The minimum wage per month guaranteed by law in Colombia was forecasted to increase by approximately 12 percent between 2023 and 2024, reaching 1.3 million Colombian pesos. In that same line, the inflation rate in the country reached 1.73 percent during 2023.
Minimum monthly wage in Colombia from 2009 to 2024
(in Colombian pesos)
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La República (Colombia). (June 10, 2024). Minimum monthly wage in Colombia from 2009 to 2024 (in Colombian pesos) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/
La República (Colombia). "Minimum monthly wage in Colombia from 2009 to 2024 (in Colombian pesos)." Chart. June 10, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/
La República (Colombia). (2024). Minimum monthly wage in Colombia from 2009 to 2024 (in Colombian pesos). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/
La República (Colombia). "Minimum Monthly Wage in Colombia from 2009 to 2024 (in Colombian Pesos)." Statista, Statista Inc., 10 Jun 2024, https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/
La República (Colombia), Minimum monthly wage in Colombia from 2009 to 2024 (in Colombian pesos) Statista, https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/ (last visited December 21, 2024)
Minimum monthly wage in Colombia from 2009 to 2024 (in Colombian pesos) [Graph], La República (Colombia), June 10, 2024. [Online]. Available: https://www.statista.com/statistics/1349795/evolution-minimum-wage-month-colombia/