% |
| 2009 | 4.67 trillion current LCU | -16.5% |
| 2010 | 5.60 trillion current LCU | +20.0% |
| 2011 | 5.27 trillion current LCU | -5.9% |
| 2012 | 4.43 trillion current LCU | -16.0% |
| 2013 | 4.34 trillion current LCU | -2.1% |
| 2014 | 3.96 trillion current LCU | -8.6% |
| 2015 | 4.74 trillion current LCU | +19.5% |
| 2016 | 4.19 trillion current LCU | -11.6% |
| 2017 | 4.17 trillion current LCU | -0.5% |
| 2018 | 3.96 trillion current LCU | -4.9% |
| 2019 | 4.33 trillion current LCU | +9.2% |
| 2020 | 3.09 trillion current LCU | -28.5% |
| 2021 | 4.86 trillion current LCU | +57.1% |
| 2022 | 7.01 trillion current LCU | +44.1% |
| 2023 | 6.68 trillion current LCU | -4.7% |
| 2024 | 7.10 trillion current LCU | +6.2% |
Colombia compared with similar countries
- Colombia's 7.10 trillion current LCU is above the median for upper middle income countries, which is 18.56 billion current LCU, 382.3× the median. (48 countries reporting)
- Colombia's 7.10 trillion current LCU is above the median for Latin America & Caribbean, which is 3.44 billion current LCU, 2064.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade (current LCU) 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 |
|---|---|---|---|
| 2008 | +184.2% | 1.97 trillion current LCU | 5.59 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.51 trillion current LCU | 1.37 trillion current LCU | 1.65 trillion current LCU | 2 |
| 2000s | 3.49 trillion current LCU | 1.74 trillion current LCU | 5.59 trillion current LCU | 4 |
| 2010s | 4.50 trillion current LCU | 3.96 trillion current LCU | 5.60 trillion current LCU | 10 |
| 2020s | 5.75 trillion current LCU | 3.09 trillion current LCU | 7.10 trillion current LCU | 5 |
Countries ranked near Colombia
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 taxes on international trade in Colombia?
- Taxes on international trade in Colombia was 7.10 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Colombia?
- The highest recorded value was 7.10 trillion current LCU in 2024.
- What is the lowest taxes on international trade recorded in Colombia?
- The lowest recorded value was 1.37 trillion current LCU in 1999.
- How does Colombia rank for taxes on international trade?
- Colombia ranks 6th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Colombia?
- Over the last ten years it is up 79.0%. The long-run trend across the full record is rising.
- 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 international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.