To reach 2 million pesos in 2027, Colombia's minimum wage would have to rise 14.23%

FinanceColombiaEl TiempoOct 27, 2026, 10:59 PM35 s readAI summary

Colombia's current monthly legal minimum wage for 2026 is 1,750,905 pesos excluding transport allowance, according to Decree 1469 of 2025. For that pay to reach 2,000,000 pesos in 2027 it would have to increase by 249,095 pesos, or 14.23%, in a hypothetical scenario rather than an approved percentage. The adjustment debate takes place with annual inflation at 6.29% in September 2026 and under the framework of Law 278 of 1996.

In 35 seconds

The 2026 minimum wage is 1,750,905 pesos excluding transport allowance, per Decree 1469 of 2025.
Reaching 2,000,000 pesos in 2027 would require a 249,095-peso increase, equivalent to 14.23%.
The calculation is hypothetical and does not correspond to an approved percentage for next year.

Read the full story at El Tiempo

IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.

salario mínimo
inflación
Dane
empleo
Colombia

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To reach 2 million pesos in 2027, Colombia's minimum wage would have to rise 14.23%

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day