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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.

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.

BBVA Research present the report on the Colombian real estate sector for the year 2022. This edition covers the dynamics and structure of the sector, its prices and costs, financing and interest rates, the non-residential market and the long-te…

The estimates made by ECLAC, Coneval and BBVA Research are presented on the effect that the current crisis by Covid-19 can have on the increase in poverty and extreme poverty levels in Mexico in 2020.

Between 2008 and 2018, poverty in Mexico decreased from 44.4% to 41.9%, but increased in absolute terms, from 49.5 to 52.4 million people. In equity of income, measured by the Gini coefficient, Mexico would move from place 136 to 122 of a total…

27% of remittances-receiving households are in the two lower income deciles, and 12.7% in the two upper deciles. Households that received remittances have a consumption pattern very similar to the national average. 36.0% of the expenditure went to food, beverages and tobacco, and 18.6% in transportation and communication.

A profile of the Colombian consumer was created by analyzing different variables that determine their consumption decisions, such as: age, sex, income, household size, source of income, form and place of payment, purchasing power and consumption habits.

The legislative framework for the Duque government's development plan currently being debated by the Colombian Congress includes a proposal to alter the allocation of energy subsidies to strata 1, 2 and 3 of the population. This has caused a gr…