Greece
Latest Average Wage
−0.3% · 5 years
$32,412
Country Comparison
Greece vs Colombia
Compare average wages, long-term wage changes and eight consumer price categories using OECD data.
At a Glance
Greece
vs
Colombia
$32,4122025
Latest Average Wage
Greece +7.6%
(vs Colombia)
$30,1332024
−0.3%2025
5-Year Wage Change
Greece +3.5 pts
(vs Colombia)
−3.9%2024
−6.0%2025
10-Year Wage Change
Colombia +8.4 pts
(vs Greece)
+2.4%2024
54.72024
Overall Price Level
Greece +22.1 index points
(vs Colombia)
32.62024
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
Colombia
Latest Average Wage
−3.9% · 5 years
$30,133
Wage Milestones
Greece
10 Years Ago
$34,495 (2015)
Historical Peak
$44,174 (2009)
Latest Wage
$32,412 (2025)
Colombia
10 Years Ago
$29,443 (2014)
Historical Peak
$35,659 (2020)
Latest Wage
$30,133 (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
Greece (GRC)Colombia (COL)
Overall
+22.1 index points
100
54.7vs32.6
Food
+25.7 index points
100
91.1vs65.4
Clothing
+20.5 index points
100
80.9vs60.4
Housing
+14.1 index points
100
40.7vs26.6
Health
+19.5 index points
100
38.1vs18.6
Transport
+43.6 index points
100
93.4vs49.8
Recreation
+18.7 index points
100
66.5vs47.8
Restaurants & Accommodation
+30.8 index points
100
71.3vs40.5
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 — a relative difference calculated from the two reported values. In annual terms the gap comes to about $2,279 on the same PPP 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 — Greece at −0.3% and Colombia at −3.9% — 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: 93.4 for Greece against 49.8 for Colombia. Measured on the US=100 scale, the two readings for this category are 43.6 index points apart, Greece above Colombia. Index points are not percentages; the two scales answer different questions.
04
Closest Price Category
The closest category is Housing: Greece reads 40.7 and Colombia 26.6 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. Because both values already sit on the same USD PPP, constant-2025-price footing, the comparison adjusts for price-level differences between the two economies. The reference years differ — 2025 for Greece and 2024 for Colombia — so part of the gap reflects timing rather than level, and the two records are kept separate. Over ten years Greece recorded −6.0% against Colombia's +2.4%, 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. Greece continues to drift below its peak, with a one-year change of −0.3% and a five-year change of −0.3%. Colombia is partway through a recovery: the latest year added +1.9%, though the level remains 15.5% below its peak. 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
Greece's overall consumer price level for 2024 reads 54.7, and Colombia's reads 32.6, 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: 93.4 for Greece against 49.8 for Colombia, a gap of 43.6 index points. At the other end, Housing brings the two closest — 40.7 versus 26.6, a gap of just 14.1 index points. Relative to the US benchmark, Greece reads above 100 in 0 of its 8 reported categories, and Colombia in 0 of its 8.
Wage and price data should not be combined into a verdict on which country is better to live in.
