COLOMBIA
THE OFFICIAL SALARY IN COLOMBIA IN 2024:Average salary – 1,393,150 Colombian pesos per month ($360) Minimum wage – 1,300,000 Colombian pesos per month ($335) Source: Government of Colombia and international recruitment agencies Colombia is located in the northwest of South America, with territories in Central America. It shares borders with Brazil and Venezuela in the east, with Ecuador and Peru in the south and with Panama in the west. It is bounded by the Caribbean Sea in the north and the Pacific Ocean in the west. |
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INFORMATION ABOUT COLOMBIA (2024)Â | |
Population | 52.3 million |
Average life expectancy | 77 years |
Unemployment rate | 11.3% |
Inflation | 7.2% |
Area | 1,142,000 km² |
Form of government | Presidential constitutional republic |
Income tax | 0–33% |
Capital | Bogotá |
Currency | Peso |
Official Language | Spanish, English |
Doing Business rank | 67 |