TaxGlass

CO · Americas ↔ PT · Europe

Colombia vs Portugal: tax rates compared

Portugal has an income tax rate of 53%, 14pp above Colombia's 39%. The 37-country average is 43.2%: Colombia sits below it, Portugal sits above 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%PT 53%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−14 ppPortugal higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CO 35%PT 30.5%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+4.5 ppColombia higher

Colombia has a corporate tax rate of 35%, 4.5pp above Portugal's 30.5%. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CO 19%PT 23%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-01-26
Difference−4 ppPortugal higher

Portugal has a VAT rate of 23%, 4pp above Colombia's 19%. The 37-country average is 19.5%: Colombia sits below it, Portugal sits above it.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%PT 0%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference+1.5 ppColombia higher

Colombia has a wealth tax rate of 1.5%, 1.5pp above Portugal's 0%. The 193-country average is 0.1%: Colombia sits above it, Portugal sits below it.

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