How does extreme monetary poverty compare to multidimensional poverty? in Colombia
Colombia: How does extreme monetary poverty compare to multidimensional poverty? was 8.5% in 2024. ▼ Falling
How does extreme monetary poverty compare to multidimensional poverty? in Colombia, 1992–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, how does extreme monetary poverty compare to multidimensional poverty? in Colombia stood at 8.5%. 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, how does extreme monetary poverty compare to multidimensional poverty? in Colombia peaked at 29.6% in 2001 and was at its lowest, 8.5%, in 2024.
Colombia ranks 33rd of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
How does extreme monetary poverty compare to multidimensional poverty? 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 How does extreme monetary poverty compare to multidimensional poverty? 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 how does extreme monetary poverty compare to multidimensional poverty? in Colombia?
- How does extreme monetary poverty compare to multidimensional poverty? 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 how does extreme monetary poverty compare to multidimensional poverty? recorded in Colombia?
- The highest recorded value was 29.6% in 2001.
- What is the lowest how does extreme monetary poverty compare to multidimensional poverty? recorded in Colombia?
- The lowest recorded value was 8.5% in 2024.
- How does Colombia rank for how does extreme monetary poverty compare to multidimensional poverty??
- Colombia ranks 33rd out of 120 countries with data for 2024.
- Is how does extreme monetary poverty compare to multidimensional poverty? 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 How does extreme monetary poverty compare to multidimensional poverty?. 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
Percentage of population living in households with an income or consumption below $3 per day.