Colombia's other taxes (current LCU) was 8.98 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is down 29.93% from 12.81 trillion in 2014 (3.49% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 8.98 trillion | 2024 |
| Five years earlier | 6.87 trillion | 2019 |
| Ten years earlier | 12.81 trillion | 2014 |
| Highest | 22.78 trillion | 2011 |
| Lowest | 510.82 billion | 2003 |
| Average since 2015 | 7.94 trillion | 2015–2024 |
| First recorded | 4.5 trillion |
What the numbers say
In 2024, Colombia's other taxes (current LCU) rose 2.7% on 2023 (from 8.74 trillion to 8.98 trillion).
Across the 17 yearly changes before that (1999 to 2023), the average change was +13.1% and a typical year strayed about 64.3% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 229.6% in 2011 and the biggest yearly fall was 61.1% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Colombia had the 3rd highest value of the 82 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Colombia in the 2024 ranking
- Lebanon — 1st of 82: 54.08 trillion
- Korea, Rep. — 2nd of 82: 31.91 trillion
- Argentina — 4th of 82: 5.82 trillion
- Chile — 5th of 82: 2.56 trillion
- Tanzania — 6th of 82: 841.71 billion
What this measures
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 21 values
| Year | Other taxes (current LCU) |
|---|---|
| 2024 | 8,975,170,469,492 |
| 2023 | 8,740,717,087,148 |
| 2022 | 6,232,148,099,493 |
| 2021 | 6,235,797,573,079 |
| 2020 | 6,233,142,503,136 |
| 2019 | 6,871,435,734,312 |
| 2018 | 5,186,806,904,247 |
| 2017 | 8,789,406,000,304 |
| 2016 | 8,502,397,933,813 |
| 2015 | 13,607,642,859,372 |
Other taxes (current LCU) in nearby economies
- Argentina — 5.82 trillion (2024)
- Bahamas, The — 210.26 million (2024)
- Barbados — 231.07 million (2016)
- Belize — 6.38 million (2017)
- Brazil — 38.94 billion (2024)
- Chile — 2.56 trillion (2024)
- Costa Rica — 304.82 billion (2024)
- Dominican Republic — 16.67 billion (2024)
- Ecuador — 882.56 million (2022)
- El Salvador — 59 million (2024)
- Guatemala — 707.43 million (2024)
- Honduras
More public sector data for Colombia
- Arms imports (SIPRI trend indicator values) — 22 million (2025)
- Military expenditure (current USD) — 14.5 billion (2025)
- Military expenditure (current LCU) — 58.75 trillion (2025)
- Military expenditure (% of GDP) — 3.2% (2025)
- Military expenditure (% of general government expenditure) — 9.29% (2025)
- Battle-related deaths (number of people) — 225 (2024)
- Intentional homicides, female (per 100,000 female) — 3.44 (2023)
- Intentional homicides, male (per 100,000 male) — 46.95 (2023)
- Intentional homicides (per 100,000 people) — 24.91 (2023)
- Armed forces personnel, total
Reading data like this
Questions people ask
- What is Colombia's other taxes (current LCU)?
- 8.98 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is up 99.29% from 4.5 trillion in 1998 (2.69% a year on average, compounded). The highest value was 22.78 trillion in 2011 and the lowest 510.82 billion in 2003.
- How does Colombia rank?
- 3rd highest of 82 economies with data for 2024.
- Is the latest change in other taxes (current LCU) unusual for Colombia?
- In 2024, Colombia's other taxes (current LCU) rose 2.7% on 2023 (from 8.74 trillion to 8.98 trillion). Across the 17 yearly changes before that (1999 to 2023), the average change was +13.1% and a typical year strayed about 64.3% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.TAX.OTHR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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