Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia
Colombia: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 32.1% in 2022. ▼ Falling
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia, 2010–2022
Source: ASPIRE. Measured in preT.
Analysis
Colombia recorded 32.1% for benefits incidence in 5th quintile (richest) (%) - domestic private in 2022.
The figure is up 7.1% on the previous year and down 10.4% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia peaked at 41.4% in 2016 and was at its lowest, 30.0%, in 2021.
Colombia ranks 19th of 31 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia, year by year
| Year | preT | Change |
|---|---|---|
| 2010 | 32.7% | — |
| 2011 | 32.9% | +0.6% |
| 2012 | 35.9% | +9.1% |
| 2014 | 30.9% | -13.8% |
| 2015 | 39.9% | +29.0% |
| 2016 | 41.4% | +3.7% |
| 2017 | 39.0% | -5.7% |
| 2018 | 34.0% | -12.9% |
| 2019 | 34.2% | +0.8% |
| 2020 | 30.2% | -11.6% |
| 2021 | 30.0% | -0.8% |
| 2022 | 32.1% | +7.1% |
Colombia compared with similar countries
- Colombia's 32.1% is above the median for upper middle income countries, which is 32.1%, 1.0× the median. (19 countries reporting)
- Colombia's 32.1% is above the median for Latin America & Caribbean, which is 32.1%, 1.0× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.7% | 30.9% | 41.4% | 9 |
| 2020s | 30.8% | 30.0% | 32.1% | 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 benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia?
- Benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia was 32.1% in 2022, according to ASPIRE.
- What is the highest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Colombia?
- The highest recorded value was 41.4% in 2016.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Colombia?
- The lowest recorded value was 30.0% in 2021.
- How does Colombia rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Colombia ranks 19th out of 31 countries with data for 2022.
- Is benefits incidence in 5th quintile (richest) (%) - domestic private rising or falling in Colombia?
- Over the last ten years it is down 10.4%. 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 Benefits incidence in 5th quintile (richest) (%) - Domestic Private Transfers (preT). 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
Percentage of benefits going to the richestquintile relative to the total benefits going to the population