Colombia Average Hourly Earnings 2024: $6.53
Colombia's average hourly earnings in 2024 is $6.53, up 12.0% from 2023. It ranks #23 of 41 countries.
Average hourly earnings compare employee pay rates globally, offering insights into wage disparities and economic strength.
Source (2024): Average hourly earnings of employees | Our World in Data
Where Colombia ranks (2024)
#23 of 41- #21
Dominican Republic6.94 USD - #22
Paraguay6.68 USD - #23
Colombia6.53 USD - #24
Vietnam6.26 USD - #25
Guatemala6.04 USD
Average Hourly Earnings over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 6.53 USD | +0.7 USD | +12.00% | |
| 2023 | 5.83 USD | +0.67 USD | +13.06% | |
| 2022 | 5.15 USD | +0.94 USD | +22.34% | |
| 2021 | 4.21 USD | 0.15 USD | -3.48% | |
| 2019 | 4.37 USD | +0.27 USD | +6.67% | |
| 2018 | 4.09 USD | +0.17 USD | +4.33% | |
| 2017 | 3.92 USD | +0.02 USD | +0.49% | |
| 2016 | 3.9 USD | 0.03 USD | -0.76% | |
| 2015 | 3.93 USD | 0.08 USD | -2.12% | |
| 2014 | 4.02 USD | +0 USD | +0.02% | |
| 2013 | 4.02 USD | +0.14 USD | +3.72% | |
| 2012 | 3.87 USD | +0.43 USD | +12.59% | |
| 2010 | 3.44 USD | — | — |
Frequently Asked Questions About Colombia Average Hourly Earnings
What is Colombia's average hourly earnings in 2024?▾
Colombia's average hourly earnings is $6.53 in 2024, according to Average hourly earnings of employees | International Labour Organization via Our World in Data.
Is Colombia's average hourly earnings increasing or decreasing?▾
Colombia's average hourly earnings rose by 12.0% from 2023 ($5.83) to 2024 ($6.53). Over the past decade (2014–2024) it rose by 62.4%.
How does Colombia rank for average hourly earnings?▾
In 2024, Colombia has the 23rd highest average hourly earnings out of 41 countries with data.
What was Colombia's average hourly earnings in 2010?▾
In 2010, Colombia's average hourly earnings was $3.44. By 2024 it rose by 89.7%.
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