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COP

Colombia

Colombia's tax on pay is 0.00 %, the lowest of 37. And its real policy rate is 6.86 %, the 2nd highest of 53.

Of 25 fields published for Colombia, these two sit furthest from the middle of the atlas.

Tax on pay1 / 37

Is it expensive, or does the pay keep up?

Price level

38 % of US prices

41 of 125 · 2025 · the figure and its source →

Average monthly salary

$1,214 PPP/mo

The average employee in Colombia earns about $1,214 a month before tax, measured in dollars adjusted for what they buy locally.

62 of 92 · 2025 · the figure and its source →

Average annual salary

$30,133 PPP

36 of 37 · 2024 · the figure and its source →

Money's value

28.20 %

100 saved in Colombia in 2000 buys what 28 buys today — 72 % of its purchasing power is gone.

74 of 116 · 2025 · the figure and its source →

Price level41 / 125

What is left after the state takes its share?

Tax on pay

0.00 %

Of every $100 of gross pay at the average wage in Colombia, about $0 goes to income tax and employee social contributions.

1 of 37 · 2025 · the figure and its source →

Average monthly salary

$1,214 PPP/mo

The average employee in Colombia earns about $1,214 a month before tax, measured in dollars adjusted for what they buy locally.

62 of 92 · 2025 · the figure and its source →

Take-home pay

$30,133 PPP

The average job in Colombia pays about $30,133 a year (PPP) after income tax and the employee's social contributions.

33 of 37 · 2024 · the figure and its source →

Minimum wage

$843 PPP/mo

The law in Colombia sets the floor at about $843 a month, measured in dollars adjusted for what they buy locally.

29 of 85 · 2024 · the figure and its source →

Tax on pay1 / 37

What does borrowing actually cost here?

House price growth

6.98 %

Real house prices in Colombia rose 7.0 % over the past year — beyond general inflation.

42 of 54 · 2026-Q1 · the figure and its source →

House price growth42 / 54

Does money in the bank keep its value?

Savings vs inflation

3.82 %

A bank account in Colombia currently gains about 3.8 pp of purchasing power a year.

13 of 69 · 2025 · the figure and its source →

Deposit rate

8.96 %

16 of 70 · 2025 · the figure and its source →

Inflation rate

5.14 %

At 5.1 % a year, prices double in about 14 years if it holds.

86 of 123 · 2025 · the figure and its source →

Savings vs inflation13 / 69

Average annual salary

$30,133 PPP

the 2nd lowest of 37

Corporate tax

35.00 %

ranked 93rd of 96

Public holidays

19 days

ranked 6th of 104

Retirement age (women)

57 years

ranked 4th of 49

Take-home pay

$30,133 PPP

ranked 33rd of 37

Retirement age (men)

62 years

ranked 7th of 49

Where Colombia sits, field by field

Each dot is Colombia’s position among every country that publishes that field. Sorted by distance from the middle, so what is unusual about the country comes first.

  1. Tax on pay0.00 %1 of 37
  2. Real policy rate6.86 %2 of 53
  3. Average annual salary$30,133 PPP36 of 37
  4. Corporate tax35.00 %93 of 96
  5. Public holidays19 days6 of 104
  6. Retirement age (women)57 years4 of 49
  7. Take-home pay$30,133 PPP33 of 37
  8. Retirement age (men)62 years7 of 49
  9. Savings vs inflation3.82 %13 of 69
  10. Deposit rate8.96 %16 of 70
  11. House price growth6.98 %42 of 54
  12. Top income tax39.00 %10 of 37
  13. Unemployment rate8.29 %92 of 124
  14. Lending rate14.31 %47 of 67
  15. Inflation rate5.14 %86 of 123
  16. Price level38 % of US prices41 of 125
  17. Median salary$901 PPP/mo53 of 78
  18. Average monthly salary$1,214 PPP/mo62 of 92
  19. Minimum wage$843 PPP/mo29 of 85
  20. Money's value28.20 %74 of 116
  21. GDP per capita$8,56275 of 127
  22. Government debt59.90 %70 of 124
  23. GDP growth2.64 %71 of 127
  24. Debt per person$5,12865 of 123
  25. Bank spread5.35 %32 of 62

The money journey · average earner

Gross pay, average job · official$30,133Income tax + employee contributions · our calculation$30,133One year of inflation, held as cash · our calculation$28,585−$1,549
All figures in PPP dollars — what money buys locally (why that matters). The tax step is the OECD net personal rate for a single average earner — deliberately not the tax wedge (the difference). The last bar holds the year's take-home as cash; a deposit account would blunt, not erase, the inflation slice. Housing and daily costs are not subtracted — no official cross-country source exists, and this journey never estimates.

Financially nearest · computed, not curated

Dominican Republic

avg gap 10.6 pp · 17 shared fields

Most separates them: public holidays 19 days (Colombia) vs 13 days

South Africa

avg gap 14.6 pp · 19 shared fields

Most separates them: public holidays 19 days (Colombia) vs 12 days

Armenia

avg gap 16.6 pp · 17 shared fields

Most separates them: corporate tax 35.00 % (Colombia) vs 18.00 %

Brazil

avg gap 17.9 pp · 21 shared fields

Most separates them: bank spread 5.35 % (Colombia) vs 37.63 %

Where Colombia is unremarkable
Savings vs inflation3.82 %ranked 13th of 69
Deposit rate8.96 %ranked 16th of 70
House price growth6.98 %ranked 42nd of 54
Top income tax39.00 %ranked 10th of 37
Unemployment rate8.29 %ranked 92nd of 124
Lending rate14.31 %ranked 47th of 67
Inflation rate5.14 %ranked 86th of 123
Price level38 % of US pricesranked 41st of 125
Median salary$901 PPP/moranked 53rd of 78
Average monthly salary$1,214 PPP/moranked 62nd of 92
Minimum wage$843 PPP/moranked 29th of 85
Money's value28.20 %ranked 74th of 116
GDP per capita$8,562ranked 75th of 127
Government debt59.90 %ranked 70th of 124
GDP growth2.64 %ranked 71st of 127
Debt per person$5,128ranked 65th of 123
Bank spread5.35 %ranked 32nd of 62

25 fields published for Colombia, every one dated and sourced · 10 not published yet

Awaiting an official source for Colombia: mortgage rate, house price growth since 2015, rent, petrol, electricity, tax wedge, minimum wage, median income, vat, currency.

Sources for all 25 figures
What would a loan cost here?Taxes in ColombiaWhat each kind of work earns3.1×

What changed

6 Sept 2026Government debt per person (USD)6096 → 5128
6 Sept 2026Government debt (% of GDP)71.1965371181288 → 59.9
8 Aug 2026Real interest rate (policy − CPI)6.11 → 6.86
8 Aug 2026Policy rate11.25 → 12
31 Jul 2026House price growth (real, y/y)7.2007 → 6.9844