GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Colombia

The average income in Colombia is approximately $6,282 USD per year.

Last Updated: June 18, 2024

How we write

In this post, we will explore the nuances of income statistics in Colombia, shedding light on various aspects of the country’s economic landscape. From disparities between urban and rural incomes to gender wage gaps and changes in minimum wage, we will delve into the numbers that paint a picture of the average income in Colombia.

Statistic 1

"The average monthly salary in Colombia in 2021 was roughly $1,274.82 USD."

Statistic 2

"The median gross income in Colombia in 2018 was $327 USD per month."

Statistic 3

"Colombia's average monthly minimum wage increased by 3.5% in 2021, reaching $267.51 USD."

Statistic 4

"The average annual wage in Colombia was $7,595.22 USD in 2021."

Statistic 5

"Colombia's average urban income in 2020 was higher ($333.68 USD per month) than its rural income ($206.55 USD per month)."

Statistic 6

"On average, men in Colombia earn 20% more than women."

Statistic 7

"The average monthly income in the Colombian industry sector was $310.58 USD in 2019."

Statistic 8

"Colombia's Gross National Income per capita increased to $6,117.18 USD in 2019 from $6,072 in 2018."

Statistic 9

"The highest earning Colombians in 2019 earned 13% more than the highest earners in 2018."

Statistic 10

"In 2018, around 26.9% of Colombian households had income below the poverty line."

Statistic 11

"In Colombia's formal sector, the average income was $363.69 per month in 2019."

Statistic 12

"Colombia's average income has seen a decrease of 4.17% from 2018 to 2021."

Statistic 13

"In 2018, 4.1% of Colombian households had incomes of more than 4 million pesos ($1,035 USD) per month."

Statistic 14

"Colombia's average monthly income in the Information Technology sector is $361.31 per month."

Statistic 15

"Colombia's median income has increased by 2.3% annually over the last 5 years."

Statistic 16

"The average income of an individual in the Colombian healthcare sector is about $1,064.58 per month."

Overall, the statistics on income in Colombia reveal a complex picture. While the average monthly salary saw an increase in 2021, reaching $1,274.82 USD, the disparity between urban and rural incomes, gender wage gaps, and variations across different sectors highlight ongoing challenges. The country’s average income has seen a slight decrease from 2018 to 2021, but there are pockets of higher earners, particularly in the Information Technology and healthcare sectors. The data also shows improvements in Colombia’s Gross National Income per capita, but significant proportions of households still struggle with poverty. Efforts to address income inequality and improve opportunities for all Colombians remain crucial moving forward.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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