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 August 24, 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 August 24, 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: August 24, 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 August 24, 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/