CO · Americas ↔ JM · Americas

Colombia vs Jamaica: tax rates compared

Colombia's corporate tax rate is 10pp higher than Jamaica's (35% vs 25%). The 201-country average is 22.6%: both sit above it.

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

Corporate Tax

0102030405060World avg 22.6%CO 35%JM 25%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jamaica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppColombia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CO 1.5%JM 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Difference+1.5 ppColombia higher

Colombia's wealth tax rate is 1.5pp higher than Jamaica's (1.5% vs 0%). The 193-country average is 0.1%: Colombia sits above it, Jamaica sits below it. Colombia's figure is dated 2026-01-23 and Jamaica's 2025-12-31, so the two rates come from different data vintages.

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