CO · AmericasGM · Africa
Colombia vs Gambia: tax rates compared
Colombia has an income tax rate of 39%, 14pp above Gambia's 25%. The 200-country average is 28%: Colombia sits above it, Gambia sits below it. Colombia's figure is dated 2025-01-01 and Gambia's 2018-01-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CO | GM | Difference |
|---|---|---|---|
| Income Tax | 39% | 25% | CO +14 pplargest gap |
| Corporate Tax | 35% | 27% | CO +8 pp |
| VAT | 19% | 15% | CO +4 pp |
| Capital Gains Tax | 15% | 15% | match |
| Wealth Tax | 1.5% | 0% | CO +1.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| Difference | +14 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8 pp | Colombia higher |
Colombia has a corporate tax rate of 35%, 8pp above Gambia's 27%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Difference | +4 pp | Colombia higher |
Colombia has a VAT rate of 19%, 4pp above Gambia's 15%. The 181-country average is 15%: Colombia sits above it, Gambia matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Colombia and Gambia share the same capital gains tax rate: 15%. The 175-country average is 10.3%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above Gambia's 0%. The 193-country average is 0.1%: Colombia sits above it, Gambia sits below it.
Not covered for both countries yet: Crypto Tax.