🇨🇴 South America

Colombia

Salary, tax, minimum wage and employer cost data.

CurrencyCOP (COP)
VAT19%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate8.0%
Employer rate21.0%

Minimum wage in Colombia

Monthly grossCOP 1,300,000
Monthly net (est.)COP 1,196,000
Hourly grossCOP 7,392.00
Annual grossCOP 15,600,000
Annual net (est.)COP 14,352,000

Average salary

Gross annualCOP 42,000,000
Net monthlyCOP 3,000,000

Tax brackets

0% up to 1,090 UVT
19% to 39% progressive

Calculate salary in Colombia

Salaries by profession in Colombia

Cities in Colombia

BogotaRent ~$380/mo68/100 Average

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