IBOV 176,111.45 ▼ 0.91% IPSA 11,309.36 ▲ 1.36% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,143,811 ▼ 0.40% COLCAP 2,358.74 ▲ 0.59% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL5.10▼ 0.33% USD/MXN17.21▼ 0.10% USD/CLP914.05▲ 0.05% USD/COP3,149▼ 1.81% USD/PEN3.38▼ 0.29% USD/ARS1,500▲ 0.22% USD/UYU40.24▲ 1.20% USD/PYG5,919▲ 1.22% USD/BOB11.81▼ 1.32% USD/DOP58.23▼ 0.12% USD/CRC449.80▲ 1.96% USD/GTQ7.62▲ 2.31% USD/HNL26.78▲ 0.64% USD/NIO36.62▲ 0.75% USD/VES754.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.31% USD/TTD6.68▲ 0.31% EUR/BRL5.88▼ 0.82% BRENT 82.70 ▲ 4.09% WTI 77.57 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.74 ▲ 0.50% GOLD 4,308 ▲ 1.46% SILVER 61.94 ▼ 0.26% SOY 1,178 ▲ 2.26% CORN 461.25 ▲ 5.61% WHEAT 630.50 ▼ 1.83% COFFEE 324.25 ▼ 0.81% SUGAR 15.58 ▲ 2.84% ORANGE JUICE 152.55 ▼ 3.27% COTTON 83.29 ▲ 1.77% COCOA 5,723 ▼ 2.70% BEEF 225.20 ▼ 3.83% CATTLE 341.75 ▼ 3.28% LITHIUM 72.44 ▼ 0.30% PETR4 42.19 ▲ 0.62% VALE3 75.60 ▼ 1.38% ITUB4 42.16 ▼ 0.52% BBDC4 17.74 ▼ 1.72% ABEV3 15.67 ▼ 1.07% BBAS3 20.33 ▼ 3.42% B3SA3 15.38 ▼ 1.09% WEGE3 48.52 ▼ 0.57% PRIO3 58.74 ▼ 0.78% SUZB3 42.10 ▼ 1.73% RENT3 38.18 ▼ 2.60% AZZA3 16.13 ▲ 1.07% CSAN3 3.82 ▼ 2.30% RAIZ4 0.26 — 0.00% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.54 ▼ 1.76% CVCB3 1.57 ▲ 1.29% POSI3 3.47 ▲ 0.29% SLCE3 13.35 ▼ 1.18% NATU3 8.19 ▼ 1.33% BRKM5 6.04 ▲ 2.90% RANI3 8.33 ▼ 0.72% CSNA3 4.80 ▼ 1.84% CMIN3 5.78 ▼ 2.03% USIM5 7.25 ▼ 2.82% GGBR4 25.88 ▼ 1.63% ENEV3 26.62 ▼ 1.33% CPFE3 45.70 ▼ 0.85% CMIG4 11.17 ▼ 0.71% EQTL3 38.37 ▼ 2.07% LREN3 13.53 ▼ 1.02% VIVT3 31.18 ▼ 0.10% RAIL3 13.71 ▼ 2.00% KLABIN 18.05 ▼ 3.17% RAIA DROGASIL 20.18 ▼ 1.80% RDOR3 33.95 ▼ 1.45% HAPV3 11.15 ▲ 0.36% FLRY3 17.20 ▼ 0.92% SMTO3 14.74 ▲ 3.08% UGPA3 32.76 ▲ 1.08% VBBR3 34.96 ▼ 0.37% BBSE3 41.16 ▼ 1.22% BPAC11 56.56 ▼ 0.44% CURY3 31.72 ▼ 0.97% AERI3 2.27 ▼ 1.30% VIVARA 21.83 ▼ 2.06% COMPASS 23.40 ▼ 3.39% VAMOS 3.13 ▼ 5.72% SANB11 29.51 ▲ 0.10% ASAI3 8.66 ▼ 1.93% SBSP3 27.41 ▼ 1.08% WALMEX 49.40 ▲ 1.79% GMEXICO 220.77 ▼ 0.72% FEMSA 210.21 ▼ 1.95% CEMEX 19.56 ▼ 2.00% GFNORTE 198.80 ▼ 0.07% BIMBO 60.80 ▼ 0.59% TELEVISA 9.74 ▲ 2.31% AMX 20.68 ▼ 0.53% GAP 382.36 ▲ 2.12% ASUR 278.56 ▲ 2.06% OMA 238.22 ▲ 0.90% KOF 188.29 ▲ 0.57% GRUMA 254.30 ▼ 1.08% KIMBER 40.23 ▲ 0.17% SQM-B 66,420 ▲ 3.86% COPEC 6,284 ▼ 0.06% BSANTANDER 81.62 ▲ 1.77% FALABELLA 6,438 ▲ 1.45% ENELAM 87.67 ▲ 0.71% CENCOSUD 2,062 ▲ 2.06% CMPC 1,030 ▼ 0.01% BANCO CHILE 192.39 ▲ 1.14% LATAM AIR 26.40 ▲ 0.08% YPF 7,875 ▲ 2.47% GGAL 7,480 ▼ 2.09% PAMPA 5,250 ▼ 1.13% TXAR 684.00 ▲ 0.44% ALUAR 933.00 ▼ 0.74% TGS 9,280 ▲ 0.38% CEPU 2,229 ▼ 1.50% MIRGOR 1,620 — 0.00% COME 41.10 ▼ 0.84% LOMA NEGRA 3,470 ▼ 0.79% BYMA 289.00 ▲ 0.17% TELECOM ARG 4,375 ▲ 0.92% ECOPETROL 17.33 ▲ 