Product Manager Salary in Colombia

Product managers in Colombia's tech sector have a median mid‑level salary. The typical salary is 5 million per year. Bogotá and Medellín host multinational firms and startups. These hubs provide compensation that reflects local living costs.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

COL$14,000,000 to COL$19,200,000

Average (per year)

COL$17,000,000

Entry‑level positions are available in Medellín's tech sector.

Mid-level (3-5 years)

Salary range (per year)

COL$19,800,000 to COL$27,000,000

Average (per year)

COL$22,500,000

Product managers may advance to higher salary bands.

Senior (6-9 years)

Salary range (per year)

COL$27,000,000 to COL$34,000,000

Average (per year)

COL$30,500,000

Experience with regional or international products can affect earnings.

Principal/Lead (10+ years)

Salary range (per year)

COL$34,000,000+

Leads who oversee large teams or products may earn at the top of the range.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

COL$15000 - COL$21000

per hour

Mid-level

COL$21000 - COL$29000

per hour

Senior

COL$29000 - COL$39000

per hour

Market Overview

Fintech giants and e‑commerce platforms dominate hiring for product managers. Logistics firms are part of the market. Housing costs in Bogotá influence compensation decisions.