Taxes less subsidies on products (current US$) in Colombia
Colombia: Taxes less subsidies on products (current US$) was 44.77 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Colombia, 1965–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Colombia stood at 44.77 billion current US$. That is the highest value across all 61 years on record.
Compared with earlier readings it is up 12.4% on the previous year and up 65.5% over ten years.
Over the whole period, taxes less subsidies on products in Colombia peaked at 44.77 billion current US$ in 2025 and was at its lowest, 72.57 million current US$, in 1965.
Colombia ranks 27th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Colombia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 72.57 million current US$ | — |
| 1966 | 159.48 million current US$ | +119.8% |
| 1967 | 88.51 million current US$ | -44.5% |
| 1968 | 109.69 million current US$ | +23.9% |
| 1969 | 125.16 million current US$ | +14.1% |
| 1970 | 167.53 million current US$ | +33.9% |
| 1971 | 173.78 million current US$ | +3.7% |
| 1972 | 163.08 million current US$ | -6.2% |
| 1973 | 205.08 million current US$ | +25.8% |
| 1974 | 245.15 million current US$ | +19.5% |
| 1975 | 269.31 million current US$ | +9.9% |
| 1976 | 317.22 million current US$ | +17.8% |
| 1977 | 401.69 million current US$ | +26.6% |
| 1978 | 513.26 million current US$ | +27.8% |
| 1979 | 677.21 million current US$ | +31.9% |
| 1980 | 924.67 million current US$ | +36.5% |
| 1981 | 1.02 billion current US$ | +10.0% |
| 1982 | 1.09 billion current US$ | +6.9% |
| 1983 | 941.43 million current US$ | -13.4% |
| 1984 | 840.11 million current US$ | -10.8% |
| 1985 | 921.61 million current US$ | +9.7% |
| 1986 | 1.07 billion current US$ | +16.2% |
| 1987 | 1.27 billion current US$ | +18.4% |
| 1988 | 1.41 billion current US$ | +11.0% |
| 1989 | 1.33 billion current US$ | -5.3% |
| 1990 | 3.00 billion current US$ | +125.3% |
| 1991 | 2.94 billion current US$ | -2.0% |
| 1992 | 3.54 billion current US$ | +20.3% |
| 1993 | 4.79 billion current US$ | +35.2% |
| 1994 | 6.32 billion current US$ | +32.1% |
| 1995 | 7.66 billion current US$ | +21.1% |
| 1996 | 7.39 billion current US$ | -3.5% |
| 1997 | 8.58 billion current US$ | +16.0% |
| 1998 | 7.09 billion current US$ | -17.4% |
| 1999 | 5.93 billion current US$ | -16.4% |
| 2000 | 7.19 billion current US$ | +21.2% |
| 2001 | 7.16 billion current US$ | -0.3% |
| 2002 | 7.35 billion current US$ | +2.6% |
| 2003 | 7.44 billion current US$ | +1.3% |
| 2004 | 9.61 billion current US$ | +29.2% |
| 2005 | 13.04 billion current US$ | +35.6% |
| 2006 | 15.19 billion current US$ | +16.5% |
| 2007 | 19.66 billion current US$ | +29.4% |
| 2008 | 22.24 billion current US$ | +13.1% |
| 2009 | 19.95 billion current US$ | -10.3% |
| 2010 | 25.51 billion current US$ | +27.9% |
| 2011 | 30.70 billion current US$ | +20.3% |
| 2012 | 33.45 billion current US$ | +9.0% |
| 2013 | 32.51 billion current US$ | -2.8% |
| 2014 | 34.06 billion current US$ | +4.8% |
| 2015 | 27.04 billion current US$ | -20.6% |
| 2016 | 24.90 billion current US$ | -7.9% |
| 2017 | 28.65 billion current US$ | +15.1% |
| 2018 | 30.83 billion current US$ | +7.6% |
| 2019 | 30.56 billion current US$ | -0.9% |
| 2020 | 24.14 billion current US$ | -21.0% |
| 2021 | 30.20 billion current US$ | +25.1% |
| 2022 | 35.04 billion current US$ | +16.0% |
| 2023 | 35.75 billion current US$ | +2.0% |
| 2024 | 39.84 billion current US$ | +11.5% |
| 2025 | 44.77 billion current US$ | +12.4% |
Colombia compared with similar countries
- Colombia's 44.77 billion current US$ is above the median for upper middle income countries, which is 3.44 billion current US$, 13.0× the median. (55 countries reporting)
- Colombia's 44.77 billion current US$ is above the median for Latin America & Caribbean, which is 1.67 billion current US$, 26.8× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 111.08 million current US$ | 72.57 million current US$ | 159.48 million current US$ | 5 |
| 1970s | 313.33 million current US$ | 163.08 million current US$ | 677.21 million current US$ | 10 |
| 1980s | 1.08 billion current US$ | 840.11 million current US$ | 1.41 billion current US$ | 10 |
| 1990s | 5.72 billion current US$ | 2.94 billion current US$ | 8.58 billion current US$ | 10 |
| 2000s | 12.88 billion current US$ | 7.16 billion current US$ | 22.24 billion current US$ | 10 |
| 2010s | 29.82 billion current US$ | 24.90 billion current US$ | 34.06 billion current US$ | 10 |
| 2020s | 34.96 billion current US$ | 24.14 billion current US$ | 44.77 billion current US$ | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 5.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 65.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1404 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 47.52 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -52.48 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0046 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Colombia?
- Taxes less subsidies on products in Colombia was 44.77 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Colombia?
- The highest recorded value was 44.77 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Colombia?
- The lowest recorded value was 72.57 million current US$ in 1965.
- How does Colombia rank for taxes less subsidies on products?
- Colombia ranks 27th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Colombia?
- Over the last ten years it is up 65.5%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.