Colombia Tax Revenue: % of GDP
Key information about Colombia Tax revenue: % of GDP
- Colombia Tax revenue: % of GDP was reported at 13.1 % in Dec 2023.
- This records a decrease from the previous number of 18.9 % for Sep 2023.
- Colombia Tax revenue: % of GDP data is updated quarterly, averaging 13.7 % from Mar 2000 to Dec 2023, with 96 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 Dec 2023 in the chart:
What was Colombia's Tax Revenue: % of GDP in Dec 2023?
Colombia Tax revenue: % of GDP was reported at 13.1 % in Dec 2023. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
13.1 Dec 2023 | 18.9 Sep 2023 | 7.7 Dec 2000 | 22.8 Jun 2012 | % | quarterly | Mar 2000 - Dec 2023 |
Tax Revenue: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 19.6 2022 | yearly | 2008 - 2022 |
Algeria (%) | 5.0 2022 | yearly | 1997 - 2022 |
Argentina (%) | 15.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Armenia (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Australia (%) | 29.2 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Austria (%) | 31.3 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Azerbaijan (%) | 17.9 2023 | yearly | 1993 - 2023 |
Bahrain (%) | 5.2 2022 | yearly | 1990 - 2022 |
Bangladesh (%) | 7.8 2023 | yearly | 2006 - 2023 |
Belarus (%) | 21.7 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
Belgium (%) | 29.7 2022 | yearly | 1980 - 2022 |
Bolivia (%) | 17.8 2022 | yearly | 1990 - 2022 |
Bosnia and Herzegovina (%) | 21.7 2022 | yearly | 2005 - 2022 |
Botswana (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
Brazil (%) | 15.8 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
Brunei (%) | 1.6 2022 | yearly | 2010 - 2022 |
Bulgaria (%) | 28.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Cambodia (%) | 18.3 2022 | yearly | 2013 - 2022 |
Canada (%) | 12.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Chile (%) | 19.4 2023 | yearly | 1990 - 2023 |
China (%) | 12.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Colombia (%) | 13.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Croatia (%) | 26.2 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
Cyprus (%) | 28.8 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Czech Republic (%) | 19.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Denmark (%) | 42.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Ecuador (%) | 10.4 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Egypt (%) | 5.5 2023 | yearly | 2005 - 2023 |
Estonia (%) | 22.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
European Union (%) | 26.7 2022 | yearly | 1995 - 2022 |
Finland (%) | 30.8 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
France (%) | 17.1 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Georgia (%) | 23.9 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Germany (%) | 23.7 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Greece (%) | 26.7 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
Hong Kong SAR, China (%) | 19.1 Dec 2023 | quarterly | Sep 1979 - Dec 2023 |
Hungary (%) | 23.6 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Iceland (%) | 40.0 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
India (%) | 7.5 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
Indonesia (%) | 10.8 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
Iran (%) | 5.1 2020 | yearly | 1996 - 2020 |
Ireland (%) | 16.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Israel (%) | 19.7 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Italy (%) | 36.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Ivory Coast (%) | 13.0 2023 | yearly | 1960 - 2023 |
Japan (%) | 12.5 Dec 2023 | quarterly | Jun 1983 - Dec 2023 |
Jordan (%) | 15.2 2018 | yearly | 1999 - 2018 |
Kazakhstan (%) | 18.2 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Kenya (%) | 7.1 2022 | yearly | 2006 - 2022 |
South Korea (%) | 22.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Kosovo (%) | 24.9 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
Kuwait (%) | 1.0 2022 | yearly | 1986 - 2022 |
Kyrgyzstan (%) | 21.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Laos (%) | 11.3 2022 | yearly | 2012 - 2022 |
Latvia (%) | 22.4 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
Lebanon (%) | 10.9 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 22.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Luxembourg (%) | 27.2 2022 | yearly | 1995 - 2022 |
Macau SAR, China (%) | 17.1 2022 | yearly | 2002 - 2022 |
North Macedonia (%) | 20.0 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Malawi (%) | 11.4 2021 | yearly | 2009 - 2021 |
Malaysia (%) | 12.3 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
Malta (%) | 21.7 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Mauritius (%) | 21.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Mexico (%) | 14.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Moldova (%) | 21.1 2023 | yearly | 2004 - 2023 |
Mongolia (%) | 19.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Montenegro (%) | 22.8 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
Morocco (%) | 22.5 Jun 2022 | quarterly | Mar 2007 - Jun 2022 |
Mozambique (%) | 18.2 2016 | yearly | 1996 - 2016 |
Myanmar (%) | 4.4 2021 | yearly | 2005 - 2021 |
Nepal (%) | 19.1 2018 | yearly | 2001 - 2018 |
Netherlands (%) | 26.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
New Zealand (%) | 31.5 2023 | yearly | 1999 - 2023 |
