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Taxes on Goods and Services (As % of Revenue) in Colombia

Source: World Bank
Last Updated: July 1, 2023

Taxes on goods and services as a share of revenue reached 23.7% in 2020 in Colombia, according to the National Statistical Office. This is 7.47% less than in the previous year.

Historically, taxes on goods and services as a share of revenue in Colombia reached an all time high of 28.7% in 2008 and an all time low of 22.0% in 2013.

Colombia has been ranked 90th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.

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