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Colombia Poverty Rate

Colombia's poverty rate fell to 7.7% in 2023, down from 9.3% in 2022, according to World Bank. This represents a decrease of 1.6% from the previous year. Colombia has poverty rate higher than the global median (7.70% vs median 1.90%). Compared with the median in Americas, Colombia is higher (7.70% vs regional median 2.25%) and ranks 3rd out of 22 countries in Americas.

Colombia's annual unemployment rate rose to 9.61% in 2024, up from 9.59% in 2023.

Yearly Historical Data (1980-2023)

(in %)
Year Poverty Rate (%)
2023 7.7%
2022 9.3%
2021 11.2%
2020 13.5%
2019 8.8%
2018 7.4%
2017 7.3%
2016 8%
2015 8.1%
2014 9%
2013 9.9%
2012 10.9%
2011 11.2%
2010 13.1%
2009 15%
2008 16.6%
2005 16.8%
2004 19.2%
2003 19.8%
2002 21.2%
2001 29.6%
2000 23.9%
1999 28.2%
1996 24.8%
1992 16%
1991 19.3%
1989 21.3%
1988 21.4%
1980 28.5%
Colombia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Colombia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 96% 95% 2020
Gini Index 53.9 points 54.8 points 2023
Happiness Index 6 points 5.7 points 2024
Homicide Rate 27.48 24.24 2021
Population 52.89M 52.32M 2024
Primary Enrollment Rate 104.83% 106.49% 2022