1-Year Change
+1.9%
vs 2023
5-Year Change
−3.9%
vs 2019
Overall Price Level
32.6
2024 · United States = 100
A reported PPP-adjusted average wage of $30,133 in 2024 anchors this Colombia profile. The sections below add wage history, 2024 consumer price benchmarks and direct comparison links, with unavailable source values left unfilled. Each section keeps its measurement basis visible.
Wage data: 2024 · Price data: 2024
Wage History
Track PPP-adjusted average annual wages in constant prices over time.
PPP-adjusted annual wage (USD)
USD PPP, constant 2025 prices
Wage Key Facts
Latest Wage
$30,133
Latest Year
2024
1-Year Change
+1.9%
5-Year Change
−3.9%
10-Year Change
+2.4%
Historical Peak
$35,659
Peak Year
2020
Change From Peak
−15.5%
What the Wage Trend Shows
Colombia's national wage floor matters beyond workers directly paid at that rate. Formal wages nevertheless describe only part of a labour market with large urban-rural and formality differences.
The longer path is one of progress from a low base with constraints on broad gains. Trend language should separate the formal wage record from household income or universal coverage.
Consumer Price Levels
Compare eight consumer price categories with the United States benchmark of 100.
United States = 100
What Prices Look Like
Highest: Food
Food has the highest relative price level among the available categories, at 65.4 (United States = 100).
Lowest: Health
Health is the lowest at 18.6, −81.4 index points against the United States benchmark.
Overall vs United States
The overall price level is 32.6, below the United States benchmark (−67.4 index points).
Wage and Price Snapshot
Read the latest wage record and the selected price benchmark together, without merging their years.
The latest available PPP-adjusted average wage for Colombia is $30,133 for 2024. Its one-year change is +1.9%, while the ten-year change is +2.4%.
All eight consumer price categories have a reported value for 2024. 0 reported categories are above the United States benchmark, 8 are below it, and 0 are at 100.
The wage observation is from 2024, while the selected consumer price view is for 2024. They remain separate records on this page and are not combined into a same-year score.
- Latest wage recordWage year 2024
- $30,133
- Price category coveragePrice year 2024
- 8 of 8
- Relative to United States8 below, 0 at 100
- 0 above
Compare Colombia
See how Colombia's wages and price levels compare with other OECD economies.
Greece$32,412+7.6%higher
Mexico$24,463−18.8%lower
Slovakia$37,832+25.5%higher
Hungary$39,145+29.9%higher
Chile$40,626+34.8%higher
Estonia$41,019+36.1%higher
Czechia$43,607+44.7%higher
Costa Rica$44,431+47.4%higher
Latvia$44,709+48.4%higher
Portugal$44,937+49.1%higherA reported PPP-adjusted average wage of $30,133 in 2024 anchors this Colombia profile. The sections below add wage history, 2024 consumer price benchmarks and direct comparison links, with unavailable source values left unfilled. Each section keeps its measurement basis visible.
1-Year Change
+1.9%
vs 2023
5-Year Change
−3.9%
vs 2019
Overall Price Level
32.6
2024 · United States = 100
Wage data: 2024 · Price data: 2024
Open custom comparisonSimilar Economies
Frequently Asked Questions
What is the average annual wage in Colombia?
The most recent figure is $30,133 for 2024, expressed in USD PPP at constant 2025 prices. That basis adjusts for price level differences between economies, so it is not a local-currency salary. The year remains visible because wage and consumer price records do not necessarily cover the same period.
How has the average wage changed in Colombia?
After falling away from its peak, it turned back up by +1.9% in the latest year. It still sits 15.5% from the high of 2020. The chart keeps the annual observations visible so the short and long horizons can be checked separately.
What are consumer price levels like in Colombia?
Against the United States benchmark of 100, the overall level is 32.6. Food is the most expensive category at 65.4, and Health the least at 18.6. These are relative price indices for 2024, not prices in a local currency.
Is the average wage in Colombia close to its historical peak?
Not currently. It sits 15.5% below the 2020 peak of $35,659, and the latest year has not closed that gap. No broader conclusion is drawn beyond the reported series and benchmark values.
Wage data
OECD Average Annual Wages
Price data
OECD Comparative Price Levels
Reported coverage
Wages through 2024 · Prices through 2024