Colombia’s national unemployment rate in July 2025 stood at 8.8%, down from 9.9% a year earlier and the lowest for a July in the past 24 years. Employment remained at high levels, driven by wage jobs in private companies. The sectors that generated the most jobs were Accommodation and Food Services, and Transportation.

Poverty stood at 31.8% in 2024, down from 34.6% in 2023 – a reduction of 2.8 percentage points. This means 1.3 million people exited poverty between 2023 and 2024. Overall, between 2012 and 2024, poverty decreased by 9.2 pp, falling from 41% to 31.8%.