Through the time frame displayed, there has been an overall increase in the average income for the Colombian population in the capital Bogota. Starting the report with the lowest amount all the way to the topmost one in 2023 with around 1.93 million Colombian pesos.

Minimum Wages in Colombia increased to 1423500 COP/Month in 2025 from 1300000 COP/Month in 2024. This dataset provides - Colombia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia Earnings: Average: 13 Cities: Employees data was reported at 1,528,767.000 COP in 2021. This records an increase from the previous number of 1,487,567.000 COP for 2020. Colombia Earnings: Average: 13 Cities: Employees data is updated yearly, averaging 1,487,567.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 1,528,767.000 COP in 2021 and a record low of 1,448,168.000 COP in 2019. Colombia Earnings: Average: 13 Cities: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

The national gross income per capita in Colombia increased by 170 U.S. dollars (+2.56 percent) compared to the previous year. While the growth is slowing down, with 6,810 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Colombia with key insights such as value added to gross domestic product by the manufacturing sector, personal remittances received, and value added by the services industry to the gross domestic product.

Earnings: Average: 23 Cities: Employees data was reported at 1,519,070.000 COP in 2021. This records an increase from the previous number of 1,479,571.000 COP for 2020. Earnings: Average: 23 Cities: Employees data is updated yearly, averaging 1,479,571.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 1,519,070.000 COP in 2021 and a record low of 1,435,318.000 COP in 2019. Earnings: Average: 23 Cities: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

The minimum wage per month guaranteed by law in Colombia was forecasted to increase by approximately 9.5 percent between 2024 and 2025, reaching 1.42 million Colombian pesos. In that same line, the inflation rate in the country reached 6.6 percent during 2024.

This statistic shows the average monthly salary in the palm industry in Colombia in 2016, broken down by contract type. In that year, the average wages of permanent workers in the oil palm sector amounted to more than 1.16 million Colombian pesos per month.

Explore the progression of average salaries for graduates in Universidad Cooperativa De Colombia from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Universidad Cooperativa De Colombia relative to other fields. This data is essential for students assessing the return on investment of their education in Universidad Cooperativa De Colombia, providing a clear picture of financial prospects post-graduation.

Earnings: Average: National: PA: Employees data was reported at 2,217,948.000 COP in 2021. This records an increase from the previous number of 2,104,718.000 COP for 2020. Earnings: Average: National: PA: Employees data is updated yearly, averaging 2,104,718.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 2,217,948.000 COP in 2021 and a record low of 1,961,829.000 COP in 2019. Earnings: Average: National: PA: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Earnings: Average: National: AE: Employees data was reported at 767,625.000 COP in 2021. This records an increase from the previous number of 761,754.000 COP for 2020. Earnings: Average: National: AE: Employees data is updated yearly, averaging 761,754.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 767,625.000 COP in 2021 and a record low of 689,224.000 COP in 2019. Earnings: Average: National: AE: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

Earnings: Average: 23 Cities: Others: Employees data was reported at 2,050,026.000 COP in 2021. This records an increase from the previous number of 1,967,326.000 COP for 2020. Earnings: Average: 23 Cities: Others: Employees data is updated yearly, averaging 2,050,026.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 2,079,554.000 COP in 2019 and a record low of 1,967,326.000 COP in 2020. Earnings: Average: 23 Cities: Others: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

In 2023, the median household income in the District of Columbia amounted to 111,000 U.S. dollars. This is an increase from the previous year, when the median household income amounted to 101,700 U.S. dollars. The median income in the United States can be accessed here.

Earnings: Average: National: Public Administration & Defense, Education & Human Health Care (PA) data was reported at 2,131,334.000 COP in 2021. This records an increase from the previous number of 2,023,765.000 COP for 2020. Earnings: Average: National: Public Administration & Defense, Education & Human Health Care (PA) data is updated yearly, averaging 2,023,765.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 2,131,334.000 COP in 2021 and a record low of 1,914,366.000 COP in 2019. Earnings: Average: National: Public Administration & Defense, Education & Human Health Care (PA) data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population (%) in Colombia was reported at --2.59 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Colombia - Annualized average growth rate in per capita real survey mean consumption or income, bottom 40% of population - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Colombia Earnings: Average: 13 Cities: AE: Employees data was reported at 901,409.000 COP in 2021. This records a decrease from the previous number of 935,020.000 COP for 2020. Colombia Earnings: Average: 13 Cities: AE: Employees data is updated yearly, averaging 901,409.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 935,020.000 COP in 2020 and a record low of 844,014.000 COP in 2019. Colombia Earnings: Average: 13 Cities: AE: Employees data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

How much do software development professionals earn in Latin America? Among the presented countries, software developers in Panama had the highest median annual salary, amounting to 50 thousand U.S. dollars.

Earnings: Average: 13 Cities: Financial & Insurance Activities data was reported at 2,847,030.000 COP in 2021. This records an increase from the previous number of 2,425,353.000 COP for 2020. Earnings: Average: 13 Cities: Financial & Insurance Activities data is updated yearly, averaging 2,627,982.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 2,847,030.000 COP in 2021 and a record low of 2,425,353.000 COP in 2020. Earnings: Average: 13 Cities: Financial & Insurance Activities data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

Earnings: Average: National: Manufacturing Industries data was reported at 1,044,239.000 COP in 2021. This records an increase from the previous number of 985,384.000 COP for 2020. Earnings: Average: National: Manufacturing Industries data is updated yearly, averaging 1,005,180.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 1,044,239.000 COP in 2021 and a record low of 985,384.000 COP in 2020. Earnings: Average: National: Manufacturing Industries data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.

Earnings: Average: National: Independent data was reported at 772,753.000 COP in 2021. This records an increase from the previous number of 651,706.000 COP for 2020. Earnings: Average: National: Independent data is updated yearly, averaging 772,753.000 COP from Dec 2019 (Median) to 2021, with 3 observations. The data reached an all-time high of 774,595.000 COP in 2019 and a record low of 651,706.000 COP in 2020. Earnings: Average: National: Independent data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.G070: Average Monthly Earnings.