Benefit-cost ratio - All Social Protection and Labor -1st quintile in Colombia
Colombia: Benefit-cost ratio - All Social Protection and Labor -1st quintile was 0.0229 poorest in 2022. ▼ Falling
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Colombia, 2010–2022
Source: ASPIRE. Measured in poorest.
Analysis
The most recent figure for benefit-cost ratio - all social protection and labor -1st quintile in Colombia is 0.0229 poorest, measured in 2022. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 40.2% on the previous year and down 48.1% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -1st quintile in Colombia peaked at 0.0607 poorest in 2015 and was at its lowest, 0.0229 poorest, in 2022.
That places Colombia 37th out of 37 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Colombia, year by year
| Year | poorest | Change |
|---|---|---|
| 2010 | 0.0559 poorest | — |
| 2011 | 0.0423 poorest | -24.3% |
| 2012 | 0.0442 poorest | +4.5% |
| 2014 | 0.0536 poorest | +21.3% |
| 2015 | 0.0607 poorest | +13.3% |
| 2016 | 0.059 poorest | -2.9% |
| 2017 | 0.0337 poorest | -42.9% |
| 2018 | 0.0321 poorest | -4.8% |
| 2019 | 0.0301 poorest | -6.1% |
| 2020 | 0.0526 poorest | +74.7% |
| 2021 | 0.0384 poorest | -27.0% |
| 2022 | 0.0229 poorest | -40.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0457 poorest | 0.0301 poorest | 0.0607 poorest | 9 |
| 2020s | 0.038 poorest | 0.0229 poorest | 0.0526 poorest | 3 |
Countries ranked near Colombia
- 34 Côte d'Ivoire 0.0868 poorest compare
- 35 Honduras 0.0547 poorest compare
- 36 South Africa 0.0439 poorest compare
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 protection and labor -1st quintile in Colombia?
- Benefit-cost ratio - all social protection and labor -1st quintile in Colombia was 0.0229 poorest in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -1st quintile recorded in Colombia?
- The highest recorded value was 0.0607 poorest in 2015.
- What is the lowest benefit-cost ratio - all social protection and labor -1st quintile recorded in Colombia?
- The lowest recorded value was 0.0229 poorest in 2022.
- How does Colombia rank for benefit-cost ratio - all social protection and labor -1st quintile?
- Colombia ranks 37th out of 37 countries with data for 2022.
- Is benefit-cost ratio - all social protection and labor -1st quintile rising or falling in Colombia?
- Over the last ten years it is down 48.1%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Protection and Labor -1st quintile (poorest). 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 SPL programs (%)