Colombia Tax Revenue: % of GDP
2000 - 2024 | Quarterly | % | CEIC Data
Key information about Colombia Tax revenue: % of GDP
- Colombia Tax revenue: % of GDP was reported at 16.3 % in Sep 2024.
- This records a decrease from the previous number of 16.7 % for Jun 2024.
- Colombia Tax revenue: % of GDP data is updated quarterly, averaging 13.8 % from Mar 2000 to Sep 2024, with 99 observations.
- The data reached an all-time high of 22.8 % in Jun 2012 and a record low of 7.7 % in Dec 2000.
- Colombia Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.
CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The National Tax and Customs Directorate provides Tax Revenue in local currency. National Administrative Department of Statistics provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to Q1 2005 is based on SNA 1993.
View Colombia's Tax Revenue: % of GDP from Mar 2000 to Sep 2024 in the chart:
What was Colombia's Tax Revenue: % of GDP in Sep 2024?
Colombia Tax revenue: % of GDP was reported at 16.3 % in Sep 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16.3 Sep 2024 | 16.7 Jun 2024 | 7.7 Dec 2000 | 22.8 Jun 2012 | % | quarterly | Mar 2000 - Sep 2024 |
Tax Revenue: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 19.2 2023 | yearly | 2008 - 2023 |
| Algeria (%) | 4.8 2023 | yearly | 1997 - 2023 |
| Argentina (%) | 16.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Australia (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Austria (%) | 27.2 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
| Bahrain (%) | 5.3 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 7.8 2023 | yearly | 2006 - 2023 |
| Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
| Belgium (%) | 29.2 2023 | yearly | 1980 - 2023 |
| Bolivia (%) | 18.0 2023 | yearly | 1990 - 2023 |
| Bosnia and Herzegovina (%) | 21.6 2023 | yearly | 2005 - 2023 |
| Botswana (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
| Brazil (%) | 15.9 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brunei (%) | 1.8 2023 | yearly | 2010 - 2023 |
| Bulgaria (%) | 28.3 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Cambodia (%) | 13.5 2022 | yearly | 2009 - 2022 |
| Canada (%) | 11.4 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
| China (%) | 11.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Colombia (%) | 16.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Croatia (%) | 26.1 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (%) | 20.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Czech Republic (%) | 19.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Denmark (%) | 44.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Ecuador (%) | 15.5 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
| Estonia (%) | 23.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| European Union (%) | 25.8 2023 | yearly | 1995 - 2023 |
| Finland (%) | 33.0 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| France (%) | 15.9 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Georgia (%) | 26.1 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Germany (%) | 22.3 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Greece (%) | 31.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hong Kong SAR, China (%) | 4.1 Sep 2024 | quarterly | Sep 1979 - Sep 2024 |
| Hungary (%) | 26.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Iceland (%) | 32.5 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| India (%) | 9.3 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
| Indonesia (%) | 9.5 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Iran (%) | 4.9 2021 | yearly | 1996 - 2021 |
| Ireland (%) | 20.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Israel (%) | 22.7 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Italy (%) | 29.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Ivory Coast (%) | 13.1 2023 | yearly | 1960 - 2023 |
| Japan (%) | 9.3 Sep 2024 | quarterly | Jun 1983 - Sep 2024 |
| Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Kenya (%) | 7.0 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 13.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Kosovo (%) | 24.8 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Kuwait (%) | 1.1 2023 | yearly | 1986 - 2023 |
| Kyrgyzstan (%) | 22.3 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Laos (%) | 13.0 2023 | yearly | 2012 - 2023 |
| Latvia (%) | 24.9 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 25.2 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Luxembourg (%) | 29.4 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 22.8 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 20.2 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Malawi (%) | 12.8 2022 | yearly | 2009 - 2022 |
| Malaysia (%) | 13.2 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Malta (%) | 24.4 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Mexico (%) | 13.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 21.0 2023 | yearly | 2004 - 2023 |
| Mongolia (%) | 29.0 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Montenegro (%) | 28.8 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
| Morocco (%) | 22.6 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
| Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
| Netherlands (%) | 26.6 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| New Zealand (%) | 30.8 2023 | yearly | 1999 - 2023 |
| Norway (%) | 31.7 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Oman (%) | 4.5 2023 | yearly | 1996 - 2023 |
| Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
| Panama (%) | 5.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Paraguay (%) | 13.6 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Peru (%) | 13.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Philippines (%) | 15.6 Sep 2024 | quarterly | Mar 1985 - Sep 2024 |
