Other taxes in Colombia
Colombia: Other taxes was 8.98 trillion current LCU in 2024. ◆ Volatile
Other taxes 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 other taxes in Colombia is 8.98 trillion current LCU, measured in 2024.
Compared with earlier readings it is up 2.7% on the previous year and down 29.9% over ten years.
Over the whole period, other taxes in Colombia peaked at 22.78 trillion current LCU in 2011 and was at its lowest, 510.82 billion current LCU, in 2003.
That places Colombia 4th out of 149 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.45 trillion current LCU | 4.39 trillion current LCU | 4.50 trillion current LCU | 2 |
| 2000s | 4.16 trillion current LCU | 510.82 billion current LCU | 6.39 trillion current LCU | 4 |
| 2010s | 11.01 trillion current LCU | 5.19 trillion current LCU | 22.78 trillion current LCU | 10 |
| 2020s | 7.28 trillion current LCU | 6.23 trillion current LCU | 8.98 trillion current LCU | 5 |
Countries ranked near Colombia
More public sector data for Colombia
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.2% (2024)
- Taxes on income, profits and capital gains 24.1% (2024)
- Taxes on goods and services 24.3% (2024)
- Net investment in nonfinancial assets 0.8% (2024)
- Net lending (+) / net borrowing (-) -4.6% (2024)
- Interest payments 13.9% (2024)
- Grants and other revenue 28.4% (2024)
- Interest payments 13.2% (2023)
- Other taxes 1.8% (2024)
Frequently asked questions
- What is other taxes in Colombia?
- Other taxes in Colombia was 8.98 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Colombia?
- The highest recorded value was 22.78 trillion current LCU in 2011.
- What is the lowest other taxes recorded in Colombia?
- The lowest recorded value was 510.82 billion current LCU in 2003.
- How does Colombia rank for other taxes?
- Colombia ranks 4th out of 149 countries with data for 2024.
- Is other taxes rising or falling in Colombia?
- Over the last ten years it is down 29.9%. 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.