Extreme monetary poverty and multidimensional poverty over time in Colombia
Colombia: Extreme monetary poverty and multidimensional poverty over time was 8.5% in 2024. ▼ Falling
Extreme monetary poverty and multidimensional poverty over time in Colombia, 1992–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for extreme monetary poverty and multidimensional poverty over time in Colombia is 8.5%, measured in 2024. That is the lowest value across all 26 years on record.
That represents a change of down 1.5% on the previous year and down 22.3% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time in Colombia peaked at 29.6% in 2001 and was at its lowest, 8.5%, in 2024.
That places Colombia 33rd out of 120 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Extreme monetary poverty and multidimensional poverty over time in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 16.0% | — |
| 1996 | 24.8% | +54.6% |
| 1999 | 28.2% | +13.7% |
| 2000 | 23.9% | -15.1% |
| 2001 | 29.6% | +23.6% |
| 2002 | 21.2% | -28.2% |
| 2003 | 19.8% | -6.9% |
| 2004 | 19.2% | -2.8% |
| 2005 | 16.8% | -12.5% |
| 2008 | 16.3% | -3.3% |
| 2009 | 15.1% | -7.1% |
| 2010 | 13.3% | -11.7% |
| 2011 | 11.3% | -15.4% |
| 2012 | 12.7% | +12.9% |
| 2013 | 11.8% | -7.2% |
| 2014 | 10.9% | -7.4% |
| 2015 | 10.2% | -6.8% |
| 2016 | 10.1% | -1.5% |
| 2017 | 9.5% | -5.2% |
| 2018 | 9.8% | +3.2% |
| 2019 | 11.3% | +14.9% |
| 2020 | 15.8% | +39.6% |
| 2021 | 11.2% | -28.8% |
| 2022 | 9.3% | -17.5% |
| 2023 | 8.6% | -6.8% |
| 2024 | 8.5% | -1.5% |
Colombia compared with similar countries
- Colombia's 8.5% is above the median for upper middle income countries, which is 1.6%, 5.3× the median. (35 countries reporting)
- Colombia's 8.5% is above the median for Latin America & Caribbean, which is 3.1%, 2.8× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Extreme monetary poverty and multidimensional poverty over time in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +54.6% | 16.0% | 24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.0% | 16.0% | 28.2% | 3 |
| 2000s | 20.2% | 15.1% | 29.6% | 8 |
| 2010s | 11.1% | 9.5% | 13.3% | 10 |
| 2020s | 10.7% | 8.5% | 15.8% | 5 |
Countries ranked near Colombia
More poverty & inequality data for Colombia
- Number of income/consumption surveys in the past decade available via the World Bank 9 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.65 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,422 kg per hectare (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 revenue as share of GDP vs. income inequality 25.2% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is extreme monetary poverty and multidimensional poverty over time in Colombia?
- Extreme monetary poverty and multidimensional poverty over time in Colombia was 8.5% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Colombia?
- The highest recorded value was 29.6% in 2001.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Colombia?
- The lowest recorded value was 8.5% in 2024.
- How does Colombia rank for extreme monetary poverty and multidimensional poverty over time?
- Colombia ranks 33rd out of 120 countries with data for 2024.
- Is extreme monetary poverty and multidimensional poverty over time rising or falling in Colombia?
- Over the last ten years it is down 22.3%. 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $3 per day.