CO · AmericasVE · Americas

Colombia vs Venezuela: tax rates compared

Colombia has an income tax rate of 39%, 5pp above Venezuela's 34%. The 200-country average is 28%: both sit above it. Colombia's figure is dated 2025-01-01 and Venezuela's 2026-01-12, 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

0102030405060Income34%39%Corporate34%35%VAT16%19%Capital Gains1%15%Wealth Tax0.3%1.5%
five shared taxes, side by side
Tax CO VEDifference
Income Tax39%34%CO +5 pp
Corporate Tax35%34%CO +1 pp
VAT19%16%CO +3 pp
Capital Gains Tax15%1%CO +14 pplargest gap
Wealth Tax1.5%0.3%CO +1.2 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
Venezuela34%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12
Difference+5 ppColombia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Colombia35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Venezuela34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppColombia higher

Colombia has a corporate tax rate of 35%, 1pp above Venezuela's 34%. 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
Venezuela16%Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12
Difference+3 ppColombia higher

Colombia has a VAT rate of 19%, 3pp above Venezuela's 16%. 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
Venezuela1%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12
Difference+14 ppColombia higher

Colombia has a capital gains tax rate of 15%, 14pp above Venezuela's 1%. The 175-country average is 10.3%: Colombia sits above it, Venezuela sits below 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
Venezuela0.3%Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12
Difference+1.2 ppColombia higher

Colombia has a wealth tax rate of 1.5%, 1.2pp above Venezuela's 0.3%. The 193-country average is 0.1%: both sit above it.

Not covered for both countries yet: Crypto Tax.