Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia
Colombia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 14.8% in 2022. ◆ Volatile
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia, 2010–2022
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia is 14.8%, measured in 2022.
That represents a change of down 7.1% on the previous year and up 324.6% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia peaked at 182.5% in 2020 and was at its lowest, 2.4%, in 2011.
That places Colombia 13th out of 30 countries with data for 2022, putting it 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
| Year | Value | Change |
|---|---|---|
| 2010 | 2.5% | — |
| 2011 | 2.4% | -3.0% |
| 2012 | 3.5% | +42.7% |
| 2014 | 8.1% | +133.7% |
| 2015 | 13.5% | +66.4% |
| 2016 | 14.5% | +7.0% |
| 2017 | 20.1% | +38.7% |
| 2018 | 14.1% | -30.0% |
| 2019 | 15.2% | +7.9% |
| 2020 | 182.5% | +1102.0% |
| 2021 | 15.9% | -91.3% |
| 2022 | 14.8% | -7.1% |
Colombia compared with similar countries
- Colombia's 14.8% is above the median for upper middle income countries, which is 14.0%, 1.1× the median. (18 countries reporting)
- Colombia's 14.8% is above the median for Latin America & Caribbean, which is 12.3%, 1.2× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.4% | 2.4% | 20.1% | 9 |
| 2020s | 71.1% | 14.8% | 182.5% | 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 5th quintile (richest) (%) - domestic private in Colombia?
- Adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia was 14.8% 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 182.5% in 2020.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Colombia?
- The lowest recorded value was 2.4% in 2011.
- How does Colombia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
- Colombia ranks 13th out of 30 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 324.6%. 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 -rural. 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