Paying taxes: Profit tax in Colombia
Colombia: Paying taxes: Profit tax was 21.1% in 2019. ▲ Rising
Paying taxes: Profit tax in Colombia, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Colombia recorded 21.1% for paying taxes: profit tax in 2019.
The figure is down 2.8% on the previous year and up 24.1% over ten years.
Over the whole period, paying taxes: profit tax in Colombia peaked at 22.1% in 2015 and was at its lowest, 17.0%, in 2009.
Colombia ranks 56th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Colombia, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 21.8% | — |
| 2006 | 21.6% | -0.9% |
| 2007 | 21.4% | -0.9% |
| 2008 | 18.7% | -12.6% |
| 2009 | 17.0% | -9.1% |
| 2010 | 17.0% | +0.0% |
| 2011 | 18.3% | +7.6% |
| 2012 | 18.5% | +1.1% |
| 2013 | 18.5% | +0.0% |
| 2014 | 18.2% | -1.6% |
| 2015 | 22.1% | +21.4% |
| 2016 | 21.7% | -1.8% |
| 2017 | 21.8% | +0.5% |
| 2018 | 21.7% | -0.5% |
| 2019 | 21.1% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.1% | 17.0% | 21.8% | 5 |
| 2010s | 19.9% | 17.0% | 22.1% | 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: profit tax in Colombia?
- Paying taxes: profit tax in Colombia was 21.1% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Colombia?
- The highest recorded value was 22.1% in 2015.
- What is the lowest paying taxes: profit tax recorded in Colombia?
- The lowest recorded value was 17.0% in 2009.
- How does Colombia rank for paying taxes: profit tax?
- Colombia ranks 56th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Colombia?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% 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 profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.