Wage bill as a percentage of GDP in Colombia

Colombia: Wage bill as a percentage of GDP was 5.4% in 2022. β–Ό Falling

Latest (2022)
5.4%
Change on year
unchanged
World rank
144th
of 190 countries
All-time high
6.7%
in 2002
All-time low
5.1%
in 2019
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Colombia, 2000–2022

02462000201120222000: 6.12001: 6.32002: 6.72003: 6.22004: 5.82005: 5.72006: 5.82007: 5.72008: 5.72009: 5.92010: 5.82011: 5.32012: 5.22013: 5.22014: 5.22015: 5.42016: 5.62017: 5.42018: 5.42019: 5.12020: 5.42021: 5.42022: 5.4

Source: World Bank.

Analysis

In 2022, wage bill as a percentage of gdp in Colombia stood at 5.4%.

The figure is up 3.0% over ten years.

Over the whole period, wage bill as a percentage of gdp in Colombia peaked at 6.7% in 2002 and was at its lowest, 5.1%, in 2019.

That places Colombia 144th out of 190 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.0% 5.7% 6.7% 10
2010s 5.4% 5.1% 5.8% 10
2020s 5.4% 5.4% 5.4% 3

Countries ranked near Colombia

  1. 141 Papua New Guinea 5.5% compare
  2. 142 Jordan 5.5% compare
  3. 143 Armenia 5.4% compare
  4. 145 Japan 5.3% compare
  5. 146 Malaysia 5.3% compare
  6. 147 Indonesia 5.2% compare

See the full ranking of 190 places β†’

More reference data data for Colombia

All data for Colombia β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Colombia?
Wage bill as a percentage of gdp in Colombia was 5.4% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Colombia?
The highest recorded value was 6.7% in 2002.
What is the lowest wage bill as a percentage of gdp recorded in Colombia?
The lowest recorded value was 5.1% in 2019.
How does Colombia rank for wage bill as a percentage of gdp?
Colombia ranks 144th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Colombia?
Over the last ten years it is up 3.0%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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Wage bill as a percentage of GDP in Colombia. Statizoid. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/colombia/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed