Paying taxes: Labor tax and contributions in Colombia
Colombia: Paying taxes: Labor tax and contributions was 23.6% in 2019. ▼ Falling
Paying taxes: Labor tax and contributions in Colombia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: labor tax and contributions in Colombia stood at 23.6%.
The figure is up 26.9% on the previous year and down 30.4% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Colombia peaked at 33.9% in 2009 and was at its lowest, 18.6%, in 2015.
That places Colombia 44th out of 190 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Labor tax and contributions in Colombia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 31.8% | — |
| 2006 | 32.3% | +1.6% |
| 2007 | 32.7% | +1.2% |
| 2008 | 33.4% | +2.1% |
| 2009 | 33.9% | +1.5% |
| 2010 | 33.9% | +0.0% |
| 2011 | 28.8% | -15.0% |
| 2012 | 28.8% | +0.0% |
| 2013 | 28.8% | +0.0% |
| 2014 | 30.1% | +4.5% |
| 2015 | 18.6% | -38.2% |
| 2016 | 18.6% | +0.0% |
| 2017 | 18.6% | +0.0% |
| 2018 | 18.6% | +0.0% |
| 2019 | 23.6% | +26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.8% | 31.8% | 33.9% | 5 |
| 2010s | 24.8% | 18.6% | 33.9% | 10 |
Countries ranked near Colombia
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in Colombia?
- Paying taxes: labor tax and contributions in Colombia was 23.6% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Colombia?
- The highest recorded value was 33.9% in 2009.
- What is the lowest paying taxes: labor tax and contributions recorded in Colombia?
- The lowest recorded value was 18.6% in 2015.
- How does Colombia rank for paying taxes: labor tax and contributions?
- Colombia ranks 44th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Colombia?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.