Living Wage Individual in Colombia increased to 782100 COP/Month in 2018 from 746500 COP/Month in 2017. Living Wage Individual in Colombia averaged 754825 COP/Month from 2015 until 2018, reaching an all time high of 782100 COP/Month in 2018 and a record low of 730000 COP/Month in 2016.

Living Wage Individual in Colombia is expected to be 778923.09 COP/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Living Wage Individual is projected to trend around 754717.33 COP/Month in 2020, according to our econometric models.

Colombia Living Wage Individual
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Colombia Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.30 10.80 17.87 7.30 percent [+]
Unemployed Persons 2523.61 2682.09 3408.44 1791.64 Thousand [+]
Population 49.83 49.29 49.83 16.01 Million [+]
Labor Force Participation Rate 62.20 63.20 66.90 56.90 percent [+]
Living Wage Family 1095100.00 1065500.00 1095100.00 1042100.00 COP/Month [+]
Living Wage Individual 782100.00 746500.00 782100.00 730000.00 COP/Month [+]
Wages High Skilled 2598000.00 2503700.00 2598000.00 2470000.00 COP/Month [+]
Wages Low Skilled 899500.00 833200.00 899500.00 825400.00 COP/Month [+]
Employed Persons 21896.03 22114.06 23098.02 15188.95 Thousand [+]
Employment Rate 55.78 56.39 61.41 48.97 percent [+]


Colombia Living Wage Individual

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. Colombia Living Wage Individual - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
782100.00 746500.00 782100.00 730000.00 2015 - 2018 COP/Month yearly




Country Last Previous
Argentina 10400.00 Dec/18
Australia 1770.00 Dec/18
Brazil 1390.00 Dec/18
Canada 1930.00 Dec/18
France 1080.00 Dec/18
Germany 1240.00 Dec/17
India 10300.00 Dec/18
Indonesia 1456700.00 Dec/18
Italy 935.00 Dec/18
Mexico 4320.00 Dec/18
Netherlands 1120.00 Dec/18
Russia 14500.00 Dec/18
South Africa 6570.00 Dec/18
Spain 855.00 Dec/18
Turkey 1930.00 Dec/18
United Kingdom 895.00 Dec/18
United States 1660.00 Dec/18


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