Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Colombia
Colombia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 13.7% 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 13.7%, measured in 2022.
Compared with earlier readings it is down 5.2% on the previous year and up 264.2% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Colombia peaked at 145.8% 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
| Year | Value | Change |
|---|---|---|
| 2010 | 2.9% | — |
| 2011 | 2.3% | -18.7% |
| 2012 | 3.8% | +61.5% |
| 2014 | 7.3% | +94.4% |
| 2015 | 14.6% | +98.8% |
| 2016 | 16.5% | +13.0% |
| 2017 | 14.5% | -12.1% |
| 2018 | 14.6% | +0.9% |
| 2019 | 14.7% | +0.9% |
| 2020 | 145.8% | +890.5% |
| 2021 | 14.5% | -90.1% |
| 2022 | 13.7% | -5.2% |
Colombia compared with similar countries
- Colombia's 13.7% is below the median for upper middle income countries, which is 18.2%, 76% of the median. (19 countries reporting)
- Colombia's 13.7% is above the median for Latin America & Caribbean, which is 12.9%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.1% | 2.3% | 16.5% | 9 |
| 2020s | 58.0% | 13.7% | 145.8% | 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 13.7% 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 145.8% 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 264.2%. 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. Statizoid updates them automatically from the source API.
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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