Colombia vs Hungary: Monthly minimum wage (Local currency), annual growth rate

Colombia
12.07 % change on previous year
in 2024
Hungary
11 % change on previous year
in 2026
Colombia rank
38th
Hungary rank
40th

Monthly minimum wage (Local currency), annual growth rate over time

  • Colombia
  • Hungary
0204060199620112026

How they compare

Colombia currently reports 12.07 % change on previous year against 11 % change on previous year in Hungary, a difference of 1.07 % change on previous year.

That makes Colombia's figure about 1.1 times Hungary's.

The two have swapped places 7 times across 29 shared years of data; in 1996 it was Colombia ahead.

Colombia ranks 38th and Hungary ranks 40th of 168 countries.

Across the 4 decades both report, Colombia averaged higher in 1 and Hungary in 3.

Head to head by decade

Decade Colombia Hungary Difference Ahead
1990s 18.76 % change on previous year 16.55 % change on previous year 2.21 % change on previous year Colombia
2000s 7.72 % change on previous year 13.22 % change on previous year 5.5 % change on previous year Hungary
2010s 5.25 % change on previous year 7.73 % change on previous year 2.48 % change on previous year Hungary
2020s 9.53 % change on previous year 12.5 % change on previous year 2.97 % change on previous year Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monthly minimum wage (local currency), annual growth rate, Colombia or Hungary?
Colombia, at 12.07 % change on previous year against 11 % change on previous year in Hungary as of 2024.
What is the difference in monthly minimum wage (local currency), annual growth rate between Colombia and Hungary?
1.07 % change on previous year, with Colombia ahead.
How many years of comparable data are there for Colombia and Hungary?
29 years are reported by both, from 1996 to 2024.
How do Colombia and Hungary rank globally for monthly minimum wage (local currency), annual growth rate?
Colombia ranks 38th and Hungary ranks 40th of 168 countries.
Where does this data come from?
Statizoid (derived), published as Monthly minimum wage (Local currency), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Hungary: Monthly minimum wage (Local currency), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/compare/monthly-minimum-wage-local-currency-annual-growth-rate/colombia/hungary/

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About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.