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Armenia vs Colombia: tax rates compared

Colombia's income tax rate is 19pp higher than Armenia's (39% vs 20%). The 200-country average is 28%: Armenia sits below it, Colombia sits above it. Armenia's figure is dated 2023-01-01 and Colombia's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%39%Corporate18%35%VAT19%20%Capital Gains0%15%Crypto0%15%Wealth Tax0%1.5%
six shared taxes, side by side
Tax AM CODifference
Income Tax20%39%CO +19 pplargest gap
Corporate Tax18%35%CO +17 pp
VAT20%19%AM +1 pp
Capital Gains Tax0%15%CO +15 pp
Crypto Tax0%15%CO +15 pp
Wealth Tax0%1.5%CO +1.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−19 ppColombia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−17 ppColombia higher

Colombia's corporate tax rate is 17pp higher than Armenia's (35% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Colombia sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Difference+1 ppArmenia higher

Armenia's VAT rate is 1pp higher than Colombia's (20% vs 19%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Colombia15%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Difference−15 ppColombia higher

Colombia's capital gains tax rate is 15pp higher than Armenia's (15% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Colombia sits above it. Armenia's figure is dated 2025-10-01 and Colombia's 2026-01-23, so the two rates come from different data vintages.

Crypto Tax

Colombia's crypto tax rate is 15pp higher than Armenia's (15% vs 0%). The 88-country average is 13%: Armenia sits below it, Colombia sits above it. Armenia's figure is dated 2024-07-01 and Colombia's 2023-10-17, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Difference−1.5 ppColombia higher

Colombia's wealth tax rate is 1.5pp higher than Armenia's (1.5% vs 0%). The 193-country average is 0.1%: Armenia sits below it, Colombia sits above it.