TaxGlass

CO · Americas ↔ LT · Europe

Colombia vs Lithuania: tax rates compared

Colombia's income tax rate is 7pp higher than Lithuania's (39% vs 32%). The 37-country average is 43.2%: both sit below 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%LT 32%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+7 ppColombia higher

Corporate Tax

0102030405060World avg 22.6%CO 35%LT 16%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Lithuania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+19 ppColombia higherlargest gap on this page

Colombia's corporate tax rate is 19pp higher than Lithuania's (35% vs 16%). The 201-country average is 22.6%: Colombia sits above it, Lithuania sits below it.

VAT

0102030405060World avg 19.5%CO 19%LT 21%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Difference−2 ppLithuania higher

Lithuania's VAT rate is 2pp higher than Colombia's (21% vs 19%). The 37-country average is 19.5%: Colombia sits below it, Lithuania sits above it.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%LT 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Difference+1.5 ppColombia higher

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

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