Adequacy of benefits (%) - Contributory Pensions in Colombia

Colombia: Adequacy of benefits (%) - Contributory Pensions was 39.6% in 2022. ▲ Rising

Latest (2022)
39.6%
Change on year
down 10.8%
World rank
17th
of 32 countries
All-time high
47.5%
in 2020
All-time low
26.2%
in 2011
Years of data
12
2010–2022

Adequacy of benefits (%) - Contributory Pensions in Colombia, 2010–2022

010203040502010201620222010: 282011: 26.22012: 29.62014: 38.22015: 38.62016: 40.42017: 41.62018: 41.62019: 42.12020: 47.52021: 44.42022: 39.6

Source: ASPIRE.

Analysis

Colombia recorded 39.6% for adequacy of benefits (%) - contributory pensions in 2022.

Compared with earlier readings it is down 10.8% on the previous year and up 34.1% over ten years.

Over the whole period, adequacy of benefits (%) - contributory pensions in Colombia peaked at 47.5% in 2020 and was at its lowest, 26.2%, in 2011.

That places Colombia 17th out of 32 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 36.3% 26.2% 42.1% 9
2020s 43.9% 39.6% 47.5% 3

Countries ranked near Colombia

  1. 14 Brazil 42.6% compare
  2. 15 Costa Rica 40.6% compare
  3. 16 Argentina 39.9% compare
  4. 18 Bolivia 39.5% compare
  5. 19 Pakistan 39.0% compare
  6. 20 Armenia 37.5% compare

See the full ranking of 33 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is adequacy of benefits (%) - contributory pensions in Colombia?
Adequacy of benefits (%) - contributory pensions in Colombia was 39.6% in 2022, according to ASPIRE.
What is the highest adequacy of benefits (%) - contributory pensions recorded in Colombia?
The highest recorded value was 47.5% in 2020.
What is the lowest adequacy of benefits (%) - contributory pensions recorded in Colombia?
The lowest recorded value was 26.2% in 2011.
How does Colombia rank for adequacy of benefits (%) - contributory pensions?
Colombia ranks 17th out of 32 countries with data for 2022.
Is adequacy of benefits (%) - contributory pensions rising or falling in Colombia?
Over the last ten years it is up 34.1%. 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 Adequacy of benefits (%) - Contributory Pensions. 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

Indicator
Adequacy of benefits (%) - Contributory Pensions
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group