Colombia Living Wage Individual - Forecast

Living Wage Individual in Colombia is expected to be 776200.00 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 776200.00 COP/Month in 2020, according to our econometric models.


Colombia Living Wage Individual
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Colombia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 10.8 10.8 10.7 10.8 10.6 9.4
Unemployed Persons 2645 2900 3200 3200 3200 3350
Population 49.29 50.3 49.14 50 49.41 51.5
Labor Force Participation Rate 63.3 64.64 64.51 64.5 64.48 65
Living Wage Family 1098000 1098000 1098000 1098000 1135353 1098000
Living Wage Individual 776200 776200 776200 776200 776200 776200
Wages High Skilled 2499200 2502030 2502030 2502030 2502030 2508498
Wages Low Skilled 830100 840000 840000 840000 840000 850000
Employed Persons 21840 22773 22391 22697 22445 22596
Employment Rate 56.48 57.87 57.39 57.67 57.51 57.57