Monthly minimum wage (Local currency), per capita in Colombia
Colombia: Monthly minimum wage (Local currency), per capita was 0.0246 units per person in 2024. ▲ Rising
Monthly minimum wage (Local currency), per capita in Colombia, 1995–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
Colombia recorded 0.0246 units per person for monthly minimum wage (local currency), per capita in 2024. That is the highest value across all 30 years on record.
That represents a change of up 10.9% on the previous year and up 85.8% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Colombia peaked at 0.0246 units per person in 2024 and was at its lowest, 0.0033 units per person, in 1995.
That places Colombia 27th out of 170 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Monthly minimum wage (Local currency), per capita in Colombia, year by year
| Year | units per person | Change |
|---|---|---|
| 1995 | 0.0033 units per person | — |
| 1996 | 0.0039 units per person | +17.3% |
| 1997 | 0.0046 units per person | +18.9% |
| 1998 | 0.0054 units per person | +16.4% |
| 1999 | 0.0061 units per person | +14.0% |
| 2000 | 0.0067 units per person | +8.2% |
| 2001 | 0.0072 units per person | +8.2% |
| 2002 | 0.0077 units per person | +6.4% |
| 2003 | 0.0081 units per person | +5.8% |
| 2004 | 0.0086 units per person | +6.3% |
| 2005 | 0.0091 units per person | +5.1% |
| 2006 | 0.0096 units per person | +5.5% |
| 2007 | 0.01 units per person | +5.0% |
| 2008 | 0.0105 units per person | +5.1% |
| 2009 | 0.0112 units per person | +6.4% |
| 2010 | 0.0115 units per person | +2.5% |
| 2011 | 0.0118 units per person | +2.3% |
| 2012 | 0.0124 units per person | +5.4% |
| 2013 | 0.0128 units per person | +3.0% |
| 2014 | 0.0132 units per person | +3.6% |
| 2015 | 0.0137 units per person | +3.7% |
| 2016 | 0.0145 units per person | +5.9% |
| 2017 | 0.0153 units per person | +5.5% |
| 2018 | 0.0159 units per person | +4.0% |
| 2019 | 0.0166 units per person | +4.1% |
| 2020 | 0.0173 units per person | +4.5% |
| 2021 | 0.0177 units per person | +2.4% |
| 2022 | 0.0193 units per person | +8.9% |
| 2023 | 0.0222 units per person | +14.7% |
| 2024 | 0.0246 units per person | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0047 units per person | 0.0033 units per person | 0.0061 units per person | 5 |
| 2000s | 0.0089 units per person | 0.0067 units per person | 0.0112 units per person | 10 |
| 2010s | 0.0138 units per person | 0.0115 units per person | 0.0166 units per person | 10 |
| 2020s | 0.0202 units per person | 0.0173 units per person | 0.0246 units per person | 5 |
Countries ranked near Colombia
More work & labour data for Colombia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7218 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6981 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7453 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.81 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1417 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 48,629 1000 No (2050)
- Population - Est. & Proj. — Rural population 6,104 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 23,624 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 23,456 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 47,081 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), per capita in Colombia?
- Monthly minimum wage (local currency), per capita in Colombia was 0.0246 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Colombia?
- The highest recorded value was 0.0246 units per person in 2024.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Colombia?
- The lowest recorded value was 0.0033 units per person in 1995.
- How does Colombia rank for monthly minimum wage (local currency), per capita?
- Colombia ranks 27th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Colombia?
- Over the last ten years it is up 85.8%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.