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Rate Analyst salary in Colombia

Average Yearly Salary of Rate Analyst in Colombia is approximately 33,115,846 COP (7,319 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 Rate Analyst do?

occupation personasA rate analyst is responsible for analyzing and evaluating rates in various industries, such as finance, insurance, or telecommunications. They gather data on pricing structures, market trends, and competition to determine the most appropriate rates for products or services. Rate analysts conduct extensive research, using mathematical models and statistical analysis, to assess the profitability and competitiveness of different pricing strategies. They also monitor market conditions and economic factors that may impact pricing decisions. Additionally, rate analysts collaborate with other departments, such as sales or marketing, to develop pricing strategies that align with business goals and objectives. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for success in this role.

Skills: Rate Analyst, Pricing Analyst, Market Research, Financial Analysis, Statistical Modeling, Competitive Analysis.
Job industry: Finance


How much does Rate Analyst make?

Salary details
How much does Rate Analyst make?
Estimated Yearly Salary: 33,115,846 COP
Estimated Monthly Salary: 2,759,654 COP
Estimated Weekly Salary: 636,843 COP per week
Estimated Hourly Salary: 15,921 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 32,024,248 COP
Estimated Monthly Salary: 2,668,687 COP
Estimated Weekly Salary: 615,851 COP per week
Estimated Hourly Salary: 15,396 COP per hour
Last revision of data: 2024-01-02



Rate Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 7,319 USD
Estimated Monthly Salary: 610 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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.

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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 Rate Analyst job salary compared to average salary in Colombia.
Comparison shows that a person working as Rate Analyst in Colombia earns on average:
1.23 times the average salary (or 123% of average salary).

Is Rate Analyst a well paid job?

Yes, our data shows that Rate Analyst 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 Rate Analyst?

High salary for Rate Analyst would be somewhere between 36,427,431 COP and 48,017,977 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Rate Analyst 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: 33,115,846 COP
Estimated Monthly Salary: 2,759,654 COP
Estimated Weekly Salary: 636,843 COP per week
Estimated Hourly Salary: 15,921 COP per hour
By working as Rate Analyst a person can save up to 350 USD per month or 4,194 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 Rate Analyst

Ecuador is 7,129 USDdown arrow 3%
Details on Rate Analyst salary in Ecuador
Brazil is 9,149 USDup arrow 25%
Details on Rate Analyst salary in Brazil
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

(306,660,307 COP per year, pre-tax.)
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
(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 2025

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Please note:
The salary data presented here are meant for reference purposes solely.
Salary details displayed on this website are meant for informational purposes only. Our data is sourced through multiple inputs and may not always be accurate. Users should verify salary information independently before making employment decisions. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot guarantee that the information provided is error-free. By accessing this website, you agree that salary information is presented 'as is' and without assurances.
Salary details presented on this website are intended for informational purposes exclusively. Our data comes from various sources and may not necessarily be accurate. Users should cross-reference salary information through other means before making employment commitments. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot guarantee that the data provided is flawless. By using this website, you accept that salary information is offered 'as is' and without assurances.