5.74% BANCOLOMBIA 91.28 ▲ 1.26% GRUPO AVAL 5.15 ▼ 2.83% CREDICORP 393.27 ▼ 0.41% SOUTHERN COPPER 194.69 ▼ 1.17% BUENAVENTURA 32.58 ▼ 1.27% MERCADOLIBRE 1,815 ▼ 5.57% NUBANK 14.14 ▼ 2.38% XP 16.87 ▼ 0.65% PAGSEGURO 9.28 ▼ 1.33% STONE 11.15 ▼ 0.22% GLOBANT 36.96 ▼ 3.70% TECNOGLASS 45.28 ▼ 5.18% GAP AIRPORT 222.24 ▲ 2.17% ASUR 278.56 ▲ 2.06% OMA AIRPORT 110.95 ▲ 1.22% AMX ADR 23.94 ▼ 0.33% FEMSA ADR 122.26 ▼ 1.70% CEMEX ADR 11.33 ▼ 1.95% PETROBRAS ADR 18.56 ▲ 1.09% VALE ADR 14.79 ▼ 1.04% ITAU ADR 8.25 ▲ 0.43% SANTANDER BR 5.84 ▲ 0.78% AMBEV ADR 3.03 — 0.00% CSN 0.96 ▼ 2.62% GERDAU 5.10 ▼ 0.78% LATAM ADR 57.60 ▼ 0.17% BTC 64,377 ▼ 0.34% ETH 1,907 ▲ 0.01% SOL 72.58 ▼ 1.87% XRP 1.03 ▼ 2.64% BNB 590.17 ▼ 0.51% ADA 0.20 ▲ 5.92% DOGE 0.07 ▼ 1.82% AVAX 6.45 ▼ 3.05% LINK 8.23 ▲ 0.94% DOT 0.82 ▼ 2.33% LTC 45.44 ▲ 0.37% BCH 213.66 ▼ 0.31% TRX 0.33 ▼ 0.11% XLM 0.16 ▼ 2.39% HBAR 0.07 ▼ 0.80% NEAR 1.66 ▼ 2.15% ATOM 1.36 ▲ 0.68% AAVE 88.88 ▼ 0.96% SELIC 14.00% EMBRAER 91.50 ▼ 1.62% EMBRAER ADR 71.79 ▼ 1.36% JBS 13.69 ▼ 0.11% JBS BDR 69.63 ▼ 1.29% MBRF3 16.55 ▼ 1.31% MBRFY 3.22 ▲ 3.21% INTER 5.78 ▲ 1.25% EGX 54,677 ▲ 0.03% USD/ZAR16.35▲ 0.19% USD/NGN1,361▼ 0.11% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,636 ▲ 0.05% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY158.40▲ 0.41% USD/CNY6.74▼ 0.10% DAX 26,140 ▲ 0.05% CAC 8,700 ▲ 0.35% FTSE 10,868 ▼ 0.19% MIB 53,683 ▲ 0.44% IBEX 20,180 ▲ 0.62% STOXX 658.19 ▲ 0.16% EUR/USD1.15▼ 0.26% GBP/USD1.35▲ 0.02% SPX 7,715 ▼ 0.11% DJI 53,943 ▼ 0.75% NDX 29,410 ▼ 0.26% RUT 3,009 ▼ 0.35% TSX 36,097 ▼ 0.14% VIX 15.15 ▼ 4.17% USD/CAD1.40▲ 0.02% US10Y 4.6700 ▲ 1.15% IBOV 176,111.45 ▼ 0.91% IPSA 11,309.36 ▲ 1.36% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,143,811 ▼ 0.40% COLCAP 2,358.74 ▲ 0.59% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL 5.10 ▼ 0.39% USD/MXN 17.20 ▼ 0.17% USD/CLP 914.05 ▲ 0.05% USD/COP 3,149 ▼ 1.81% USD/PEN 3.38 ▼ 0.29% USD/ARS 1,500 ▲ 0.22% USD/UYU 40.24 ▲ 1.20% USD/PYG 5,919 ▲ 1.22% USD/BOB 11.81 ▼ 1.32% USD/DOP 58.23 ▼ 0.12% USD/CRC 449.80 ▲ 1.96% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.78 ▲ 0.64% USD/NIO 36.62 ▲ 0.75% USD/VES 754.01 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.31% USD/TTD 6.68 ▲ 0.31% EUR/BRL 5.88 ▼ 0.85% BRENT 82.70 ▲ 4.09% WTI 77.57 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.74 ▲ 0.50% GOLD 4,308 ▲ 1.46% SILVER 61.94 ▼ 0.26% SOY 1,178 ▲ 2.26% CORN 461.25 ▲ 5.61% WHEAT 630.50 ▼ 1.83% COFFEE 324.25 ▼ 0.81% SUGAR 15.58 ▲ 2.84% ORANGE JUICE 152.55 ▼ 3.27% COTTON 83.29 ▲ 1.77% COCOA 5,723 ▼ 2.70% BEEF 225.20 ▼ 3.83% CATTLE 341.75 ▼ 3.28% LITHIUM 72.44 ▼ 0.30% PETR4 42.19 ▲ 0.62% VALE3 75.60 ▼ 1.38% ITUB4 42.16 ▼ 0.52% BBDC4 17.74 ▼ 1.72% ABEV3 15.67 ▼ 1.07% BBAS3 20.33 ▼ 3.42% B3SA3 15.38 ▼ 1.09% WEGE3 48.52 ▼ 0.57% PRIO3 58.74 ▼ 0.78% SUZB3 42.10 ▼ 1.73% RENT3 38.18 ▼ 2.60% AZZA3 16.13 ▲ 1.07% CSAN3 3.82 ▼ 2.30% RAIZ4 0.26 — 0.00% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.54 ▼ 1.76% CVCB3 1.57 ▲ 1.29% POSI3 3.47 ▲ 0.29% SLCE3 13.35 ▼ 1.18% NATU3 8.19 ▼ 1.33% BRKM5 6.04 ▲ 2.90% RANI3 8.33 ▼ 0.72% CSNA3 4.80 ▼ 1.84% CMIN3 5.78 ▼ 2.03% USIM5 7.25 ▼ 2.82% GGBR4 25.88 ▼ 1.63% ENEV3 26.62 ▼ 1.33% CPFE3 45.70 ▼ 0.85% CMIG4 11.17 ▼ 0.71% EQTL3 38.37 ▼ 2.07% LREN3 13.53 ▼ 1.02% VIVT3 31.18 ▼ 0.10% RAIL3 13.71 ▼ 2.00% KLABIN 18.05 ▼ 3.17% RAIA DROGASIL 20.18 ▼ 1.80% RDOR3 33.95 ▼ 1.45% HAPV3 11.15 ▲ 0.36% FLRY3 17.20 ▼ 0.92% SMTO3 14.74 ▲ 3.08% UGPA3 32.76 ▲ 1.08% VBBR3 34.96 ▼ 0.37% BBSE3 41.16 ▼ 1.22% BPAC11 56.56 ▼ 0.44% CURY3 31.72 ▼ 0.97% AERI3 2.27 ▼ 1.30% VIVARA 21.83 ▼ 2.06% COMPASS 23.40 ▼ 3.39% VAMOS 3.13 ▼ 5.72% SANB11 29.51 ▲ 0.10% ASAI3 8.66 ▼ 1.93% SBSP3 27.41 ▼ 1.08% WALMEX 49.40 ▲ 1.79% GMEXICO 220.77 ▼ 0.72% FEMSA 210.21 ▼ 1.95% CEMEX 19.56 ▼ 2.00% GFNORTE 198.80 ▼ 0.07% BIMBO 60.80 ▼ 0.59% TELEVISA 9.74 ▲ 2.31% AMX 20.68 ▼ 0.53% GAP 382.36 ▲ 2.12% ASUR 278.56 ▲ 2.06% OMA 238.22 ▲ 0.90% KOF 188.29 ▲ 0.57% GRUMA 254.30 ▼ 1.08% KIMBER 40.23 ▲ 0.17% SQM-B 66,420 ▲ 3.86% COPEC 6,284 ▼ 0.06% BSANTANDER 81.62 ▲ 1.77% FALABELLA 6,438 ▲ 1.45% ENELAM 87.67 ▲ 0.71% CENCOSUD 2,062 ▲ 2.06% CMPC 1,030 ▼ 0.01% BANCO CHILE 192.39 ▲ 1.14% LATAM AIR 26.40 ▲ 0.08% YPF 7,875 ▲ 2.47% GGAL 7,480 ▼ 2.09% PAMPA 5,250 ▼ 1.13% TXAR 684.00 ▲ 0.44% ALUAR 933.00 ▼ 0.74% TGS 9,280 ▲ 0.38% CEPU 2,229 ▼ 1.50% MIRGOR 1,620 — 0.00% COME 41.10 ▼ 0.84% LOMA NEGRA 3,470 ▼ 0.79% BYMA 289.00 ▲ 0.17% TELECOM ARG 4,375 ▲ 0.92% ECOPETROL 17.33 ▲ 5.74% BANCOLOMBIA 91.28 ▲ 1.26% GRUPO AVAL 5.15 ▼ 2.83% CREDICORP 393.27 ▼ 0.41% SOUTHERN COPPER 194.69 ▼ 1.17% BUENAVENTURA 32.58 ▼ 1.27% MERCADOLIBRE 1,815 ▼ 5.57% NUBANK 14.14 ▼ 2.38% XP 16.87 ▼ 0.65% PAGSEGURO 9.28 ▼ 1.33% STONE 11.15 ▼ 0.22% GLOBANT 36.96 ▼ 3.70% TECNOGLASS 45.28 ▼ 5.18% GAP AIRPORT 222.24 ▲ 2.17% ASUR 278.56 ▲ 2.06% OMA AIRPORT 110.95 ▲ 1.22% AMX ADR 23.94 ▼ 0.33% FEMSA ADR 122.26 ▼ 1.70% CEMEX ADR 11.33 ▼ 1.95% PETROBRAS ADR 18.56 ▲ 1.09% VALE ADR 14.79 ▼ 1.04% ITAU ADR 8.25 ▲ 0.43% SANTANDER BR 5.84 ▲ 0.78% AMBEV ADR 3.03 — 0.00% CSN 0.96 ▼ 2.62% GERDAU 5.10 ▼ 0.78% LATAM ADR 57.60 ▼ 0.17% BTC 64,377 ▼ 0.34% ETH 1,907 ▲ 0.01% SOL 72.58 ▼ 1.87% XRP 1.03 ▼ 2.64% BNB 590.17 ▼ 0.51% ADA 0.20 ▲ 5.92% DOGE 0.07 ▼ 1.82% AVAX 6.45 ▼ 3.05% LINK 8.23 ▲ 0.94% DOT 0.82 ▼ 2.33% LTC 45.44 ▲ 0.37% BCH 213.66 ▼ 0.31% TRX 0.33 ▼ 0.11% XLM 0.16 ▼ 2.39% HBAR 0.07 ▼ 0.80% NEAR 1.66 ▼ 2.15% ATOM 1.36 ▲ 0.68% AAVE 88.88 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Colombia’s multidimensional poverty dropped to 12.9% in 2022: how many are affected?

