Colombia | Strong poverty reduction in 2022, with some nuances

Summary

In 2022, poverty was 36.6% of the population, compared to 39.7% in 2021. With this, 1.3 million people were lifted out of poverty in Colombia between 2021 and 2022. Economic growth was the main factor that reduced poverty, an effect that was partly moderated by inflation.

Key points

• Key points:
• Poverty reduction was not uniform, being greater in the larger capital cities, among the population in households headed by men or between 36 and 45 years of age, or among the more educated or employed.
• Measures aimed at closing rural-urban and gender gaps, among others, could help reduce poverty, as could those aimed at generating productive and quality jobs.

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