The average salary in Colombia is about 4,690,000 COP (Colombian Peso) per month. As per the latest exchange rate in August 2021, this roughly amounts to USD 1,200. Thats significantly less than the highest average salary figures in most other countries.

What is the average yearly salary in Colombia?

It ranks as a beta-level city by the World Cities Group and Network. As of 2019, the average salary is approximately $310 , which is very low when compared to $5975 earned in Luxembourg, which is the highest average salary in the world. The minimum wage in Bogota is $257 as of 1 January 2019.