Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Colombia
Colombia: Benefit-cost ratio - All Social Insurance -1st quintile (poorest) was 0.0111 in 2022. ▲ Rising
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social insurance -1st quintile (poorest) in Colombia stood at 0.0111.
The figure is down 52.9% on the previous year and up 30.9% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile (poorest) in Colombia peaked at 0.0356 in 2020 and was at its lowest, 0.0085, in 2012.
That places Colombia 31st out of 31 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.0164 | — |
| 2011 | 0.0094 | -42.8% |
| 2012 | 0.0085 | -9.2% |
| 2014 | 0.0269 | +216.3% |
| 2015 | 0.026 | -3.5% |
| 2016 | 0.0212 | -18.4% |
| 2017 | 0.0227 | +7.3% |
| 2018 | 0.0262 | +15.4% |
| 2019 | 0.0323 | +23.1% |
| 2020 | 0.0356 | +10.4% |
| 2021 | 0.0236 | -33.7% |
| 2022 | 0.0111 | -52.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0211 | 0.0085 | 0.0323 | 9 |
| 2020s | 0.0235 | 0.0111 | 0.0356 | 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 benefit-cost ratio - all social insurance -1st quintile (poorest) in Colombia?
- Benefit-cost ratio - all social insurance -1st quintile (poorest) in Colombia was 0.0111 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Colombia?
- The highest recorded value was 0.0356 in 2020.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Colombia?
- The lowest recorded value was 0.0085 in 2012.
- How does Colombia rank for benefit-cost ratio - all social insurance -1st quintile (poorest)?
- Colombia ranks 31st out of 31 countries with data for 2022.
- Is benefit-cost ratio - all social insurance -1st quintile (poorest) rising or falling in Colombia?
- Over the last ten years it is up 30.9%. 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 Benefit-cost ratio - All Social Insurance -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)