Average monthly earnings of employees in Colombia

Colombia: Average monthly earnings of employees was 2.02 million in 2025. ◆ Volatile

Latest (2025)
2.02 million
Change on year
up 5.0%
World rank
3rd
of 43 countries
All-time high
2.02 million
in 2025
All-time low
91.66
in 2020
Years of data
10
2014–2025

Average monthly earnings of employees in Colombia, 2014–2025

0500.0k1.0M1.5M2.0M2014201920252014: 100.52015: 101.12016: 107.22017: 112.92018: 118.82020: 91.72022: 1.6M2023: 1.7M2024: 1.9M2025: 2.0M

Source: International Labour Organization.

Analysis

Colombia recorded 2.02 million for average monthly earnings of employees in 2025. That is the highest value across all 10 years on record.

That represents a change of up 5.0% on the previous year and up 2,000,810.0% over ten years.

Over the whole period, average monthly earnings of employees in Colombia peaked at 2.02 million in 2025 and was at its lowest, 91.66, in 2020.

That places Colombia 3rd out of 43 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Average monthly earnings of employees in Colombia, year by year

Annual values for Average monthly earnings of employees (Local currency) in Colombia, 2014 to 2025.
Year Value Change
2014 100.48
2015 101.09 +0.6%
2016 107.17 +6.0%
2017 112.89 +5.3%
2018 118.77 +5.2%
2020 91.66 -22.8%
2022 1.57 million +1717600.6%
2023 1.72 million +9.5%
2024 1.93 million +11.7%
2025 2.02 million +5.0%

Colombia compared with similar countries

  • Colombia's 2.02 million is above the median for upper middle income countries, which is 28,173, 71.8× the median. (13 countries reporting)
  • Colombia's 2.02 million is above the median for Latin America & Caribbean, which is 10,609, 190.7× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 108.08 100.48 118.77 5
2020s 1.45 million 91.66 2.02 million 5

Countries ranked near Colombia

  1. 1 Indonesia 2.96 million compare
  2. 2 Paraguay 2.87 million compare
  3. 4 Cambodia 1.08 million compare
  4. 5 Argentina 1.01 million compare
  5. 6 Chile 966,378 compare

See the full ranking of 43 places →

More work & labour data for Colombia

All data for Colombia →

Frequently asked questions

What is average monthly earnings of employees in Colombia?
Average monthly earnings of employees in Colombia was 2.02 million in 2025, according to International Labour Organization.
What is the highest average monthly earnings of employees recorded in Colombia?
The highest recorded value was 2.02 million in 2025.
What is the lowest average monthly earnings of employees recorded in Colombia?
The lowest recorded value was 91.66 in 2020.
How does Colombia rank for average monthly earnings of employees?
Colombia ranks 3rd out of 43 countries with data for 2025.
Is average monthly earnings of employees rising or falling in Colombia?
Over the last ten years it is up 2,000,810.0%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from International Labour Organization, published as part of Average monthly earnings of employees (Local currency). Statizoid updates them automatically from the source API.

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Average monthly earnings of employees in Colombia. Statizoid, drawing on International Labour Organization. Retrieved 14 September 2026, from https://labour.statizoid.com/stat/average-monthly-earnings-of-employees-local-currency/colombia/

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About this data

Indicator
Average monthly earnings of employees (Local currency)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
43 places, 489 data points, 1989–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) 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.