The minimum wage has been revised in Colombia with effect from 01 January 2024. The national minimum wage has increased from COP1,160,000.00 to COP1,300,000.00 per month. The transportation allowance has also increased from COP140,606.00 to COP162,000.00 per month.
For more information on changes, please refer to the minimum wage pages:
https://tusalario.org/colombia/tusalario/salario-minimo
https://wageindicator.org/salary/minimum-wage/colombia
Note: This minimum wage increase might not reflect the inflationary trends.