🇨🇴 Colombia · 2026 edition
Investing in Bogotá
Bogotá ranks 10 of 13 Latin American cities on the ProLatam Data Index with 42.9 of 100, and 11 of 13 on the ProLatam Score. Its strongest pillar is economic dynamism (56), its weakest is tax competitiveness (30). A foreign shareholder pays 48.00% in total on repatriated profit.
ProLatam Data Index
42.9
Rank 10 of 13, balanced weighting
ProLatam Score
41.2
Rank 11 of 13, market-entry weighting
Strongest pillar
Economic Dynamism
56 of 100
Weakest pillar
Tax Competitiveness
30 of 100
How Bogotá scores on each pillar
Eight pillars, each normalized to 0 to 100 by a fixed published rule. A dash means the source does not cover Bogotá, which is not the same as a zero. Coverage of the weighted index for this city is 100%.
Swipe the table sideways for the reported value, the weights and the source.
What a foreign shareholder pays in Colombia
Corporate income tax plus the standard non-treaty withholding on the dividend paid out of what is left, which is the figure that actually reaches an owner abroad.
Total on repatriated profit
48.00%
Corporate income tax
35.0%
Dividend withholding
20.0%
Standard non-treaty rate
Compliance hours per year
255.5
World Bank Paying Taxes, 2018 data
Colombia taxes on a worldwide basis, so worldwide income is in scope. Heaviest combined burden of the 13 cities. The corporate rate rises to 40% for banks and insurers through 2027, and a 15% minimum effective rate applies. Free trade zone users pay 20% if they qualify under an approved export plan.
Context, published but not scored
These shape a decision without belonging in the index. FDI inflows track the size of an economy rather than the appeal of a city, and a sovereign rating measures a government's ability to repay debt rather than a company's ability to operate.
GDP growth 2026
2.3%
IMF World Economic Outlook, national
FDI inflows
$11.5B
National, latest published year
Sovereign rating
BB- (Stable)
Long-term foreign currency
English proficiency
513 (Moderate)
EF EPI city score, 1 to 800
Where Colombia has moved since 2021
The rule of law pillar is the only one of the eight with a series comparable across five editions, so it is the only place this profile shows a direction rather than a snapshot. Scores are national, 0 to 1, higher is better.
2021
0.489
2022
0.484
2023
0.482
2024
0.481
2025
0.472
Over the period Colombia weakened, -0.017 points. A move under 0.005 is reported as flat rather than as a trend. Compare all 10 economies.
Sectors with a documented presence
Corporate Services
Bogotá-Región logged 119 FDI projects in 2025, up 5.3% and more than 51% of Colombia’s total, ranking third among Latin American cities.
SourceSoftware & IT
Bogotá concentrates 60% of the software and IT foreign investment projects that arrived in Colombia over the past six years, generating more than 42,000 jobs.
SourceWhere Colombia's inbound FDI comes from
National statistics, share of inbound foreign direct investment.
- Luxembourg21.9%
- Spain16.0%
- Panama14.4%
- United States13.4%
- Other34.3%
Banco de la República, Q1 2026 flows. The central bank does not publish a full-year 2025 country breakdown.
Citing the Bogotá figures
Published under CC BY 4.0. Reuse is welcome, including commercially, with credit and a link.
Pro Latam. (2026). ProLatam Latin American City Investment Index 2026 (Version 2026.4) [Data set]. https://invest.pro-latam.orgSource: Pro Latam Investment Hub, ProLatam Data Index 2026 (https://invest.pro-latam.org). Updated 2026-09-04.
Considering Bogotá for a market entry?
Pro Latam has been placing international companies in Latin America since 2010. The ranking is the public part of the work, and the rest is the part that depends on what you are actually trying to build.