Taxes less subsidies on products in Colombia

Colombia: Taxes less subsidies on products was 44.77 billion current US$ in 2025. ◆ Volatile

Latest (2025)
44.77 billion current US$
Change on year
up 12.4%
World rank
27th
of 197 countries
All-time high
44.77 billion current US$
in 2025
All-time low
72.57 million current US$
in 1965
Years of data
61
1965–2025

Taxes less subsidies on products in Colombia, 1965–2025

010.0B20.0B30.0B40.0B196519952025

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 197 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 in Colombia, year by year

Annual values for Taxes less subsidies on products (current US$) in Colombia, 1965 to 2025.
Year current US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 24 Norway 46.99 billion current US$ compare
  2. 25 Israel 46.87 billion current US$ compare
  3. 26 Portugal 45.85 billion current US$ compare
  4. 28 South Africa 42.79 billion current US$ compare
  5. 29 Romania 42.48 billion current US$ compare
  6. 30 Viet Nam 40.99 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Colombia

All data for Colombia →

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 197 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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Taxes less subsidies on products in Colombia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us/colombia/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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.