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Colombia minimum wageCC

Colombia minimum wage

1.42 MCOP / MONTHR
−200 K−12.32%
COP / MONTH
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Key data points


Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
‪1.62 M‬ COP / MONTH on Jan 1, 2025
Lowest
‪11.30 K‬ COP / MONTH on Dec 31, 1984

About Colombia minimum wage


Category
Labor
Source
Gobierno
Frequency
Annual
Units
COP / MONTH

Colombia in figures — see more economic indicators tied to COMW.
Employed Persons
R
COEMP
23.97 MPSN
Employment Rate
R
COEMR
58.9%
Labor Force Participation Rate
R
COLFPR
64.6%
Living Wage Family
R
COLWF
1.1 MCOP / MONTH
Living Wage Individual
R
COLWI
782.1 KCOP / MONTH
Minimum Wages
R
COMW
1.42 MCOP / MONTH
Population
R
COPOP
52.97 MPSN
Unemployed Persons
R
COUP
2.32 MPSN
Unemployment Rate
R
COUR
8.8%
Wages High Skilled
R
COWHS
2.6 MCOP / MONTH
Wages Low Skilled
R
COWLS
899.5 KCOP / MONTH