Minimum Wages in Colombia increased to 908526 COP/Month in 2021 from 877803 COP/Month in 2020.
Minimum Wages in Colombia averaged 351278.37 COP/Month from 1984 until 2021, reaching an all time high of 908526 COP/Month in 2021 and a record low of 11298 COP/Month in 1984. This page provides - Colombia Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Minimum Wages - values, historical data and charts - was last updated on October of 2021.
Minimum Wages in Colombia is expected to reach 908526.00 COP/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Minimum Wages is projected to trend around 970000.00 COP/Month in 2022 and 1028000.00 COP/Month in 2023, according to our econometric models.