During December, Colombian residents are not only attentive to the Christmas holidays, but also to the update of the legal minimum wage by 2025. In this context, It is important to know how this amount evolved from 1987 to 2024.
In information recorded by the Labor Observatory for Education, it has been possible to know the remuneration values for workers on Colombian soil.
(See more: What is the ugliest Colombian accent, according to artificial intelligence?)
In this scenario, it can be noted that the amount that people received for the provision of their services was $20,510.00.. In that year there was a variation of 22% compared to the previous year and that was approved by National Decree 3732 of December 1986.
How was the evolution of the minimum wage in the following years?
The variation in the amount of the minimum wage since 1987.
iStock
Below we indicate what the salary value was from 1987 to date:
-1988: $25,637.
-1989: $32,560.
-1990: $41,025.
-1991: $51,720.
-1992: $65,190.
-1993: $81,510.
-1994: $98,700.
(See more: How do you know if you have money in Colpensiones?)
-1995: $118,934.
-1996: $142,125.
-1997: $172,005.
-1998: $203,826.
-1999: $236,460.
-2000: $260,100.
-2001: $286,000.
-2002: $309,000.
-2003: $332,000.
-2004: $358,000.
-2005: $381,000.
(See more: The countries with the largest gold reserves in Latin America: does Colombia appear?)
-2006: $408,000.
-2007: $433,700.
-2008: $461,500.
-2009: $496,900.
-2010: $515,000.
-2011: $535,600.
-2012: $566,700.
-2013: $589,500.
-2014: $616,000.
-2015: $644,350.
-2016: $689,455.
-2017: $737,717.
-2018: $781,242.
-2019: $828,116.
-2020: $877,803.
-2021: $908,526.
-2022: $1,000,000.
-2023: $1,160,000.
-2024: $1,300,000.
