Colombia Confirms Minimum Salary for 2026
The minimum salary in Colombia for 2026 has been officially confirmed by the national government, marking one of the most significant statutory wage increases in recent years. After the failure of negotiations between unions, employers, and the executive branch, the adjustment was enacted directly by decree.
This increase represents the largest minimum salary adjustment in Colombia’s recent history. Authorities estimate that approximately 2.4 million workers earning the statutory minimum will benefit directly. For employers, the decision brings immediate payroll, social security, and cost-planning implications starting January 1, 2026.
✔️ Minimum Salary: Set at COP 1,750,905 for 2026, plus a transport allowance of COP 249,095, totaling COP 2,000,000 per month.
✔️ Historic Increase: Represents an adjustment of approximately 23%, the highest in recent Colombian history.
✔️ Employer Impact: Payroll, social security contributions, and wage-indexed costs must be updated as of January 1, 2026.
Updated Minimum Salary – Colombia 2026
On December 29, 2025, the Colombian government enacted Decree 1,469 of 2025, confirming the new statutory minimum salary after the failure of tripartite negotiations. The revised detail wage include:
Minimum Salary: COP 1,750,905
Transportation Allowance: COP 249,095
Total Monthly Income: COP 2,000,000
This represents an increase of approximately 23% compared to 2025, the highest adjustment in recent Colombian history. Employers must update payroll systems immediately to remain compliant.
UVT (Tax Value Unit) Update for 2026
DIAN has set the UVT for 2026 at COP 52.374, impacting tax deduction limits.
Streamline Your Expansion with EOR Services in LATAM
Expand across Latin America effortlessly with our Employer of Record (EOR) services. We handle compliance, payroll, and employee management, ensuring smooth operations while you focus on growing your business.
Related topics
Need Support?
For detailed guidance on implementing these updates, feel free to contact our experts or visit our Colombia Guide.
Navigating statutory wage changes and Colombia’s complex tax calendar requires local expertise. Europortage supports companies with payroll processing, labor compliance, and tax coordination across Colombia.
Our team ensures salary updates, social contributions, and tax obligations are applied correctly and on time.
Contact Europortage to prepare your payroll and compliance strategy for Colombia in 2026.
Get expert help hiring in Latin America
Have questions? We’d love to talk to you.
With Europortage, you’ll get access to:
- Compliant employment for remote teams in Latin America
- Seamless onboarding, payroll, and benefits
- Real-time, localized support from a team of experts.