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    Published on Friday, July 26, 2024

    Colombia | Significant reduction in poverty and some poverty gaps

    Summary

    In 2023, there was a significant reduction in poverty, with 33% of the population classified as poor, compared to 36.6% in 2022 and 39.7% in 2021, and there was an important progress in closing some poverty gaps.

    Key points

    • Key points:
    • Among the gaps that fell in 2023 are: rural-urban, age and educational level, among others.
    • Despite the improvements of the last year, the gaps remain wide, with urban poverty at 31% compared to 41% in the countryside; 40% in households headed by young people under 25, compared to 26% of those headed by people over 56; and 40% in those with a self-employed worker or employer as head of household, compared to 19% if salaried.

    Geographies

    Topics

    Authors

    María Claudia Llanes BBVA Research - Senior Economist

    Documents and files

    Press article (PDF)

    20240725_Columna_MC_PM2023-1.pdf

    Spanish - July 26, 2024

    Audio (MP4)

    Colombia-reduccioon-significativa-de-la-pobreza-1.mp4

    Spanish - July 26, 2024

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