Adequacy of social insurance programs in Colombia
Colombia: Adequacy of social insurance programs was 39.6% in 2022. ▲ Rising
Adequacy of social insurance programs in Colombia, 2010–2022
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total welfare of beneficiary households.
Analysis
The most recent figure for adequacy of social insurance programs in Colombia is 39.6%, measured in 2022.
Compared with earlier readings it is down 10.8% on the previous year and up 34.1% over ten years.
Over the whole period, adequacy of social insurance programs in Colombia peaked at 47.5% in 2020 and was at its lowest, 26.2%, in 2011.
Colombia ranks 17th 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 social insurance programs in Colombia, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2010 | 28.0% | — |
| 2011 | 26.2% | -6.4% |
| 2012 | 29.6% | +12.8% |
| 2014 | 38.2% | +29.3% |
| 2015 | 38.6% | +1.1% |
| 2016 | 40.4% | +4.5% |
| 2017 | 41.6% | +3.0% |
| 2018 | 41.6% | -0.0% |
| 2019 | 42.1% | +1.4% |
| 2020 | 47.5% | +12.8% |
| 2021 | 44.4% | -6.6% |
| 2022 | 39.6% | -10.8% |
Colombia compared with similar countries
- Colombia's 39.6% is below the median for upper middle income countries, which is 39.8%, 100% of the median. (22 countries reporting)
- Colombia's 39.6% is above the median for Latin America & Caribbean, which is 35.3%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.3% | 26.2% | 42.1% | 9 |
| 2020s | 43.9% | 39.6% | 47.5% | 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 social insurance programs in Colombia?
- Adequacy of social insurance programs in Colombia was 39.6% in 2022, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
- What is the highest adequacy of social insurance programs recorded in Colombia?
- The highest recorded value was 47.5% in 2020.
- What is the lowest adequacy of social insurance programs recorded in Colombia?
- The lowest recorded value was 26.2% in 2011.
- How does Colombia rank for adequacy of social insurance programs?
- Colombia ranks 17th out of 34 countries with data for 2022.
- Is adequacy of social insurance programs rising or falling in Colombia?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Adequacy of social insurance programs (% of total welfare of beneficiary households). 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
Adequacy of social insurance programs is measured by the total transfer amount received by the population participating in social insurance programs as a share of their total welfare. Welfare is defined as the total income or total expenditure of beneficiary households. Social insurance programs include old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.