Median Monthly Income Colombia Colombian employees can earn anywhere between an average minimum monthly salary of 1 190 000 COP to an average maximum of 20 900 000 COP But what s the actual cost of an employee in Colombia A The true cost of a Colombian employee
For example the average Colombian salary for a software developer comes out to 4 680 000 COP 1 076 USD per month while software developers in the US take home around 7 600 USD monthly Median Income 2K 4K 6K 8K 10K 12K 14K 16K 18K 20K 22K 24K 26K 28K 30K Hover over a country for details Median Income by Country 2024 Median income is a metric used to identify the midpoint of a given nation s income distribution
Median Monthly Income Colombia
Median Monthly Income Colombia
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Gross national income GNI per capita is the total value of money received by a country from both domestic or foreign sources divided by the midyear population The World Bank uses a Average Monthly Salary 4 710 000 COP 56 500 000 COP yearly LOW 1 190 000 COP AVERAGE 4 710 000 COP HIGH 20 900 000 COP All salary figures displayed here are per month except when noted otherwise All salary and compensation figures displayed here are gross salary figures that is the salary before tax deductions
DataBank Microdata Data Catalog International Comparison Program Purchasing Power Parity International Household Survey Network IHSN COVID 19 High Frequency Phone Surveys 2020 Average Monthly Temperature 1901 2009 C Average Monthly Rainfall 1901 2009 mm Colombia from The World Bank Data The MW as a percentage of the median wage in Colombia was the highest in a sample of OECD advanced and emerging economies in 2021 Graph 1 while non wage labour cost surcharges represent 50 of wages Graph 2 Minimum Wage as a of Median Wage Graph 1 Sources OECD stat authors calculations
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Data for Colombia Upper middle income from The World Bank Data MEDIAN INCOME Growth of the annual median income consumption per capita 2 17 2016 2021 Sources WDI for GDP National Statistical Offices for national poverty rates PIP as of April 2023 and Global Monitoring Database for the rest Colombia s official poverty numbers are based on income published once per year and have been reported
In Colombia the average household net adjusted disposable income per capita is much less than the OECD average of USD 30 490 a year In terms of employment about 58 of people aged 15 to 64 in Colombia have a paid job below the OECD employment average of 66 Some 71 of men are in paid work compared with 45 of women Description For Colombia detailed quarterly balance of payments under the IMF BPM6 framework Properties Active Framework BPM6 Measurement Millions of U S dollars Mil USD Adjustment Not seasonally adjusted NSA Native frequency Quarterly Start date Uniformly 2000Q1 Predecessor BPM5 1996 to 2013 Methodology
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Colombia s Average Wage Less Than Half Global Average
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Median Monthly Income Colombia - Gross national income GNI per capita is the total value of money received by a country from both domestic or foreign sources divided by the midyear population The World Bank uses a