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A budget officer is responsible for managing an organization's financial resources and ensuring that budgets are created and adhered to. They analyze financial data, monitor spending patterns, and make recommendations for cost-saving measures. Budget officers collaborate with department heads to develop realistic budgets and assist in the preparation of financial reports. They also play a crucial role in forecasting future financial needs and identifying potential risks or opportunities.
Estimated Yearly Salary: 48,083,991 COP
Estimated Monthly Salary: 4,006,999 COP
Estimated Weekly Salary: 924,692 COP per week
Estimated Hourly Salary: 23,117 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: 2024-01-02
Estimated Yearly Salary: 10,630 USD
Estimated Monthly Salary: 886 USD
Estimated Weekly Salary: 204 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 48,083,991 COP
Estimated Monthly Salary: 4,006,999 COP
Estimated Weekly Salary: 924,692 COP per week
Estimated Hourly Salary: 23,117 COP per hour
By working as Budget Officer a person can save up to 625 USD per month or 7,505 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 Budget Officer
Last revision of data: 2025-01-04
Data as of 2025
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Budget Officer salary in Colombia
Average Yearly Salary of Budget Officer in Colombia is approximately 48,083,991 COP (10,630 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 Budget Officer do?
A budget officer is responsible for managing an organization's financial resources and ensuring that budgets are created and adhered to. They analyze financial data, monitor spending patterns, and make recommendations for cost-saving measures. Budget officers collaborate with department heads to develop realistic budgets and assist in the preparation of financial reports. They also play a crucial role in forecasting future financial needs and identifying potential risks or opportunities.
Skills: Budget management, Financial analysis, Cost-saving strategies, Financial reporting, Forecasting, Risk assessment
Job industry: Finance
Job industry: Finance
How much does Budget Officer make?
Salary details
How much does Budget Officer make?Estimated Yearly Salary: 48,083,991 COP
Estimated Monthly Salary: 4,006,999 COP
Estimated Weekly Salary: 924,692 COP per week
Estimated Hourly Salary: 23,117 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing 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
Last revision of data: 2024-01-02Budget Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,630 USD
Estimated Monthly Salary: 886 USD
Estimated Weekly Salary: 204 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Budget Officer job salary compared to average salary in Colombia.
Comparison shows that a person working as Budget Officer 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 Budget Officer job salary compared to average salary in Colombia.
Comparison shows that a person working as Budget Officer in Colombia earns on average:
1.78 times the average salary (or 178% of average salary).
Is Budget Officer a well paid job?
Yes, our data shows that Budget Officer 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 Budget Officer?
High salary for Budget Officer would be somewhere between 52,892,390 COP and 69,721,787 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Budget Officer 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: 48,083,991 COP
Estimated Monthly Salary: 4,006,999 COP
Estimated Weekly Salary: 924,692 COP per week
Estimated Hourly Salary: 23,117 COP per hour
By working as Budget Officer a person can save up to 625 USD per month or 7,505 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 Budget Officer
Ecuador is 10,342 USD
Brazil is 13,332 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(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.)
Data as of 2025Random salary:
Landscape manager (22,146,162 COP per year, pre-tax.)
Painting supervisor (25,275,978 COP per year, pre-tax.)
Technical editor (33,946,786 COP per year, pre-tax.)
Litigation paralegal (24,289,811 COP per year, pre-tax.)
Travel writer (23,718,060 COP per year, pre-tax.)
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