Adequacy of benefits in 2nd quintile (%) - International Private in Colombia
Colombia: Adequacy of benefits in 2nd quintile (%) - International Private was 16.5% in 2022. ◆ Volatile
Adequacy of benefits in 2nd quintile (%) - International Private in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, adequacy of benefits in 2nd quintile (%) - international private in Colombia stood at 16.5%.
Compared with earlier readings it is down 31.7% on the previous year and up 2,370.9% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - international private in Colombia peaked at 269.2% in 2020 and was at its lowest, 0.7%, in 2012.
That places Colombia 23rd out of 27 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adequacy of benefits in 2nd quintile (%) - International Private in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 1.3% | — |
| 2011 | 1.3% | -4.1% |
| 2012 | 0.7% | -47.2% |
| 2014 | 9.8% | +1377.9% |
| 2015 | 14.3% | +45.6% |
| 2016 | 18.3% | +27.6% |
| 2017 | 41.2% | +125.5% |
| 2018 | 21.6% | -47.7% |
| 2019 | 22.0% | +1.8% |
| 2020 | 269.2% | +1125.1% |
| 2021 | 24.1% | -91.1% |
| 2022 | 16.5% | -31.7% |
Colombia compared with similar countries
- Colombia's 16.5% is below the median for upper middle income countries, which is 34.2%, 48% of the median. (17 countries reporting)
- Colombia's 16.5% is below the median for Latin America & Caribbean, which is 18.6%, 88% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.5% | 0.7% | 41.2% | 9 |
| 2020s | 103.3% | 16.5% | 269.2% | 3 |
Countries ranked near Colombia
- 20 Costa Rica 19.1% compare
- 21 El Salvador 18.2% compare
- 22 Bolivia, Plurinational State of 17.6% compare
- 24 Peru 16.3% compare
- 25 Paraguay 9.1% compare
- 26 Uruguay 5.5% compare
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 (%) - international private in Colombia?
- Adequacy of benefits in 2nd quintile (%) - international private in Colombia was 16.5% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - international private recorded in Colombia?
- The highest recorded value was 269.2% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - international private recorded in Colombia?
- The lowest recorded value was 0.7% in 2012.
- How does Colombia rank for adequacy of benefits in 2nd quintile (%) - international private?
- Colombia ranks 23rd out of 27 countries with data for 2022.
- Is adequacy of benefits in 2nd quintile (%) - international private rising or falling in Colombia?
- Over the last ten years it is up 2,370.9%. 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 (%) - International Private Transfers -urban. 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