Colombia Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Colombia's tax revenue was 17.00% in 2025, ranked 61st globally. This represents a 11.2% increase from 2024. Data from World Bank, covering 1998–2025.
Overview
Colombia's tax revenue stood at 17.00% in 2025, a rise of +1.71% from 2024. Based on recent trends, this figure is projected to reach 17.00% by 2025. Colombia ranked 61st globally.
Colombia’s tax revenue has risen steadily over the 22‑year span from 13.74 percent of GDP in 1998 to 17.00 percent in 2025, placing the country 61st globally. The upward trajectory accelerated after the all‑time trough of 11.22 percent recorded in 2000, reflecting successive reforms that broadened the tax base and improved compliance. The peak of 17.56 percent in 2023 set a new high, but the slight dip to 17.00 percent in the latest year suggests a modest pull‑back, perhaps linked to temporary fiscal stimulus measures. Colombia’s performance now closely matches peers such as Latvia (17.24 percent) and Romania (16.84 percent), indicating convergence with other emerging economies that have achieved comparable tax‑to‑GDP ratios. Continued structural reforms, enhanced digital tax administration, and broader informal‑sector integration could sustain the upward trend and push Colombia beyond the recent plateau.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 18.11% | - | - |
| 2026* trend | 17.55% | - | - |
| 2025* trend | 17.00% | - | - |
| 2025 | 17.00% | +1.71% | #61 |
| 2024 | 15.28% | −2.28% | #12 |
| 2023 | 17.56% | +2.30% | #47 |
| 2022 | 15.26% | +0.82% | #46 |
| 2021 | 14.45% | +0.40% | #53 |
| 2020 | 14.05% | −0.86% | #58 |
| 2019 | 14.90% | +0.29% | #60 |
| 2018 | 14.61% | −0.24% | #58 |
| 2017 | 14.85% | +0.47% | #64 |
| 2016 | 14.39% | −1.41% | #60 |
| 2015 | 15.80% | +0.10% | #71 |
| 2014 | 15.70% | +1.68% | #67 |
| 2013 | 14.02% | +0.80% | #49 |
| 2012 | 13.23% | −1.35% | #42 |
| 2011 | 14.58% | +2.43% | #49 |
Detected Pattern
Analysis
Colombia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Colombia's tax revenue was 17.00% in 2025. Ranked 61st globally. This represents a 11.2% increase from the previous year.
Colombia's tax revenue peaked at 17.56% in 2023.
The lowest tax revenue in Colombia was 11.22% in 2000.
Colombia ranks 61st globally in tax revenue as of 2025.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
Colombia's tax revenue is projected to reach 17.00% by 2025 based on trend extrapolation.
The tax revenue of Colombia in 2025 was 17.00%. This ranks 61st in the world.
Cite this page
@misc{historysaid_colombia_tax-revenue,
title = {Colombia Tax Revenue},
url = {https://historysaid.com/colombia/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}