Benefit-cost ratio - Contributory Pensions -1st quintile in Colombia

Colombia: Benefit-cost ratio - Contributory Pensions -1st quintile was 0.02 poorest in 2022. ▲ Rising

Latest (2022)
0.02 poorest
Change on year
down 43.0%
World rank
30th
of 32 countries
All-time high
0.035 poorest
in 2021
All-time low
0.0121 poorest
in 2011
Years of data
12
2010–2022

Benefit-cost ratio - Contributory Pensions -1st quintile in Colombia, 2010–2022

0.010.0150.020.0250.030.0352010201620222010: 0.019 poorest2011: 0.012 poorest2012: 0.017 poorest2014: 0.023 poorest2015: 0.027 poorest2016: 0.028 poorest2017: 0.031 poorest2018: 0.03 poorest2019: 0.028 poorest2020: 0.034 poorest2021: 0.035 poorest2022: 0.02 poorest

Source: ASPIRE. Measured in poorest.

Analysis

In 2022, benefit-cost ratio - contributory pensions -1st quintile in Colombia stood at 0.02 poorest.

That represents a change of down 43.0% on the previous year and up 20.3% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -1st quintile in Colombia peaked at 0.035 poorest in 2021 and was at its lowest, 0.0121 poorest, in 2011.

That places Colombia 30th out of 32 countries with data for 2022, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.024 poorest 0.0121 poorest 0.0312 poorest 9
2020s 0.0297 poorest 0.02 poorest 0.035 poorest 3

Countries ranked near Colombia

  1. 27 Bolivia 0.035 poorest compare
  2. 28 Ecuador 0.031 poorest compare
  3. 29 El Salvador 0.0295 poorest compare
  4. 31 Paraguay 0.0159 poorest compare
  5. 32 Honduras 0.0085 poorest compare

See the full ranking of 33 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is benefit-cost ratio - contributory pensions -1st quintile in Colombia?
Benefit-cost ratio - contributory pensions -1st quintile in Colombia was 0.02 poorest in 2022, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -1st quintile recorded in Colombia?
The highest recorded value was 0.035 poorest in 2021.
What is the lowest benefit-cost ratio - contributory pensions -1st quintile recorded in Colombia?
The lowest recorded value was 0.0121 poorest in 2011.
How does Colombia rank for benefit-cost ratio - contributory pensions -1st quintile?
Colombia ranks 30th out of 32 countries with data for 2022.
Is benefit-cost ratio - contributory pensions -1st quintile rising or falling in Colombia?
Over the last ten years it is up 20.3%. 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 Benefit-cost ratio - Contributory Pensions -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

Indicator
Benefit-cost ratio - Contributory Pensions -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Poverty gap reduction obtained for each $1 spent in Contributory Pensions programs (%)