CO · AmericasMK · Europe
Colombia vs North Macedonia: tax rates compared
Colombia has an income tax rate of 39%, 29pp above North Macedonia's 10%. The 200-country average is 28%: Colombia sits above it, North Macedonia sits below it. Colombia's figure is dated 2025-01-01 and North Macedonia's 2023-01-01, 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 | MK | Difference |
|---|---|---|---|
| Income Tax | 39% | 10% | CO +29 pplargest gap |
| Corporate Tax | 35% | 10% | CO +25 pp |
| VAT | 19% | 18% | CO +1 pp |
| Capital Gains Tax | 15% | 10% | CO +5 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 |
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Difference | +29 pp | Colombia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +25 pp | Colombia higher |
Colombia has a corporate tax rate of 35%, 25pp above North Macedonia's 10%. The 201-country average is 22.6%: Colombia sits above it, North Macedonia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Colombia | 19% | Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23 |
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Difference | +1 pp | Colombia higher |
Colombia has a VAT rate of 19%, 1pp above North Macedonia's 18%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 15% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Difference | +5 pp | Colombia higher |
Colombia has a capital gains tax rate of 15%, 5pp above North Macedonia's 10%. The 175-country average is 10.3%: Colombia sits above it, North Macedonia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Colombia | 1.5% | Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23 |
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Difference | +1.5 pp | Colombia higher |
Colombia has a wealth tax rate of 1.5%, 1.5pp above North Macedonia's 0%. The 193-country average is 0.1%: Colombia sits above it, North Macedonia sits below it.
Not covered for both countries yet: Crypto Tax.