Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia

Colombia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 14.0% in 2022. ◆ Volatile

Latest (2022)
14.0%
Change on year
down 5.0%
World rank
19th
of 31 countries
All-time high
150.7%
in 2020
All-time low
2.3%
in 2011
Years of data
12
2010–2022

Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia, 2010–2022

0501001502010201620222010: 2.9 preT2011: 2.3 preT2012: 3.8 preT2014: 7.4 preT2015: 14.7 preT2016: 16.7 preT2017: 13.9 preT2018: 14.9 preT2019: 15 preT2020: 150.7 preT2021: 14.7 preT2022: 14 preT

Source: ASPIRE. Measured in preT.

Analysis

Colombia recorded 14.0% for adequacy of benefits in 5th quintile (richest) (%) - domestic private in 2022.

The figure is down 5.0% on the previous year and up 270.3% over ten years.

Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia peaked at 150.7% in 2020 and was at its lowest, 2.3%, in 2011.

Colombia ranks 19th of 31 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 5th quintile (richest) (%) - Domestic Private in Colombia, year by year

Annual values for Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private Transfers (preT) in Colombia, 2010 to 2022.
Year preT Change
2010 2.9%
2011 2.3% -18.8%
2012 3.8% +60.9%
2014 7.4% +95.3%
2015 14.7% +100.1%
2016 16.7% +13.3%
2017 13.9% -16.8%
2018 14.9% +7.0%
2019 15.0% +0.7%
2020 150.7% +907.0%
2021 14.7% -90.3%
2022 14.0% -5.0%

Colombia compared with similar countries

  • Colombia's 14.0% is below the median for upper middle income countries, which is 18.0%, 77% of the median. (19 countries reporting)
  • Colombia's 14.0% is above the median for Latin America & Caribbean, which is 12.9%, 1.1× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.2% 2.3% 16.7% 9
2020s 59.8% 14.0% 150.7% 3

Countries ranked near Colombia

  1. 16 Türkiye 17.8% compare
  2. 17 Costa Rica 14.7% compare
  3. 18 Georgia 14.0% compare
  4. 20 Chile 12.9% compare
  5. 21 Mexico 12.4% compare
  6. 22 Ecuador 12.2% compare

See the full ranking of 31 places →

More work & labour data for Colombia

All data for Colombia →

Frequently asked questions

What is adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia?
Adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia was 14.0% in 2022, according to ASPIRE.
What is the highest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Colombia?
The highest recorded value was 150.7% in 2020.
What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Colombia?
The lowest recorded value was 2.3% in 2011.
How does Colombia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
Colombia ranks 19th out of 31 countries with data for 2022.
Is adequacy of benefits in 5th quintile (richest) (%) - domestic private rising or falling in Colombia?
Over the last ten years it is up 270.3%. 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 5th quintile (richest) (%) - Domestic Private Transfers (preT). Statizoid updates them automatically from the source API.

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Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia. Statizoid, drawing on ASPIRE. Retrieved 16 September 2026, from https://labour.statizoid.com/stat/adequacy-of-benefits-in-5th-quintile-richest-percent-domestic-private-transfers-pret/colombia/

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About this data

Indicator
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private Transfers (preT)
Unit
preT
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 318 data points, 2003–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group