Colombia - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Colombia was 159,925,000,000,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 159,925,000,000,000 in 2019 and a minimum value of 19,307,700,000,000 in 1998.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1998 | 19,307,700,000,000 |
| 1999 | 20,426,300,000,000 |
| 2000 | 23,396,700,000,000 |
| 2003 | 30,662,900,000,000 |
| 2008 | 62,102,200,000,000 |
| 2009 | 63,575,600,000,000 |
| 2010 | 66,060,700,000,000 |
| 2011 | 90,228,100,000,000 |
| 2012 | 88,158,800,000,000 |
| 2013 | 100,131,000,000,000 |
| 2014 | 119,774,000,000,000 |
| 2015 | 127,119,000,000,000 |
| 2016 | 124,257,000,000,000 |
| 2017 | 136,697,000,000,000 |
| 2018 | 146,105,000,000,000 |
| 2019 | 159,925,000,000,000 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Colombia was 15.07 as of 2019. Its highest value over the past 21 years was 15.80 in 2015, while its lowest value was 11.22 in 2000.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1998 | 13.74 |
| 1999 | 13.48 |
| 2000 | 11.22 |
| 2003 | 11.26 |
| 2008 | 13.03 |
| 2009 | 12.68 |
| 2010 | 12.14 |
| 2011 | 14.58 |
| 2012 | 13.23 |
| 2013 | 14.02 |
| 2014 | 15.70 |
| 2015 | 15.80 |
| 2016 | 14.39 |
| 2017 | 14.85 |
| 2018 | 14.79 |
| 2019 | 15.07 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
