Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Colombia
Colombia: Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers was 23.1% in 2022. ◆ Volatile
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Colombia stood at 23.1%.
Compared with earlier readings it is down 23.1% on the previous year and up 238.0% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Colombia peaked at 299.4% in 2020 and was at its lowest, 6.8%, in 2012.
Colombia ranks 12th of 30 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 7.7% | — |
| 2011 | 9.1% | +18.2% |
| 2012 | 6.8% | -25.2% |
| 2014 | 23.1% | +237.6% |
| 2015 | 24.8% | +7.6% |
| 2016 | 25.2% | +1.6% |
| 2017 | 47.6% | +88.8% |
| 2018 | 25.9% | -45.5% |
| 2019 | 26.9% | +3.8% |
| 2020 | 299.4% | +1012.5% |
| 2021 | 30.1% | -90.0% |
| 2022 | 23.1% | -23.1% |
Colombia compared with similar countries
- Colombia's 23.1% is above the median for upper middle income countries, which is 18.4%, 1.3× the median. (18 countries reporting)
- Colombia's 23.1% is above the median for Latin America & Caribbean, which is 20.2%, 1.1× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.9% | 6.8% | 47.6% | 9 |
| 2020s | 117.5% | 23.1% | 299.4% | 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 (%) - domestic private transfers in Colombia?
- Adequacy of benefits in 2nd quintile (%) - domestic private transfers in Colombia was 23.1% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Colombia?
- The highest recorded value was 299.4% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Colombia?
- The lowest recorded value was 6.8% in 2012.
- How does Colombia rank for adequacy of benefits in 2nd quintile (%) - domestic private transfers?
- Colombia ranks 12th out of 30 countries with data for 2022.
- Is adequacy of benefits in 2nd quintile (%) - domestic private transfers rising or falling in Colombia?
- Over the last ten years it is up 238.0%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers -rural. Statizoid updates them automatically from the source API.
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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