Palma ratio in Colombia

Colombia: Palma ratio was 4.17 in 2024. ▼ Falling

Latest (2024)
4.17
Change on year
down 0.7%
World rank
1st
of 120 countries
All-time high
5.41
in 1999
All-time low
3.42
in 2017
Years of data
26
1992–2024

Palma ratio in Colombia, 1992–2024

02461992200820241992: 3.41996: 4.81999: 5.42000: 5.32001: 4.92002: 4.52003: 3.92004: 4.22005: 42008: 4.32009: 4.12010: 4.12011: 3.92012: 42013: 42014: 42015: 3.72016: 3.62017: 3.42018: 3.62019: 3.82020: 4.32021: 4.32022: 4.22023: 4.22024: 4.2

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2024, palma ratio in Colombia stood at 4.17.

Compared with earlier readings it is down 0.7% on the previous year and up 4.2% over ten years.

Over the whole period, palma ratio in Colombia peaked at 5.41 in 1999 and was at its lowest, 3.42, in 2017.

Colombia ranks 1st of 120 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.55 3.44 5.41 3
2000s 4.4 3.91 5.31 8
2010s 3.81 3.42 4.15 10
2020s 4.23 4.17 4.32 5

Countries ranked near Colombia

  1. 2 Botswana 4.16 compare
  2. 3 South Africa 4 compare
  3. 4 Zambia 3.5 compare

See the full ranking of 120 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is palma ratio in Colombia?
Palma ratio in Colombia was 4.17 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Colombia?
The highest recorded value was 5.41 in 1999.
What is the lowest palma ratio recorded in Colombia?
The lowest recorded value was 3.42 in 2017.
How does Colombia rank for palma ratio?
Colombia ranks 1st out of 120 countries with data for 2024.
Is palma ratio rising or falling in Colombia?
Over the last ten years it is up 4.2%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.