Minimum relative to average wages of full-time workers in Colombia

Colombia: Minimum relative to average wages of full-time workers was 58.51 Percentage of average wage of full-time employees in 2025. β–² Rising

Latest (2025)
58.51 Percentage of average wage of full-time employees
Change on year
up 2.7%
World rank
3rd
of 23 countries
All-time high
58.51 Percentage of average wage of full-time employees
in 2025
All-time low
51.99 Percentage of average wage of full-time employees
in 2014
Years of data
19
2007–2025

Minimum relative to average wages of full-time workers in Colombia, 2007–2025

02040602007201620252007: 52.2 Percentage of average wage of full-time employees2008: 52.8 Percentage of average wage of full-time employees2009: 54.9 Percentage of average wage of full-time employees2010: 52.3 Percentage of average wage of full-time employees2011: 52.9 Percentage of average wage of full-time employees2012: 54.5 Percentage of average wage of full-time employees2013: 53.2 Percentage of average wage of full-time employees2014: 52 Percentage of average wage of full-time employees2015: 54.5 Percentage of average wage of full-time employees2016: 55.2 Percentage of average wage of full-time employees2017: 55.9 Percentage of average wage of full-time employees2018: 56.2 Percentage of average wage of full-time employees2019: 55.8 Percentage of average wage of full-time employees2020: 58.3 Percentage of average wage of full-time employees2021: 58.4 Percentage of average wage of full-time employees2022: 53.7 Percentage of average wage of full-time employees2023: 55.2 Percentage of average wage of full-time employees2024: 57 Percentage of average wage of full-time employees2025: 58.5 Percentage of average wage of full-time employees

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of average wage of full-time employees.

Analysis

Colombia recorded 58.51 Percentage of average wage of full-time employees for minimum relative to average wages of full-time workers in 2025. That is the highest value across all 19 years on record.

The figure is up 2.7% on the previous year and up 7.3% over ten years.

Over the whole period, minimum relative to average wages of full-time workers in Colombia peaked at 58.51 Percentage of average wage of full-time employees in 2025 and was at its lowest, 51.99 Percentage of average wage of full-time employees, in 2014.

That places Colombia 3rd out of 23 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 53.31 Percentage of average wage of full-time employees 52.21 Percentage of average wage of full-time employees 54.89 Percentage of average wage of full-time employees 3
2010s 54.24 Percentage of average wage of full-time employees 51.99 Percentage of average wage of full-time employees 56.16 Percentage of average wage of full-time employees 10
2020s 56.84 Percentage of average wage of full-time employees 53.68 Percentage of average wage of full-time employees 58.51 Percentage of average wage of full-time employees 6

Countries ranked near Colombia

  1. 1 Costa Rica 68.91 Percentage of average wage of full-time employees compare
  2. 2 Mexico 61.14 Percentage of average wage of full-time employees compare
  3. 4 New Zealand 54.56 Percentage of average wage of full-time employees compare
  4. 5 United Kingdom of Great Britain and Northern Ireland 51.11 Percentage of average wage of full-time employees compare
  5. 6 France 50.42 Percentage of average wage of full-time employees compare

See the full ranking of 33 places β†’

More work & labour data for Colombia

All data for Colombia β†’

Frequently asked questions

What is minimum relative to average wages of full-time workers in Colombia?
Minimum relative to average wages of full-time workers in Colombia was 58.51 Percentage of average wage of full-time employees in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest minimum relative to average wages of full-time workers recorded in Colombia?
The highest recorded value was 58.51 Percentage of average wage of full-time employees in 2025.
What is the lowest minimum relative to average wages of full-time workers recorded in Colombia?
The lowest recorded value was 51.99 Percentage of average wage of full-time employees in 2014.
How does Colombia rank for minimum relative to average wages of full-time workers?
Colombia ranks 3rd out of 23 countries with data for 2025.
Is minimum relative to average wages of full-time workers rising or falling in Colombia?
Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Minimum relative to average wages of full-time workers. Statizoid updates them automatically from the source API.

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Minimum relative to average wages of full-time workers in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/minimum-relative-to-average-wages-of-full-time-workers/colombia/

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About this data

Indicator
Minimum relative to average wages of full-time workers
Unit
Percentage of average wage of full-time employees
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
33 places, 1,325 data points, 1960–2025
Last refreshed

For cross-country comparisons, data on minimum wage levels are further supplemented with another measure of minimum wages relative to average wages, that is, the ratio of minimum wages to median earnings of full-time employees. Median rather than mean earnings provide a better basis for international comparisons as it accounts for differences in earnings dispersion across countries. However, while median of basic earnings of full-time workers - i.e. excluding overtime and bonus payments - are ideally, the preferred measure of average wages for international comparisons of minimum-to-median earnings, they are not available for a large number of countries. Minimum relative to mean earnings of full-time workers are also provided.