CO · AmericasSN · Africa

Colombia vs Senegal: tax rates compared

Senegal's income tax rate is 4pp higher than Colombia's (43% vs 39%). The 200-country average is 28%: both sit above it. Colombia's figure is dated 2025-01-01 and Senegal's 2026-03-31, 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

0102030405060Income39%43%Corporate30%35%VAT18%19%Capital Gains15%43%Wealth Tax0%1.5%
five shared taxes, side by side
Tax CO SNDifference
Income Tax39%43%SN +4 pp
Corporate Tax35%30%CO +5 pp
VAT19%18%CO +1 pp
Capital Gains Tax15%43%SN +28 pplargest gap
Wealth Tax1.5%0%CO +1.5 pp

Income Tax

Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−4 ppSenegal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Senegal30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppColombia higher

Colombia's corporate tax rate is 5pp higher than Senegal's (35% vs 30%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Senegal18%Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31
Difference+1 ppColombia higher

Colombia's VAT rate is 1pp higher than Senegal's (19% vs 18%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Colombia15%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Senegal43%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31
Difference−28 ppSenegal higher

Senegal's capital gains tax rate is 28pp higher than Colombia's (43% vs 15%). The 175-country average is 10.3%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Senegal0%Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31
Difference+1.5 ppColombia higher

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

Not covered for both countries yet: Crypto Tax.