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Slovakia vs Colombia

Compare PPP-adjusted average wages, long-term wage trends and consumer price levels using consistent OECD data.

Slovakia wage data: 2025 · Colombia wage data: 2024 · Price data: 2024

Comparison Overview

Slovakia flagSlovakia

Average wage (2025)

$37,832

1-year change
+1.6%
5-year change
+2.7%

Overall price level (2024)

52.9 (United States = 100)

Slovakia's latest PPP-adjusted average wage is approximately 25.5% higher than Colombia's.

Latest available wage years differ.

Colombia flagColombia

Average wage (2024)

$30,133

1-year change
+1.9%
5-year change
−3.9%

Overall price level (2024)

32.6 (United States = 100)

Slovakia has the higher latest average wage of the two, by 25.5% on a PPP-adjusted basis. Over five years Slovakia shows the stronger change (+2.7% against −3.9%). Overall consumer prices are higher in Slovakia, at 52.9 against 32.6 on the United States = 100 scale — a gap of +20.3 index points. The wage figures come from different years (2025 and 2024) and the price levels from 2024, so each economy is shown at its own latest available point.

Wage History

See how PPP-adjusted average annual wages have changed in both economies.

PPP-adjusted annual wage (USD)

SlovakiaColombia
$26,000$28,000$30,000$32,000$34,000$36,000$38,000$40,000201420162018202020222025

USD PPP, constant 2025 prices

Wage Key Facts

MetricSlovakiaColombia
Latest wage$37,832$30,133
Latest year20252024
1-year change+1.6%+1.9%
5-year change+2.7%−3.9%
10-year change+19.0%+2.4%
Historical peak$37,832$35,659
Peak year20252020
Change from peak0.0%−15.5%

How the Wage Trends Compare

Current Position

Slovakia records the higher figure: $37,832 against $30,133, a gap of 25.5%. A difference of that size is one of the wider ones in this dataset, and it holds after the PPP adjustment has already removed price level differences between the two.

The two are measured in different years — Slovakia in 2025, Colombia in 2024 — so this compares each economy's latest available point rather than a single common year. Where a strict same-year ranking is needed, the all-countries table uses the latest year for which every economy reports.

Both use the same basis: PPP-adjusted US dollars at constant prices. That conversion strips out the price level differences between the two economies, which is what makes the two figures comparable at all — neither is a local-currency salary, and neither is what an employer in that country would write on a contract.

Recent Momentum

Colombia had the stronger latest year (+1.9% against +1.6%).

Both moved up in the latest year, which leaves the ordering between them unchanged.

Widening the window to five years, the stronger of the two is Slovakia: +2.7% against −3.9%.

This is where the two separate: Colombia's latest year runs against its own five-year direction, while Slovakia's does not. Short-term and medium-term signals agree for one and conflict for the other.

Long-Term Direction

Across ten years both series are up — +19.0% for Slovakia and +2.4% for Colombia. Over this horizon the two share a direction, and the difference between them is one of pace.

Slovakia is at its historical peak in the latest year, while Colombia sits 15.5% from its high of 2020. One has recovered its previous ground and the other has not.

The gap has been widening rather than closing over the five-year window: the economy that already reported the higher wage is also the one growing faster.

Consumer Price Level Comparison

Compare eight consumer price categories with the United States benchmark of 100.

United States = 100
Missing values are shown as -

All differences are shown in index points. United States = 100.

CategorySlovakiaColombiaDifference (SVK − COL)SVK vs U.S.COL vs U.S.
Overall52.932.6+20.3−47.1−67.4
Food71.765.4+6.3−28.3−34.6
Clothing88.360.4+27.9−11.7−39.6
Housing43.926.6+17.3−56.1−73.4
Health33.418.6+14.8−66.6−81.4
Transport8949.8+39.2−11.0−50.2
Recreation74.947.8+27.1−25.1−52.2
Restaurants & Accommodation74.240.5+33.7−25.8−59.5

  • Overall

    Slovakia52.9
    Colombia32.6
    Difference+20.3
    SVK vs U.S.−47.1
    COL vs U.S.−67.4

  • Food

    Slovakia71.7
    Colombia65.4
    Difference+6.3
    SVK vs U.S.−28.3
    COL vs U.S.−34.6

  • Clothing

    Slovakia88.3
    Colombia60.4
    Difference+27.9
    SVK vs U.S.−11.7
    COL vs U.S.−39.6

  • Housing

    Slovakia43.9
    Colombia26.6
    Difference+17.3
    SVK vs U.S.−56.1
    COL vs U.S.−73.4

  • Health

    Slovakia33.4
    Colombia18.6
    Difference+14.8
    SVK vs U.S.−66.6
    COL vs U.S.−81.4

  • Transport

    Slovakia89
    Colombia49.8
    Difference+39.2
    SVK vs U.S.−11.0
    COL vs U.S.−50.2

  • Recreation

    Slovakia74.9
    Colombia47.8
    Difference+27.1
    SVK vs U.S.−25.1
    COL vs U.S.−52.2

  • Restaurants & Accommodation

    Slovakia74.2
    Colombia40.5
    Difference+33.7
    SVK vs U.S.−25.8
    COL vs U.S.−59.5

Slovakia and Colombia in Detail

Current Wage Position

Slovakia reports a PPP-adjusted average annual wage of $37,832 for 2025, and Colombia $30,133 for 2024. That puts Slovakia ahead by 25.5%.

Both figures are PPP-adjusted: converted using purchasing power parities rather than market exchange rates, and expressed in constant prices so different years stay comparable.

This matters for reading the gap. A market-rate conversion would move with currency markets and would not reflect what the money buys in each economy. These figures are built to compare purchasing power, not to tell you what a currency transfer would be worth.

Recent Wage Momentum

In the latest reported year Slovakia changed by +1.6% and Colombia by +1.9%. A single year is a narrow window, so it is worth reading alongside the five-year figure rather than on its own.

Over five years, Slovakia records the larger change at +2.7%, against −3.9% for Colombia. That is the difference in how far each series has travelled over the medium term, in real PPP-adjusted terms.

Short-term and five-year movement point the same way for both economies, so neither is currently being pulled against its own medium-term direction.

Long-Term Wage Direction

Across ten years the changes are +19.0% for Slovakia and +2.4% for Colombia. This is the longest horizon the data covers, and it is the one least affected by any single year's movement.

Slovakia reached its highest recorded value of $37,832 in 2025, and the latest figure sits 0.0% from that high.

Colombia peaked at $35,659 in 2020, leaving its latest value 15.5% away from that point.

Both long-term series move the same way, so the difference between these two economies is one of degree over ten years rather than of direction.

Consumer Price Profile

Against the United States benchmark of 100, overall consumption sits at 52.9 in Slovakia and 32.6 in Colombia — +20.3 index points apart.

The categories that separate them most are Transport (+39.2) and Restaurants & Accommodation (+33.7).

Food is where they are nearest, at 71.7 and 65.4.

Across the categories with data, Slovakia is the more expensive of the two more often than not.

How to Interpret the Comparison

These are average wages, not median wages, and not take-home pay. An average is pulled by the whole distribution, so it does not describe a typical individual, occupation, city or employer in either economy.

The wage figures are already PPP-adjusted and in constant prices. They are not local-currency salaries and not amounts convertible at a market exchange rate.

The price levels are relative indices against United States = 100. They describe how price levels compare, not what a household actually spends.

Wages and price levels should not be combined into a verdict on which country is better. This page is for understanding how the two wage trends and price structures differ — nothing further follows from it.

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Latest data check

May 15, 2025