Effective tax rates - Corporate tax statistics — Effective average in Colombia
Colombia: Effective tax rates - Corporate tax statistics — Effective average was 28.9 Percentage of taxable income in 2025. ▼ Falling
Effective tax rates - Corporate tax statistics — Effective average in Colombia, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2025, effective tax rates - corporate tax statistics — effective average in Colombia stood at 28.9 Percentage of taxable income.
Compared with earlier readings it is down 1.4% on the previous year and down 17.5% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Colombia peaked at 35.02 Percentage of taxable income in 2017 and was at its lowest, 27.5 Percentage of taxable income, in 2021.
Colombia ranks 22nd of 99 countries on this measure, in the top quarter.
Effective tax rates - Corporate tax statistics — Effective average in Colombia, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 35.02 Percentage of taxable income | — |
| 2018 | 32.29 Percentage of taxable income | -7.8% |
| 2019 | 28.78 Percentage of taxable income | -10.9% |
| 2020 | 28.12 Percentage of taxable income | -2.3% |
| 2021 | 27.5 Percentage of taxable income | -2.2% |
| 2022 | 30.43 Percentage of taxable income | +10.7% |
| 2023 | 29.68 Percentage of taxable income | -2.4% |
| 2024 | 29.3 Percentage of taxable income | -1.3% |
| 2025 | 28.9 Percentage of taxable income | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.03 Percentage of taxable income | 28.78 Percentage of taxable income | 35.02 Percentage of taxable income | 3 |
| 2020s | 28.99 Percentage of taxable income | 27.5 Percentage of taxable income | 30.43 Percentage of taxable income | 6 |
Countries ranked near Colombia
- 19 Kenya 29.7 Percentage of taxable income compare
- 20 Mexico 29.11 Percentage of taxable income compare
- 21 Benin 29.09 Percentage of taxable income compare
- 23 Eswatini 28.8 Percentage of taxable income compare
- 24 Belgium 28.72 Percentage of taxable income compare
- 25 Uruguay 28.37 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 effective tax rates - corporate tax statistics — effective average in Colombia?
- Effective tax rates - corporate tax statistics — effective average in Colombia was 28.9 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Colombia?
- The highest recorded value was 35.02 Percentage of taxable income in 2017.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Colombia?
- The lowest recorded value was 27.5 Percentage of taxable income in 2021.
- How does Colombia rank for effective tax rates - corporate tax statistics — effective average?
- Colombia ranks 22nd out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Colombia?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 9 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.