| Poland (%) | 16.9 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Portugal (%) | 22.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Russia (%) | 21.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Serbia (%) | 35.0 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Singapore (%) | 16.0 Sep 2024 | quarterly | Dec 1987 - Sep 2024 |
| Slovakia (%) | 14.0 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Slovenia (%) | 19.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| South Africa (%) | 21.6 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Spain (%) | 23.6 2023 | yearly | 1995 - 2023 |
| Sri Lanka (%) | 12.9 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 21.2 2023 | yearly | 1995 - 2023 |
| Switzerland (%) | 26.7 2022 | yearly | 1990 - 2022 |
| Taiwan (%) | 12.2 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
| Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
| Thailand (%) | 13.2 2023 | yearly | 1990 - 2023 |
| Tunisia (%) | 25.4 2023 | yearly | 1991 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doColombia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -8.5 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | -21,992.937 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Tax Revenue (USD mn) | 3,976.151 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Revenue: % of GDP (%) | 16.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| National Government Debt (USD mn) | 242,468.3 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Government Debt: % of GDP (%) | 62.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Forecast: Government Expenditure (COP bn) | 719,334.932 2029 | yearly | 1982 - 2029 |
| Forecast: Government Net Debt (COP bn) | 1,271,815.519 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (COP bn) | 665,180.008 2029 | yearly | 1980 - 2029 |
| Central Government: Revenue (COP bn) | 22,026.457 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Central Government: Expenditure (COP bn) | 39,049.628 Apr 2024 | monthly | Jan 1995 - Apr 2024 |
| Tax Collection: Internal: VAT (COP mn) | 1,668,751.462 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Internal: Income Tax (COP mn) | 9,711,188.764 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Total (COP mn) | 16,929,496.535 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 219,147.703 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,031.9 Sep 2024 | monthly | Jan 1958 - Sep 2024 |
| Total Exports (USD mn) | 4,311.8 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Total Exports Growth (%) | 3.8 Oct 2024 | monthly | Jan 1971 - Oct 2024 |
| Aluminum: Exports (USD th) | 55,621.914 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 361,386.398 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 56,465.291 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 5,162.8 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Total Imports Growth (%) | 4.4 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Imports: Medicament (USD th) | 2,136,175.945 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,809,154.500 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,161.495 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,221.174 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Total Exports to China (USD mn) | 88.414 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Total Imports from China (USD mn) | 1,376.598 Sep 2024 | monthly | Jun 1988 - Sep 2024 |
| Trade Balance: ytd: Total (USD mn) | -7,576.055 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Terms of Trade Index (2000=100) | 129.577 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Import Value Index (2015=100) | 113.030 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 112.879 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.0 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Household Debt: % of GDP (%) | 31.5 Jun 2024 | quarterly | Dec 2015 - Jun 2024 |
| Money Supply M1 (USD mn) | 38,979.482 May 2023 | monthly | Jan 1984 - May 2023 |
| Money Supply M2 (USD mn) | 161,207.989 May 2023 | monthly | Dec 1979 - May 2023 |
| M2 Growth (%) | 7.8 Oct 2024 | monthly | Dec 1980 - Oct 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jun 2008 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 58,480.6 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.191 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.3 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Gold Reserves (USD mn) | 417.800 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
| Domestic Credit (USD mn) | 208,887.9 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
| Domestic Credit Growth (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
| Credit to Households (USD bn) | 111.713 Dec 2023 | quarterly | Dec 1996 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 238.500 Dec 2023 | quarterly | Dec 1996 - Dec 2023 |
| Household Debt (USD mn) | 70,517.6 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Total Loans (USD mn) | 155,705.308 Oct 2024 | monthly | Apr 1995 - Oct 2024 |
| Total Loans Growth (%) | 1.63 Oct 2024 | monthly | Apr 1996 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 41.16 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Money Supply: M3 (COP bn) | 849,100.286 Oct 2024 | monthly | Jan 1982 - Oct 2024 |
| Net International Reserves: Gross (USD mn) | 62,976.412 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
| Net International Reserves: Gross: Gold (USD mn) | 400.500 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 3.3 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| IOS: Business Climate Indicators: Better Expectations (%) | 34.700 Jan 2023 | monthly | Oct 2006 - Jan 2023 |
| IOS: Business Climate Indicators: Favorable Situation (%) | 70.200 Jan 2023 | monthly | Oct 2006 - Jan 2023 |
More Indicators for Colombia
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.