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Colombia vs Maldives: tax rates compared
Colombia has an income tax rate of 39%, 24pp above Maldives's 15%. The 200-country average is 28%: Colombia sits above it, Maldives sits below it. Colombia's figure is dated 2025-01-01 and Maldives's 2020-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CO | MV | Difference |
|---|---|---|---|
| Income Tax | 39% | 15% | CO +24 pplargest gap |
| Corporate Tax | 35% | 15% | CO +20 pp |
| VAT | 19% | 8% | CO +11 pp |
| 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 |
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Difference | +24 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Colombia higher |
Colombia has a corporate tax rate of 35%, 20pp above Maldives's 15%. The 201-country average is 22.6%: Colombia sits above it, Maldives sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Difference | +11 pp | Colombia higher |
Colombia has a VAT rate of 19%, 11pp above Maldives's 8%. The 181-country average is 15%: Colombia sits above it, Maldives sits below it. Colombia's figure is dated 2026-01-23 and Maldives's 2023-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above Maldives's 0%. The 193-country average is 0.1%: Colombia sits above it, Maldives sits below it. Colombia's figure is dated 2026-01-23 and Maldives's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.