BB · AmericasCO · Americas
Barbados vs Colombia: tax rates compared
Colombia's income tax rate is 10.5pp higher than Barbados's (39% vs 28.5%). The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 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
| Tax | BB | CO | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 39% | CO +10.5 pp |
| Corporate Tax | 9% | 35% | CO +26 pplargest gap |
| VAT | 17.5% | 19% | CO +1.5 pp |
| Capital Gains Tax | 0% | 15% | CO +15 pp |
| Crypto Tax | 0% | 15% | CO +15 pp |
| Wealth Tax | 0% | 1.5% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −10.5 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −26 pp | Colombia higher |
Colombia's corporate tax rate is 26pp higher than Barbados's (35% vs 9%). The 201-country average is 22.6%: Barbados sits below it, Colombia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Difference | −1.5 pp | Colombia higher |
Colombia's VAT rate is 1.5pp higher than Barbados's (19% vs 17.5%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Difference | −15 pp | Colombia higher |
Colombia's capital gains tax rate is 15pp higher than Barbados's (15% vs 0%). The 175-country average is 10.3%: Barbados sits below it, Colombia sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11 |
| Colombia | 15% | Source: DIAN (Dirección de Impuestos y Aduanas Nacionales) — Concepto Unificado sobre Criptoactivos (100202208-1621) · as of 2023-10-17 |
| Difference | −15 pp | Colombia higher |
Colombia's crypto tax rate is 15pp higher than Barbados's (15% vs 0%). The 88-country average is 13%: Barbados sits below it, Colombia sits above it. Barbados's figure is dated 2026-01-11 and Colombia's 2023-10-17, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Difference | −1.5 pp | Colombia higher |
Colombia's wealth tax rate is 1.5pp higher than Barbados's (1.5% vs 0%). The 193-country average is 0.1%: Barbados sits below it, Colombia sits above it.