Adequacy of benefits in 2nd quintile (%) - All Social Insurance in Colombia
Colombia: Adequacy of benefits in 2nd quintile (%) - All Social Insurance was 57.7% in 2022. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - All Social Insurance in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, adequacy of benefits in 2nd quintile (%) - all social insurance in Colombia stood at 57.7%.
That represents a change of down 20.0% on the previous year and up 15.0% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social insurance in Colombia peaked at 72.1% in 2021 and was at its lowest, 40.5%, in 2014.
Colombia ranks 11th of 34 countries on this measure, 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 in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 54.1% | — |
| 2011 | 61.2% | +13.1% |
| 2012 | 50.2% | -18.0% |
| 2014 | 40.5% | -19.2% |
| 2015 | 54.4% | +34.3% |
| 2016 | 52.4% | -3.8% |
| 2017 | 51.8% | -1.1% |
| 2018 | 54.4% | +5.0% |
| 2019 | 57.1% | +5.1% |
| 2020 | 70.8% | +24.0% |
| 2021 | 72.1% | +1.8% |
| 2022 | 57.7% | -20.0% |
Colombia compared with similar countries
- Colombia's 57.7% is above the median for upper middle income countries, which is 51.5%, 1.1× the median. (22 countries reporting)
- Colombia's 57.7% is above the median for Latin America & Caribbean, which is 36.0%, 1.6× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 52.9% | 40.5% | 61.2% | 9 |
| 2020s | 66.9% | 57.7% | 72.1% | 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 in Colombia?
- Adequacy of benefits in 2nd quintile (%) - all social insurance in Colombia was 57.7% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - all social insurance recorded in Colombia?
- The highest recorded value was 72.1% in 2021.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social insurance recorded in Colombia?
- The lowest recorded value was 40.5% in 2014.
- How does Colombia rank for adequacy of benefits in 2nd quintile (%) - all social insurance?
- Colombia ranks 11th out of 34 countries with data for 2022.
- Is adequacy of benefits in 2nd quintile (%) - all social insurance rising or falling in Colombia?
- Over the last ten years it is up 15.0%. 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. 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