Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Colombia
Colombia: Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban was 54.2% in 2022. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Colombia stood at 54.2%.
That represents a change of down 16.5% on the previous year and up 19.8% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Colombia peaked at 65.1% in 2020 and was at its lowest, 45.3%, in 2012.
That places Colombia 11th out of 34 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 47.7% | — |
| 2011 | 47.7% | -0.0% |
| 2012 | 45.3% | -5.2% |
| 2014 | 46.0% | +1.7% |
| 2015 | 48.8% | +6.0% |
| 2016 | 47.0% | -3.6% |
| 2017 | 48.3% | +2.7% |
| 2018 | 50.9% | +5.3% |
| 2019 | 52.6% | +3.4% |
| 2020 | 65.1% | +23.8% |
| 2021 | 65.0% | -0.2% |
| 2022 | 54.2% | -16.5% |
Colombia compared with similar countries
- Colombia's 54.2% is above the median for upper middle income countries, which is 49.0%, 1.1× the median. (22 countries reporting)
- Colombia's 54.2% is above the median for Latin America & Caribbean, which is 36.2%, 1.5× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.3% | 45.3% | 52.6% | 9 |
| 2020s | 61.4% | 54.2% | 65.1% | 3 |
Countries ranked near Colombia
More work & labour data for Colombia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7218 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6981 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.7453 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.81 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1417 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 48,629 1000 No (2050)
- Population - Est. & Proj. — Rural population 6,104 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 23,624 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 23,456 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 47,081 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Colombia?
- Adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Colombia was 54.2% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - all social insurance -urban recorded in Colombia?
- The highest recorded value was 65.1% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social insurance -urban recorded in Colombia?
- The lowest recorded value was 45.3% in 2012.
- How does Colombia rank for adequacy of benefits in 2nd quintile (%) - all social insurance -urban?
- Colombia ranks 11th out of 34 countries with data for 2022.
- Is adequacy of benefits in 2nd quintile (%) - all social insurance -urban rising or falling in Colombia?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group