Minimum Wages in Colombia increased to 1750905 COP/Month in 2026 from 1423500 COP/Month in 2025. Minimum Wages in Colombia averaged 464720.53 COP/Month from 1984 until 2026, reaching an all time high of 1750905.00 COP/Month in 2026 and a record low of 11298.00 COP/Month in 1984.

Minimum Wages in Colombia is expected to reach 1750000.00 COP/Month by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Minimum Wages is projected to trend around 1900000.00 COP/Month in 2027 and 2100000.00 COP/Month in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 24093.96 23227.00 Thousand Feb 2026
Employment Rate 58.74 56.69 percent Feb 2026
Labor Force Participation Rate 64.70 63.60 percent Feb 2026
Minimum Wages 1750905.00 1423500.00 COP/Month Dec 2026
Population 53.06 52.97 Million Dec 2025
Unemployed Persons 2451.46 2829.60 Thousand Feb 2026
Unemployment Rate 9.20 10.90 percent Feb 2026


Colombia Minimum Wages
Actual Previous Highest Lowest Dates Unit Frequency
1750905.00 1423500.00 1750905.00 11298.00 1984 - 2026 COP/Month Yearly
Current Prices, NSA