Home > Salary > Colombia > Arbitrator
An arbitrator is a professional who facilitates the resolution of disputes between two or more parties. They act as neutral third parties and help the involved parties reach a mutually agreeable solution without going to court. Arbitrators are commonly used in legal, business, labor, and commercial disputes. Their primary role is to listen to both sides of the argument, review evidence, and make a decision that is legally binding or enforceable. They may conduct hearings, gather information, analyze facts, and apply relevant laws or regulations to render a fair judgment. Excellent communication, negotiation, and analytical skills are crucial for arbitrators to effectively mediate conflicts and maintain impartiality.
Estimated Yearly Salary: 47,992,743 COP
Estimated Monthly Salary: 3,999,395 COP
Estimated Weekly Salary: 922,937 COP per week
Estimated Hourly Salary: 23,073 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,869,521 COP
Estimated Weekly Salary: 892,966 COP per week
Estimated Hourly Salary: 22,324 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 10,671 USD
Estimated Monthly Salary: 889 USD
Estimated Weekly Salary: 205 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 47,992,743 COP
Estimated Monthly Salary: 3,999,395 COP
Estimated Weekly Salary: 922,937 COP per week
Estimated Hourly Salary: 23,073 COP per hour
By working as Arbitrator a person can save up to 629 USD per month or 7,546 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Arbitrator
Last revision of data: 2025-01-04
Data as of 2025
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Arbitrator salary in Colombia
Average Yearly Salary of Arbitrator in Colombia is approximately 47,992,743 COP (10,671 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Arbitrator do?

Skills: Arbitration, Mediation, Dispute Resolution, Legal, Negotiation, Impartiality
Job industry: Legal
Job industry: Legal
How much does Arbitrator make?
Salary details
How much does Arbitrator make?Estimated Yearly Salary: 47,992,743 COP
Estimated Monthly Salary: 3,999,395 COP
Estimated Weekly Salary: 922,937 COP per week
Estimated Hourly Salary: 23,073 COP per hour
Comparing salary to last year:
Estimated Yearly Salary: 46,434,257 COPEstimated Monthly Salary: 3,869,521 COP
Estimated Weekly Salary: 892,966 COP per week
Estimated Hourly Salary: 22,324 COP per hour
Arbitrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,671 USD
Estimated Monthly Salary: 889 USD
Estimated Weekly Salary: 205 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Arbitrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Arbitrator in Colombia earns on average:
1.78 times the average salary (or 178% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Arbitrator job salary compared to average salary in Colombia.
Comparison shows that a person working as Arbitrator in Colombia earns on average:
1.78 times the average salary (or 178% of average salary).
Is Arbitrator a well paid job?
Yes, our data shows that Arbitrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Arbitrator?
High salary for Arbitrator would be somewhere between 52,792,017 COP and 69,589,477 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Arbitrator in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 47,992,743 COP
Estimated Monthly Salary: 3,999,395 COP
Estimated Weekly Salary: 922,937 COP per week
Estimated Hourly Salary: 23,073 COP per hour
By working as Arbitrator a person can save up to 629 USD per month or 7,546 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Arbitrator
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
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(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Random salary:
Chief procurement officer (99,272,461 COP per year, pre-tax.)
Maintenance machinist (21,670,608 COP per year, pre-tax.)
Art drama or music teacher postsecondary (27,858,749 COP per year, pre-tax.)
Client services director (38,578,365 COP per year, pre-tax.)
Voice-over talent (25,957,906 COP per year, pre-tax.)
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