Benefit-cost ratio - All Social Protection and Labor -extreme poor in Colombia
Colombia: Benefit-cost ratio - All Social Protection and Labor -extreme poor was 0.0056 <$2.15 a day in 2022. ▼ Falling
Benefit-cost ratio - All Social Protection and Labor -extreme poor in Colombia, 2010–2022
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
In 2022, benefit-cost ratio - all social protection and labor -extreme poor in Colombia stood at 0.0056 <$2.15 a day. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 59.3% on the previous year and down 56.5% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -extreme poor in Colombia peaked at 0.0228 <$2.15 a day in 2020 and was at its lowest, 0.0056 <$2.15 a day, 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 -extreme poor in Colombia, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2010 | 0.0187 <$2.15 a day | — |
| 2011 | 0.0163 <$2.15 a day | -12.6% |
| 2012 | 0.0128 <$2.15 a day | -21.4% |
| 2014 | 0.0165 <$2.15 a day | +28.1% |
| 2015 | 0.018 <$2.15 a day | +9.6% |
| 2016 | 0.0174 <$2.15 a day | -3.6% |
| 2017 | 0.0085 <$2.15 a day | -51.3% |
| 2018 | 0.0087 <$2.15 a day | +3.2% |
| 2019 | 0.0083 <$2.15 a day | -4.4% |
| 2020 | 0.0228 <$2.15 a day | +172.8% |
| 2021 | 0.0137 <$2.15 a day | -39.8% |
| 2022 | 0.0056 <$2.15 a day | -59.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0139 <$2.15 a day | 0.0083 <$2.15 a day | 0.0187 <$2.15 a day | 9 |
| 2020s | 0.014 <$2.15 a day | 0.0056 <$2.15 a day | 0.0228 <$2.15 a day | 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 protection and labor -extreme poor in Colombia?
- Benefit-cost ratio - all social protection and labor -extreme poor in Colombia was 0.0056 <$2.15 a day in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -extreme poor recorded in Colombia?
- The highest recorded value was 0.0228 <$2.15 a day in 2020.
- What is the lowest benefit-cost ratio - all social protection and labor -extreme poor recorded in Colombia?
- The lowest recorded value was 0.0056 <$2.15 a day in 2022.
- How does Colombia rank for benefit-cost ratio - all social protection and labor -extreme poor?
- Colombia ranks 37th out of 37 countries with data for 2022.
- Is benefit-cost ratio - all social protection and labor -extreme poor rising or falling in Colombia?
- Over the last ten years it is down 56.5%. 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 -extreme poor (<$2.15 a day). 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 (%)