Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia
Colombia: Benefits incidence in 5th quintile (richest) (%) - Domestic Private was 30.4% in 2022. ▬ Flat
Latest (2022)
30.4%
Change on year
up 5.8%
World rank
24th
of 31 countries
All-time high
40.3%
in 2017
All-time low
25.7%
in 2010
Years of data
12
2010–2022
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia, 2010–2022
Source: ASPIRE.
Analysis
In 2022, benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia stood at 30.4%.
Compared with earlier readings it is up 5.8% on the previous year and down 8.8% over ten years.
Over the whole period, benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia peaked at 40.3% in 2017 and was at its lowest, 25.7%, in 2010.
That places Colombia 24th out of 31 countries with data for 2022, putting it in the bottom quarter.
Benefits incidence in 5th quintile (richest) (%) - Domestic Private in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 25.7% | — |
| 2011 | 30.4% | +18.0% |
| 2012 | 33.3% | +9.9% |
| 2014 | 30.1% | -9.7% |
| 2015 | 37.9% | +25.8% |
| 2016 | 40.0% | +5.5% |
| 2017 | 40.3% | +0.9% |
| 2018 | 32.0% | -20.7% |
| 2019 | 32.1% | +0.4% |
| 2020 | 28.0% | -13.0% |
| 2021 | 28.8% | +2.9% |
| 2022 | 30.4% | +5.8% |
Colombia compared with similar countries
- Colombia's 30.4% is below the median for upper middle income countries, which is 34.7%, 88% of the median. (19 countries reporting)
- Colombia's 30.4% is above the median for Latin America & Caribbean, which is 30.4%, 1.0× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 33.5% | 25.7% | 40.3% | 9 |
| 2020s | 29.0% | 28.0% | 30.4% | 3 |
Countries ranked near Colombia
- 21 Bolivia, Plurinational State of 32.5% compare
- 22 Panama 32.0% compare
- 23 Mexico 30.7% compare
- 25 Uruguay 30.3% compare
- 26 Dominican Republic 26.5% compare
- 27 Costa Rica 26.3% 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 benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia?
- Benefits incidence in 5th quintile (richest) (%) - domestic private in Colombia was 30.4% 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 40.3% in 2017.
- What is the lowest benefits incidence in 5th quintile (richest) (%) - domestic private recorded in Colombia?
- The lowest recorded value was 25.7% in 2010.
- How does Colombia rank for benefits incidence in 5th quintile (richest) (%) - domestic private?
- Colombia ranks 24th 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 8.8%. The long-run trend across the full record is flat.
- 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 -urban. 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
Percentage of benefits going to the richestquintile relative to the total benefits going to the population