Colombia
Latest Average Wage
−3.9% · 5 years
$30,133
Country Comparison
Colombia vs Türkiye
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
At a Glance
Colombia
vs
Türkiye
$30,1332024
Latest Average Wage
Türkiye +90.1%
(vs Colombia)
$57,2752024
−3.9%2024
5-Year Wage Change
Türkiye +64.9 pts
(vs Colombia)
+61.0%2024
+2.4%2024
10-Year Wage Change
Türkiye +93.8 pts
(vs Colombia)
+96.2%2024
32.62024
Overall Price Level
Colombia +0.6 index points
(vs Türkiye)
322024
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
Türkiye
Latest Average Wage
+61.0% · 5 years
$57,275
Wage Milestones
Colombia
10 Years Ago
$29,443 (2014)
Historical Peak
$35,659 (2020)
Latest Wage
$30,133 (2024)
Türkiye
10 Years Ago
$29,200 (2014)
Historical Peak
$57,275 (2024)
Latest Wage
$57,275 (2024)
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)Türkiye (TUR)
Overall
+0.6 index points
100
32.6vs32
Food
+1.4 index points
100
65.4vs64
Clothing
−3.1 index points
100
60.4vs63.5
Housing
+9.8 index points
100
26.6vs16.8
Health
+4.1 index points
100
18.6vs14.5
Transport
−30.1 index points
100
49.8vs79.9
Recreation
−5.3 index points
100
47.8vs53.1
Restaurants & Accommodation
−14.6 index points
100
40.5vs55.1
What Stands Out
01
Latest Wage Gap
Türkiye's latest average wage is $57,275 for 2024, about 90.1% higher than Colombia's $30,133 for 2024 — a percentage worked out directly from the two reported figures. Per year, that works out to roughly $27,142 on the shared purchasing-power basis.
02
Stronger Recent Trend
On the latest one-year change, Türkiye shows the stronger movement at +19.0%, against +1.9% for Colombia. The five-year horizon keeps the same ordering: +61.0% against −3.9%. 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 79.9 for Türkiye. That is a separation of 30.1 index points on the US=100 scale, with Türkiye on the higher side and Colombia on the lower one. The gap is stated in index points, which are not interchangeable with percentages.
04
Closest Price Category
The closest category is Overall: Colombia reads 32.6 and Türkiye 32 for 2024, just 0.6 index points apart on the US=100 scale. The next closest is Food at 1.4 index points apart. Closeness here describes the index readings only, not the baskets behind them.
Understanding the Comparison
Wage Position
The wage levels in this pairing are far apart: Türkiye reports $57,275 for 2024, while Colombia reports $30,133 for 2024. The higher figure exceeds the lower one by 90.1% in relative terms — a percentage calculated from the two reported values — or roughly $27,142 a year. No extra conversion is needed here: each figure is already a purchasing-power-adjusted annual amount in constant prices. For scale, neither series has moved by that much within any single reported year, so the gap is structural rather than the product of one unusual observation. Over ten years Colombia recorded +2.4% and Türkiye +96.2%, so the two series have been moving in the same long-term direction.
Wage Direction
The two wage series are currently moving in opposite directions, and the separation between them is growing. Colombia is partway through a recovery: the latest year added +1.9%, though the level remains 15.5% below its peak. Türkiye sits at the highest point of its series — $57,275 in 2024 is also the historical peak, with a ten-year change of +96.2%. Türkiye is the side gaining in real terms (+61.0% over five years), while Colombia records −3.9%, so the five-year measures point away from each other instead of converging. Each percentage is a real, PPP-adjusted change; nominal pay movements are outside what this dataset reports.
Price Profile
Colombia's overall consumer price level for 2024 reads 32.6, and Türkiye's reads 32, each measured against the United States reference of 100. Neither country is uniformly higher: Colombia leads in 4 of the 8 comparable categories and Türkiye in 4, so the profile splits by category rather than by country. Transport separates the two most: Colombia reads 49.8 and Türkiye 79.9, 30.1 index points apart. The two sit closest in Overall (32.6 versus 32), only 0.6 index points apart. Counted against the US reference of 100, 0 of Colombia's 8 reported categories sit above the line, against 0 of Türkiye's 8.
Wage and price data should not be combined into a verdict on which country is better to live in.
