CO · Americas ↔ ES · Europe

Colombia vs Spain: tax rates compared

Between the two, Spain's income tax rate (48.6%) tops Colombia's (39%) by 9.6pp. The 37-country average is 43.2%: Colombia sits below it, Spain 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%ES 48.6%
Income Tax, side by side
CountryRateSource
Colombia39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−9.6 ppSpain higher

Corporate Tax

0102030405060World avg 22.6%CO 35%ES 25%
Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppColombia higherlargest gap on this page

Between the two, Colombia's corporate tax rate (35%) tops Spain's (25%) by 10pp. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%CO 19%ES 21%
VAT, side by side
CountryRateSource
Colombia19%Source: PWC Worldwide Tax Summaries — Colombia (Corporate, Other taxes) · as of 2026-01-23
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−2 ppSpain higher

Between the two, Spain's VAT rate (21%) tops Colombia's (19%) by 2pp. The 37-country average is 19.5%: Colombia sits below it, Spain sits above it. Colombia's figure is dated 2026-01-23 and Spain's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%CO 1.5%ES 3.5%
Wealth Tax, side by side
CountryRateSource
Colombia1.5%Source: PWC Worldwide Tax Summaries — Colombia (Individual, Other taxes) · as of 2026-01-23
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−2 ppSpain higher

Between the two, Spain's wealth tax rate (3.5%) tops Colombia's (1.5%) by 2pp. The 193-country average is 0.1%: both sit above it. Colombia's figure is dated 2026-01-23 and Spain's 2025-12-31, so the two rates come from different data vintages.

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