Adequacy of benefits in 4th quintile (%) - All Social Insurance in Colombia
Colombia: Adequacy of benefits in 4th quintile (%) - All Social Insurance was 44.2% in 2022. ▲ Rising
Adequacy of benefits in 4th quintile (%) - All Social Insurance in Colombia, 2010–2022
Source: ASPIRE. Measured in preT.
Analysis
In 2022, adequacy of benefits in 4th quintile (%) - all social insurance in Colombia stood at 44.2%.
Compared with earlier readings it is down 6.1% on the previous year and up 58.5% over ten years.
Over the whole period, adequacy of benefits in 4th quintile (%) - all social insurance in Colombia peaked at 51.2% in 2020 and was at its lowest, 27.9%, in 2012.
Colombia ranks 10th 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 4th quintile (%) - All Social Insurance in Colombia, year by year
| Year | preT | Change |
|---|---|---|
| 2010 | 28.5% | — |
| 2011 | 29.9% | +5.0% |
| 2012 | 27.9% | -6.8% |
| 2014 | 43.4% | +55.4% |
| 2015 | 41.6% | -4.0% |
| 2016 | 41.8% | +0.5% |
| 2017 | 42.7% | +2.1% |
| 2018 | 42.9% | +0.5% |
| 2019 | 43.6% | +1.7% |
| 2020 | 51.2% | +17.3% |
| 2021 | 47.1% | -8.1% |
| 2022 | 44.2% | -6.1% |
Colombia compared with similar countries
- Colombia's 44.2% is above the median for upper middle income countries, which is 39.7%, 1.1× the median. (22 countries reporting)
- Colombia's 44.2% is above the median for Latin America & Caribbean, which is 39.6%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.0% | 27.9% | 43.6% | 9 |
| 2020s | 47.5% | 44.2% | 51.2% | 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 4th quintile (%) - all social insurance in Colombia?
- Adequacy of benefits in 4th quintile (%) - all social insurance in Colombia was 44.2% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 4th quintile (%) - all social insurance recorded in Colombia?
- The highest recorded value was 51.2% in 2020.
- What is the lowest adequacy of benefits in 4th quintile (%) - all social insurance recorded in Colombia?
- The lowest recorded value was 27.9% in 2012.
- How does Colombia rank for adequacy of benefits in 4th quintile (%) - all social insurance?
- Colombia ranks 10th out of 34 countries with data for 2022.
- Is adequacy of benefits in 4th quintile (%) - all social insurance rising or falling in Colombia?
- Over the last ten years it is up 58.5%. 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 4th quintile (%) - All Social Insurance (preT). 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