Real hourly minimum wage in Colombia

Real hourly minimum wage in Colombia was 4.1 USD at PPP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 4.1% from 2024. That is the 32nd highest of 36 countries in 2025.

2025, USD at PPP4.1
Change on 2024+4.1%
Rank32nd of 36Countries ranked
Series high4.12025
Series low2.471996

Real hourly minimum wage in Colombia, 1984 to 2025

22.533.544.5198419901996200220082014202020251984: 2.7 USD at PPP1985: 2.62 USD at PPP1986: 2.73 USD at PPP1987: 2.7 USD at PPP1988: 2.63 USD at PPP1989: 2.66 USD at PPP1990: 2.59 USD at PPP1991: 2.51 USD at PPP1992: 2.49 USD at PPP1993: 2.54 USD at PPP1994: 2.5 USD at PPP1995: 2.5 USD at PPP1996: 2.47 USD at PPP1997: 2.52 USD at PPP1998: 2.52 USD at PPP1999: 2.64 USD at PPP2000: 2.65 USD at PPP2001: 2.7 USD at PPP2002: 2.75 USD at PPP2003: 2.75 USD at PPP2004: 2.8 USD at PPP2005: 2.84 USD at PPP2006: 2.92 USD at PPP2007: 2.94 USD at PPP2008: 2.92 USD at PPP2009: 3.02 USD at PPP2010: 3.06 USD at PPP2011: 3.08 USD at PPP2012: 3.16 USD at PPP2013: 3.22 USD at PPP2014: 3.27 USD at PPP2015: 3.26 USD at PPP2016: 3.24 USD at PPP2017: 3.32 USD at PPP2018: 3.41 USD at PPP2019: 3.49 USD at PPP2020: 3.61 USD at PPP2021: 3.61 USD at PPP2022: 3.61 USD at PPP2023: 3.74 USD at PPP2024: 3.93 USD at PPP2025: 4.1 USD at PPP
USD at PPP. Source: OECD, OECD Real minimum wages: hourly, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@RMW). Retrieved 2026-10-12, published 2026-10-12.
All 42 values
PeriodUSD at PPP
20254.1
20243.93
20233.74
20223.61
20213.61
20203.61
20193.49
20183.41
20173.32
20163.24
20153.26
20143.27
20133.22
20123.16
20113.08
20103.06
20093.02
20082.92
20072.94
20062.92
20052.84
20042.8
20032.75
20022.75
20012.7
20002.65
19992.64
19982.52
19972.52
19962.47
19952.5
19942.5
19932.54
19922.49
19912.51
19902.59
19892.66
19882.63
19872.7
19862.73
19852.62
19842.7

Rankings

Definition

Statutory minimum wage converted to an hourly rate, deflated with the consumer price index to the OECD's current base year and converted to US dollars with purchasing power parities for private consumption of that year.

Only countries with a national statutory minimum wage are covered. The OECD averages rates that change during the year, so a value can differ from the rate in force on a given date, and it restates every year when the price base moves.

How to cite

OECD. OECD Real minimum wages: hourly, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@RMW). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_EARNINGS%40RMW&df[ag]=OECD.ELS.SAE. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the real hourly minimum wage in Colombia?

Real hourly minimum wage in Colombia was 4.1 USD at PPP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 4.1% from 2024. That is the 32nd highest of 36 countries in 2025.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD Real minimum wages: hourly, US dollars at constant prices and PPPs for private consumption (DSD_EARNINGS@RMW). Retrieved by Invokely on 2026-10-12.

What was the highest real hourly minimum wage in Colombia?

4.1 USD at PPP in 2025, the highest value since 1984 in this series.

Real hourly minimum wage in other countries

Related statistics for Colombia

All statistics for Colombia