Metric🇨🇦 Canada🇨🇴 Colombia
CurrencyCADCOP
Avg gross/yearC$ 61,000COP 42,000,000
Avg net/monthC$ 3,730COP 3,000,000
Min wage gross/moC$ 2,836COP 1,300,000
Employee rate7.5%8.0%
Employer rate8.0%21.0%
Avg tax rate18.0%8.0%
Total deductions26%16%