CO · Americas ↔ DK · Europe

Colombia vs Denmark: tax rates compared

Denmark's income tax rate is 16.9pp higher than Colombia's (55.9% vs 39%). The 37-country average is 43.2%: Colombia sits below it, Denmark sits above it.

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

Income Tax

0102030405060World avg 43.2%CO 39%DK 55.9%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Denmark55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−16.9 ppDenmark higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CO 35%DK 22%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Denmark22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+13 ppColombia higher

Colombia's corporate tax rate is 13pp higher than Denmark's (35% vs 22%). The 201-country average is 22.6%: Colombia sits above it, Denmark sits below it.

VAT

0102030405060World avg 19.5%CO 19%DK 25%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Denmark25%Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25
Difference−6 ppDenmark higher

Denmark's VAT rate is 6pp higher than Colombia's (25% vs 19%). The 37-country average is 19.5%: Colombia sits below it, Denmark sits above it.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%DK 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Difference+1.5 ppColombia higher

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.