Prosperity gap in Colombia
Colombia: Prosperity gap was 4.7 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
Prosperity gap in Colombia, 1980–2024
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
In 2024, prosperity gap in Colombia stood at 4.7 average shortfall from a prosperity standard of $28/day. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 2.1% on the previous year and down 7.8% over ten years.
Over the whole period, prosperity gap in Colombia peaked at 13.9 average shortfall from a prosperity standard of $28/day in 2000 and was at its lowest, 4.7 average shortfall from a prosperity standard of $28/day, in 2024.
Colombia ranks 37th of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.03 average shortfall from a prosperity standard of $28/day | 6.3 average shortfall from a prosperity standard of $28/day | 8.3 average shortfall from a prosperity standard of $28/day | 3 |
| 1990s | 9.82 average shortfall from a prosperity standard of $28/day | 6 average shortfall from a prosperity standard of $28/day | 13.2 average shortfall from a prosperity standard of $28/day | 4 |
| 2000s | 8.35 average shortfall from a prosperity standard of $28/day | 6.1 average shortfall from a prosperity standard of $28/day | 13.9 average shortfall from a prosperity standard of $28/day | 8 |
| 2010s | 5.19 average shortfall from a prosperity standard of $28/day | 4.9 average shortfall from a prosperity standard of $28/day | 5.7 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 5.44 average shortfall from a prosperity standard of $28/day | 4.7 average shortfall from a prosperity standard of $28/day | 7.5 average shortfall from a prosperity standard of $28/day | 5 |
Countries ranked near Colombia
- 34 Lao People’s Democratic Republic 5.1 average shortfall from a prosperity standard of $28/day compare
- 35 Bangladesh 5 average shortfall from a prosperity standard of $28/day compare
- 36 Guatemala 4.8 average shortfall from a prosperity standard of $28/day compare
- 38 Indonesia 4.6 average shortfall from a prosperity standard of $28/day compare
- 39 Kyrgyzstan 4.4 average shortfall from a prosperity standard of $28/day compare
- 39 Philippines 4.4 average shortfall from a prosperity standard of $28/day compare
- 39 Tajikistan 4.4 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Colombia
- Data deprivation poverty surveys per decade 9 (2025)
- Fertility rate vs the share living in extreme poverty 1.65 (2023)
- Cereal yield vs extreme poverty 4,422 (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 2.81 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 25.22 (2023)
- Tax revenues vs income inequality 25.22 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate 14.1 % change on previous year (2023)
- Gender inequality index from the human development report 0.393 (2023)
Frequently asked questions
- What is prosperity gap in Colombia?
- Prosperity gap in Colombia was 4.7 average shortfall from a prosperity standard of $28/day in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Colombia?
- The highest recorded value was 13.9 average shortfall from a prosperity standard of $28/day in 2000.
- What is the lowest prosperity gap recorded in Colombia?
- The lowest recorded value was 4.7 average shortfall from a prosperity standard of $28/day in 2024.
- How does Colombia rank for prosperity gap?
- Colombia ranks 37th out of 123 countries with data for 2024.
- Is prosperity gap rising or falling in Colombia?
- Over the last ten years it is down 7.8%. 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. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.