Living Wage Family in Colombia increased to 1095100 COP/Month in 2018 from 1065500 COP/Month in 2017.

Living Wage Family in Colombia averaged 1068875 COP/Month from 2015 until 2018, reaching an all time high of 1095100 COP/Month in 2018 and a record low of 1042100 COP/Month in 2016. Colombia Living Wage Family - values, historical data and charts - was last updated on August of 2020.

Living Wage Family in Colombia is expected to reach 1135352.83 COP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Living Wage Family is projected to trend around 1135352.83 COP/Month in 2021 and 1096364.26 COP/Month in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Colombia Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1095100.00 1065500.00 1095100.00 1042100.00 2015 - 2018 COP/Month yearly

Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 19.80 21.40 21.40 7.30 percent [+]
Unemployed Persons 4532.73 4693.93 4693.93 1791.64 Thousand [+]
Population 50.37 49.83 50.37 16.01 Million [+]
Labor Force Participation Rate 55.20 51.80 66.90 51.80 percent [+]
Employed Persons 18344.62 17262.39 23098.02 15188.95 Thousand [+]
Employment Rate 46.05 43.40 61.41 41.57 percent [+]


Colombia Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.