Corporate income tax (CIT) - statutory and targeted small business in Colombia
Colombia: Corporate income tax (CIT) - statutory and targeted small business was 35 Percentage of taxable income in 2025. ▬ Flat
Latest (2025)
35 Percentage of taxable income
Change on year
unchanged
World rank
2nd
of 128 countries
All-time high
40 Percentage of taxable income
in 2016
All-time low
31 Percentage of taxable income
in 2021
Years of data
26
2000–2025
Corporate income tax (CIT) - statutory and targeted small business in Colombia, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for corporate income tax (cit) - statutory and targeted small business in Colombia is 35 Percentage of taxable income, measured in 2025.
Compared with earlier readings it is down 10.3% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Colombia peaked at 40 Percentage of taxable income in 2016 and was at its lowest, 31 Percentage of taxable income, in 2021.
That places Colombia 2nd out of 128 countries with data for 2025, putting it in the top 10%.
Corporate income tax (CIT) - statutory and targeted small business in Colombia, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 35 Percentage of taxable income | — |
| 2001 | 35 Percentage of taxable income | +0.0% |
| 2002 | 35 Percentage of taxable income | +0.0% |
| 2003 | 36.75 Percentage of taxable income | +5.0% |
| 2004 | 38.5 Percentage of taxable income | +4.8% |
| 2005 | 38.5 Percentage of taxable income | +0.0% |
| 2006 | 38.5 Percentage of taxable income | +0.0% |
| 2007 | 34 Percentage of taxable income | -11.7% |
| 2008 | 33 Percentage of taxable income | -2.9% |
| 2009 | 33 Percentage of taxable income | +0.0% |
| 2010 | 33 Percentage of taxable income | +0.0% |
| 2011 | 33 Percentage of taxable income | +0.0% |
| 2012 | 33 Percentage of taxable income | +0.0% |
| 2013 | 34 Percentage of taxable income | +3.0% |
| 2014 | 34 Percentage of taxable income | +0.0% |
| 2015 | 39 Percentage of taxable income | +14.7% |
| 2016 | 40 Percentage of taxable income | +2.6% |
| 2017 | 40 Percentage of taxable income | +0.0% |
| 2018 | 37 Percentage of taxable income | -7.5% |
| 2019 | 33 Percentage of taxable income | -10.8% |
| 2020 | 32 Percentage of taxable income | -3.0% |
| 2021 | 31 Percentage of taxable income | -3.1% |
| 2022 | 35 Percentage of taxable income | +12.9% |
| 2023 | 35 Percentage of taxable income | +0.0% |
| 2024 | 35 Percentage of taxable income | +0.0% |
| 2025 | 35 Percentage of taxable income | +0.0% |
Colombia compared with similar countries
- Colombia's 35 Percentage of taxable income is above the median for upper middle income countries, which is 24.5 Percentage of taxable income, 1.4× the median. (38 countries reporting)
- Colombia's 35 Percentage of taxable income is above the median for Latin America & Caribbean, which is 25 Percentage of taxable income, 1.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.73 Percentage of taxable income | 33 Percentage of taxable income | 38.5 Percentage of taxable income | 10 |
| 2010s | 35.6 Percentage of taxable income | 33 Percentage of taxable income | 40 Percentage of taxable income | 10 |
| 2020s | 33.83 Percentage of taxable income | 31 Percentage of taxable income | 35 Percentage of taxable income | 6 |
Countries ranked near Colombia
- 1 Democratic Republic of the Congo 30 Percentage of taxable income compare
- 1 France 36.13 Percentage of taxable income compare
- 2 Argentina 35 Percentage of taxable income compare
- 2 Eswatini 25 Percentage of taxable income compare
- 2 Morocco 35 Percentage of taxable income compare
- 2 Netherlands 25.8 Percentage of taxable income compare
- 2 Fiji 25 Percentage of taxable income compare
- 2 Mauritania 25 Percentage of taxable income compare
- 2 Malta 35 Percentage of taxable income compare
- 3 Türkiye 25 Percentage of taxable income compare
- 4 Slovenia 22 Percentage of taxable income compare
- 4 Estonia 22 Percentage of taxable income compare
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Colombia?
- Corporate income tax (cit) - statutory and targeted small business in Colombia was 35 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Colombia?
- The highest recorded value was 40 Percentage of taxable income in 2016.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Colombia?
- The lowest recorded value was 31 Percentage of taxable income in 2021.
- How does Colombia rank for corporate income tax (cit) - statutory and targeted small business?
- Colombia ranks 2nd out of 128 countries with data for 2025.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Colombia?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is flat.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.