Tax revenue as a proportion of GDP in Colombia
Colombia: Tax revenue as a proportion of GDP was 15.3% in 2024. ▲ Rising
Latest (2024)
15.3%
Change on year
down 13.0%
World rank
91st
of 164 countries
All-time high
17.6%
in 2023
All-time low
11.2%
in 2000
Years of data
19
2000–2024
Tax revenue as a proportion of GDP in Colombia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Colombia recorded 15.3% for tax revenue as a proportion of gdp in 2024.
The figure is down 13.0% on the previous year and down 2.7% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Colombia peaked at 17.6% in 2023 and was at its lowest, 11.2%, in 2000.
That places Colombia 91st out of 164 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Tax revenue as a proportion of GDP in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 11.2% | — |
| 2003 | 11.3% | +0.3% |
| 2008 | 13.0% | +15.7% |
| 2009 | 12.7% | -2.7% |
| 2010 | 12.1% | -4.2% |
| 2011 | 14.6% | +20.0% |
| 2012 | 13.2% | -9.3% |
| 2013 | 14.0% | +6.0% |
| 2014 | 15.7% | +12.0% |
| 2015 | 15.8% | +0.6% |
| 2016 | 14.4% | -8.9% |
| 2017 | 14.9% | +3.2% |
| 2018 | 14.6% | -1.6% |
| 2019 | 14.9% | +2.0% |
| 2020 | 14.0% | -5.7% |
| 2021 | 14.4% | +2.9% |
| 2022 | 15.3% | +5.7% |
| 2023 | 17.6% | +15.1% |
| 2024 | 15.3% | -13.0% |
Colombia compared with similar countries
- Colombia's 15.3% is below the median for upper middle income countries, which is 17.2%, 89% of the median. (45 countries reporting)
- Colombia's 15.3% is below the median for Latin America & Caribbean, which is 15.7%, 98% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.0% | 11.2% | 13.0% | 4 |
| 2010s | 14.4% | 12.1% | 15.8% | 10 |
| 2020s | 15.3% | 14.0% | 17.6% | 5 |
Countries ranked near Colombia
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 tax revenue as a proportion of gdp in Colombia?
- Tax revenue as a proportion of gdp in Colombia was 15.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Colombia?
- The highest recorded value was 17.6% in 2023.
- What is the lowest tax revenue as a proportion of gdp recorded in Colombia?
- The lowest recorded value was 11.2% in 2000.
- How does Colombia rank for tax revenue as a proportion of gdp?
- Colombia ranks 91st out of 164 countries with data for 2024.
- Is tax revenue as a proportion of gdp rising or falling in Colombia?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).