Colombia vs Lao People's Democratic Republic: Monthly minimum wage
Monthly minimum wage over time
- Colombia
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 1.60 million against 1.30 million in Colombia, a difference of 300,000.
That makes Lao People's Democratic Republic's figure about 1.2 times Colombia's.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Colombia ahead.
Colombia ranks 8th and Lao People's Democratic Republic ranks 7th of 173 countries.
Across the 3 decades both report, Colombia averaged higher in 1 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | Colombia | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 372,670 | 159,960 | 212,710 | Colombia |
| 2010s | 650,058 | 747,400 | 97,342 | Lao People's Democratic Republic |
| 2020s | 1.05 million | 1.32 million | 270,734 | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Colombia or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 1.60 million against 1.30 million in Colombia as of 2024.
- What is the difference in monthly minimum wage between Colombia and Lao People's Democratic Republic?
- 300,000, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Colombia and Lao People's Democratic Republic?
- 25 years are reported by both, from 2000 to 2024.
- How do Colombia and Lao People's Democratic Republic rank globally for monthly minimum wage?
- Colombia ranks 8th and Lao People's Democratic Republic ranks 7th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.