Norway (%) | 32.6 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Oman (%) | 3.8 2021 | yearly | 1996 - 2021 |
Pakistan (%) | 5.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (%) | 21.4 2020 | yearly | 2005 - 2020 |
Panama (%) | 9.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Paraguay (%) | 9.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Peru (%) | 13.6 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Philippines (%) | 12.6 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
Poland (%) | 15.6 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Portugal (%) | 22.3 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
Russia (%) | 21.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Serbia (%) | 41.7 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Singapore (%) | 10.1 Dec 2023 | quarterly | Dec 1987 - Dec 2023 |
Slovakia (%) | 15.6 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Slovenia (%) | 20.9 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
South Africa (%) | 23.7 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Spain (%) | 24.6 2022 | yearly | 1995 - 2022 |
Sri Lanka (%) | 10.6 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
Sudan (%) | 5.6 2021 | yearly | 2001 - 2021 |
Sweden (%) | 21.9 2022 | yearly | 1995 - 2022 |
Switzerland (%) | 27.5 2021 | yearly | 1990 - 2021 |
Taiwan (%) | 10.3 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
Tajikistan (%) | 20.5 2016 | yearly | 2000 - 2016 |
Thailand (%) | 13.4 2022 | yearly | 1990 - 2022 |
Tunisia (%) | 24.6 2022 | yearly | 1991 - 2022 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | 0.2 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
Consolidated Fiscal Balance (USD mn) | 3,323.396 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Tax Revenue (USD mn) | 3,930.503 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Tax Revenue: % of GDP (%) | 13.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
National Government Debt (USD mn) | 226,036.5 Sep 2023 | quarterly | Dec 2001 - Sep 2023 |
Government Debt: % of GDP (%) | 59.0 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Forecast: Government Expenditure (COP bn) | 710,187.230 2028 | yearly | 1982 - 2028 |
Forecast: Government Net Debt (COP bn) | 1,170,066.650 2028 | yearly | 1996 - 2028 |
Forecast: Government Revenue (COP bn) | 667,655.950 2028 | yearly | 1980 - 2028 |
Tax Collection: Internal: VAT (COP mn) | 1,298,396.060 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Tax Collection: Total (COP mn) | 15,454,149.450 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) | 197,665.896 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Tax Collection: Internal: Income Tax (COP mn) | 9,745,376.266 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.416 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,213.2 Jan 2024 | monthly | Jan 1958 - Jan 2024 |
Total Exports (USD mn) | 3,810.6 Feb 2024 | monthly | Jan 1970 - Feb 2024 |
Total Exports Growth (%) | -9.3 Feb 2024 | monthly | Jan 1971 - Feb 2024 |
Aluminum: Exports (USD th) | 60,040.101 2022 | yearly | 1995 - 2022 |
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) | 4,959.0 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Total Imports Growth (%) | -10.3 Jan 2024 | monthly | Jan 1981 - Jan 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) | 1,025.974 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
Total Imports from USA (USD mn) | 1,206.864 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Total Exports to China (USD mn) | 110.608 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
Total Imports from China (USD mn) | 1,282.522 Jan 2024 | monthly | Jun 1988 - Jan 2024 |
Terms of Trade Index (2000=100) | 124.183 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 5.2 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
Household Debt: % of GDP (%) | 32.3 Dec 2023 | quarterly | Dec 2015 - Dec 2023 |
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 (%) | 6.0 Feb 2024 | monthly | Dec 1980 - Feb 2024 |
Reserve Requirement Ratio (%) | 8.0 Mar 2024 | monthly | Jun 2008 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 54,561.7 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.945 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 11.0 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Gold Reserves (USD mn) | 331.700 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
Domestic Credit (USD mn) | 215,262.9 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
Domestic Credit Growth (%) | 5.4 Jan 2024 | monthly | Jan 1994 - Jan 2024 |
Credit to Households (USD bn) | 104.702 Sep 2023 | quarterly | Dec 1996 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 223.600 Sep 2023 | quarterly | Dec 1996 - Sep 2023 |
Household Debt (USD mn) | 79,476.4 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
Total Loans (USD mn) | 171,279.589 Jan 2024 | monthly | Apr 1995 - Jan 2024 |
Total Loans Growth (%) | 1.94 Jan 2024 | monthly | Apr 1996 - Jan 2024 |
Private Debt: % of Nominal GDP (%) | 42.53 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Net International Reserves: Gross: Gold (USD mn) | 331.700 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
Net International Reserves: Gross (USD mn) | 60,023.611 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -4.5 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
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