TaxGlass

CO · Americas ↔ FI · Europe

Colombia vs Finland: tax rates compared

Finland's income tax rate is 12.8pp higher than Colombia's (51.8% vs 39%). The 37-country average is 43.2%: Colombia sits below it, Finland 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%FI 51.8%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Finland51.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−12.8 ppFinland higher

Corporate Tax

0102030405060World avg 22.6%CO 35%FI 20%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Finland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppColombia higherlargest gap on this page

Colombia's corporate tax rate is 15pp higher than Finland's (35% vs 20%). The 201-country average is 22.6%: Colombia sits above it, Finland sits below it.

VAT

0102030405060World avg 19.5%CO 19%FI 25.5%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Finland25.5%Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01
Difference−6.5 ppFinland higher

Finland's VAT rate is 6.5pp higher than Colombia's (25.5% vs 19%). The 37-country average is 19.5%: Colombia sits below it, Finland sits above it.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%FI 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Finland0%Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24
Difference+1.5 ppColombia higher

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

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