Colombia: share of new motorcycle purchases 2016, by income

Published by Statista Research Department, Aug 31, 2023
This statistic displays the distribution of new motorcycle purchases in Colombia in 2016, sorted by income level. That year, 51.3 percent of individuals that purchased new motorcycles in Colombia were people earning between one and two minimum legal wages.

Distribution of new motorcycle purchases in Colombia in 2016, by income level

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Release date

2017

Region

Colombia

Survey time period

2016

Supplementary notes

According to the Decree No. 2552, issued by the Ministry of Labour of Colombia on December 30th, 2015, the minimum legal monthly wage (known as Salario Mínimo Mensual Legal Vigente or SMMLV) for 2016 was set at 689,455.00 Colombian pesos.

Figures have been rounded.

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