Country Comparison

Türkiye vs Colombia

Compare average wages, long-term wage changes and eight consumer price categories using OECD data.

At a Glance

Türkiye flagTürkiye

vs

ColombiaColombia flag

$57,2752024

Latest Average Wage

Türkiye +90.1%

(vs Colombia)

$30,1332024
+61.0%2024

5-Year Wage Change

Türkiye +64.9 pts

(vs Colombia)

−3.9%2024
+96.2%2024

10-Year Wage Change

Türkiye +93.8 pts

(vs Colombia)

+2.4%2024
322024

Overall Price Level

Colombia +0.6 index points

(vs Türkiye)

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.

$27k$35k$43k$51k$60k20142015201620172018201920202021202220232024

USD PPP, constant prices · missing years shown as gaps, never interpolated

Türkiye flag

Türkiye

Latest Average Wage

+61.0% · 5 years

$57,275

Colombia flag

Colombia

Latest Average Wage

−3.9% · 5 years

$30,133

Wage Milestones

Türkiye flagTürkiye

10 Years Ago

$29,200 (2014)

Historical Peak

$57,275 (2024)

Latest Wage

$57,275 (2024)

1Y +19.0% · 5Y +61.0% · At the historical peak

Colombia flagColombia

10 Years Ago

$29,443 (2014)

Historical Peak

$35,659 (2020)

Latest Wage

$30,133 (2024)

1Y +1.9% · 5Y −3.9% · From Peak −15.5%

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

Türkiye (TUR)Colombia (COL)

Overall

−0.6 index points

100
32vs32.6

Food

−1.4 index points

100
64vs65.4

Clothing

+3.1 index points

100
63.5vs60.4

Housing

−9.8 index points

100
16.8vs26.6

Health

−4.1 index points

100
14.5vs18.6

Transport

+30.1 index points

100
79.9vs49.8

Recreation

+5.3 index points

100
53.1vs47.8

Restaurants & Accommodation

+14.6 index points

100
55.1vs40.5

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 — computed straight from the two reported values. 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: 79.9 for Türkiye against 49.8 for Colombia. Türkiye sits on the higher side of that 30.1-point spread; Colombia reads 30.1 index points lower on the US=100 scale. The gap is stated in index points, which are not interchangeable with percentages.

04

Closest Price Category

The closest category is Overall: Türkiye reads 32 and Colombia 32.6 for 2024, just 0.6 index points apart on the US=100 scale. The next closest is Food at 1.4 index points apart. A gap this small leaves the category effectively tied on the shared US=100 scale.

Understanding the Comparison

Wage Position illustration

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 Türkiye recorded +96.2% and Colombia +2.4%, so the two series have been moving in the same long-term direction.

Wage Direction illustration

Wage Direction

The two wage series are currently moving in opposite directions, and the separation between them is growing. 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%. Colombia is partway through a recovery: the latest year added +1.9%, though the level remains 15.5% below its peak. 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 illustration

Price Profile

Türkiye's overall consumer price level for 2024 reads 32, and Colombia's reads 32.6, each measured against the United States reference of 100. Neither country is uniformly higher: Türkiye leads in 4 of the 8 comparable categories and Colombia in 4, so the profile splits by category rather than by country. Transport separates the two most: Türkiye reads 79.9 and Colombia 49.8, 30.1 index points apart. The two sit closest in Overall (32 versus 32.6), only 0.6 index points apart. Counted against the US reference of 100, 0 of Türkiye's 8 reported categories sit above the line, against 0 of Colombia's 8.

Wage and price data should not be combined into a verdict on which country is better to live in.

Average wages are PPP-adjusted and expressed in constant prices. Consumer price levels use the United States as the reference value of 100.