Colombia
Latest Average Wage
−3.9% · 5 years
$30,133
Country Comparison
Colombia vs Greece
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
At a Glance
Colombia
vs
Greece
$30,1332024
Latest Average Wage
Greece +7.6%
(vs Colombia)
$32,4122025
−3.9%2024
5-Year Wage Change
Greece +3.5 pts
(vs Colombia)
−0.3%2025
+2.4%2024
10-Year Wage Change
Colombia +8.4 pts
(vs Greece)
−6.0%2025
32.62024
Overall Price Level
Greece +22.1 index points
(vs Colombia)
54.72024
Wages are PPP-adjusted average annual wages; price levels use the United States reference of 100. Years shown are each country's latest reported observation.
How Wages Have Changed
Follow PPP-adjusted average annual wages in constant prices across both economies.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Greece
Latest Average Wage
−0.3% · 5 years
$32,412
Wage Milestones
Colombia
10 Years Ago
$29,443 (2014)
Historical Peak
$35,659 (2020)
Latest Wage
$30,133 (2024)
Greece
10 Years Ago
$34,495 (2015)
Historical Peak
$44,174 (2009)
Latest Wage
$32,412 (2025)
Compare Everyday Price Levels
See how eight consumer price categories compare with the United States reference value of 100.
United States = 100 · Differences shown in index points
Colombia (COL)Greece (GRC)
Overall
−22.1 index points
100
32.6vs54.7
Food
−25.7 index points
100
65.4vs91.1
Clothing
−20.5 index points
100
60.4vs80.9
Housing
−14.1 index points
100
26.6vs40.7
Health
−19.5 index points
100
18.6vs38.1
Transport
−43.6 index points
100
49.8vs93.4
Recreation
−18.7 index points
100
47.8vs66.5
Restaurants & Accommodation
−30.8 index points
100
40.5vs71.3
What Stands Out
01
Latest Wage Gap
Greece's latest average wage is $32,412 for 2025, about 7.6% higher than Colombia's $30,133 for 2024 — computed straight from the two reported values. Per year, that works out to roughly $2,279 on the shared purchasing-power basis. The two figures come from different reference years.
02
Stronger Recent Trend
On the latest one-year change, Colombia shows the stronger movement at +1.9%, against −0.3% for Greece. The five-year horizon reverses the ordering — Colombia at −3.9% and Greece at −0.3% — so the latest year is not the whole story. Both percentages are real, PPP-adjusted changes from the reported wage series.
03
Largest Price Gap
Transport shows the widest price gap of the comparable categories in 2024: 49.8 for Colombia against 93.4 for Greece. Greece sits on the higher side of that 43.6-point spread; Colombia reads 43.6 index points lower on the US=100 scale. Index points are not percentages; the two scales answer different questions.
04
Closest Price Category
The closest category is Housing: Colombia reads 26.6 and Greece 40.7 for 2024, just 14.1 index points apart on the US=100 scale. The next closest is Recreation at 18.7 index points apart. Two readings this close mean the category sits at nearly the same point of the US=100 scale for both.
Understanding the Comparison
Wage Position
Greece's latest PPP-adjusted average wage is $32,412 for 2025, moderately higher than Colombia's $30,133 for 2024. In relative terms the gap is 7.6% — calculated from the two reported values — equivalent to about $2,279 a year on the same purchasing-power basis. No extra conversion is needed here: each figure is already a purchasing-power-adjusted annual amount in constant prices. The reference years differ — 2024 for Colombia and 2025 for Greece — so part of the gap reflects timing rather than level, and the two records are kept separate. Over ten years Colombia recorded +2.4% against Greece's −6.0%, so the current levels were reached on visibly different long-term paths.
Wage Direction
Both wage series decline over the five-year horizon, though not at the same pace. Colombia is partway through a recovery: the latest year added +1.9%, though the level remains 15.5% below its peak. Greece continues to drift below its peak, with a one-year change of −0.3% and a five-year change of −0.3%. The shared direction still leaves room for different speeds: −3.9% for Colombia against −0.3% for Greece, so the distance between the two levels keeps shifting. All changes here are measured in real, PPP-adjusted terms, so they describe purchasing-power movement rather than nominal pay increases.
Price Profile
Colombia's overall consumer price level for 2024 reads 32.6, and Greece's reads 54.7, each measured against the United States reference of 100. Greece reads higher in 8 of the 8 comparable categories, so the price profile leans consistently to one side. The widest separation is in Transport: 49.8 for Colombia against 93.4 for Greece, a gap of 43.6 index points. At the other end, Housing brings the two closest — 26.6 versus 40.7, a gap of just 14.1 index points. Relative to the US benchmark, Colombia reads above 100 in 0 of its 8 reported categories, and Greece in 0 of its 8.
Wage and price data should not be combined into a verdict on which country is better to live in.
