Colombia - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Colombia was 31,615,700,000,000 as of 2010. As the graph below shows, over the past 9 years this indicator reached a maximum value of 31,615,700,000,000 in 2010 and a minimum value of 10,422,900,000,000 in 2002.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2001 10,845,000,000,000
2002 10,422,900,000,000
2003 15,126,800,000,000
2004 17,933,400,000,000
2005 22,037,600,000,000
2006 19,412,400,000,000
2007 27,181,200,000,000
2008 29,683,700,000,000
2009 28,157,000,000,000
2010 31,615,700,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Colombia was 31.68 as of 2010. Its highest value over the past 9 years was 40.13 in 2008, while its lowest value was 23.22 in 2006.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2001 31.61
2002 30.23
2003 30.81
2004 29.52
2005 34.82
2006 23.22
2007 26.14
2008 40.13
2009 32.23
2010 31.68

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Colombia was 6.74 as of 2010. Its highest value over the past 9 years was 7.73 in 2005, while its lowest value was 5.01 in 2002.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
2001 5.64
2002 5.01
2003 6.58
2004 6.94
2005 7.73
2006 6.04
2007 7.53
2008 7.33
2009 6.53
2010 6.74

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance