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INCOME TAX - Reconciliation between total expenses of income tax and tax expense (Details) - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure of income tax [Line Items]      
Profit before income tax $ 8,520,297 $ 6,475,284 $ 7,451,711
Enacted tax rate 34.00% 36.00% 33.00%
Theoretical income tax expense $ 2,896,901 $ 2,331,102 $ 2,459,065
Non deductible expenses 414,045 613,118 484,615
Tax losses considered non recoverable for income tax purpose 9,480 39,843 54,698
Presumptive income considered non recoverable for income tax purpose (7,845) (5,074) 7,071
Nontaxable dividends (54,102) (31,770) (24,172)
Nontaxable income under equity method in associates (102,073) (79,258) (69,399)
Profit (loss) in sales or appraisal of investment (695) 2,492 (1,167)
Nontaxable interest income and other income (274,704) (86,195) (19,088)
Other nontaxable income (208,030) (386,496) (339,253)
Revenues taxable by different tax rate 1,453 5,511 (5,851)
Tax benefits in the acquisition of property and equipment (22,431) (25,470) (42,375)
Tax discounts (91,830) (111,165) (80,742)
Profits (losses) in Subsidiaries in tax free countries or with different tax rate (265,374) (422,894) (116,155)
Effect on the deferred income tax due to changes in tax rates 587,938 (102,617) (129,172)
Prior years adjustments (103,464) (52,539) (16,931)
Adjustments due to uncertain tax positions in previous year (69,442) 8,539 (22,113)
Deferred taxes - Prior years adjustments 34,573 7,892 (86,473)
Other (6,563) 4,482 33,699
Withholding Tax 113,958 134,167  
Total tax expense $ 2,851,795 $ 1,843,668 $ 2,086,257
Effective income tax rate 33.47% 28.47% 28.00%
Banco de Bogota S.A.      
Disclosure of income tax [Line Items]      
Profits (losses) in Subsidiaries in tax free countries or with different tax rate   $ 262,901  
Tax Discount     $ 47,155
Withholding Tax   87,919  
Banco de Occidente S.A.      
Disclosure of income tax [Line Items]      
Tax Discount     7,068
Banco Popular S.A.      
Disclosure of income tax [Line Items]      
Tax Discount     6,257
Banco AV Villas      
Disclosure of income tax [Line Items]      
Tax Discount     10,444
Corficolombiana      
Disclosure of income tax [Line Items]      
Profits (losses) in Subsidiaries in tax free countries or with different tax rate   $ 133,329  
Tax Discount     8,498
Rent surcharge rate   4.00%  
Grupo Aval Holding      
Disclosure of income tax [Line Items]      
Tax Discount     $ 1,230
Other entities      
Disclosure of income tax [Line Items]      
Profits (losses) in Subsidiaries in tax free countries or with different tax rate   $ 7,611  
Costa Rica      
Disclosure of income tax [Line Items]      
Enacted tax rate 30.00% 30.00% 30.00%