By · May 23, 2023 · 2 min read

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By Valerie Cifuentes

After the spike in 2020 due to the coronavirus crisis, in 2022, multidimensional poverty in Colombia reached 12.9% of the population, a reduction of 3.1 percentage points (pps) compared to what was reported in 2021 (16%), said the National Administrative Department of Statistics (Dane).

This means that Colombia went from having approximately 8.1 million people with low quality of life conditions in 2021 to 6.6 million in 2022, according to the statistical entity.

This means that 1.47 million people escaped from multidimensional poverty in 2021.

Multidimensional poverty in Colombia dropped to 12.9% in 2022 (Photo internet reproduction)
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It is worth mentioning that multidimensional poverty also fell in the cities (capitals) and rural areas (populated centers and dispersed rural areas).

In 2022, 8.7% of the population living in cities was in this type of poverty, while in rural areas, it reached 27.3% of the population.

According to Dane data, the figures reported in 2022 were the lowest for multidimensional poverty in the last 12 years.

It should be noted that unlike monetary poverty, which broadly reviews how many Colombians have the minimum income to live with the basics per month, multidimensional poverty asks about the conditions in which Colombians live through five major dimensions:

  • educational conditions of the household,
  • housing and public services conditions,
  • conditions of children and adolescents,
  • health,
  • and work.

WHAT EXPLAINS THE REDUCTION OF MULTIDIMENSIONAL POVERTY IN 2022?

According to the director of the Dane, Piedad Urdinola, “One of the most important factors in reducing multidimensional poverty in Colombia during 2022 was to return to face-to-face attendance. This led to school absenteeism being more controlled”.

In the national total and the cities, the reduction in the school absenteeism indicator was the most significant.

In 2022, 2.3% of households in Colombia were deprived of school attendance, while in the case of cities, it was 1.9%.

In both cases, the reduction was approximately 3 points.

In rural areas, the school attendance indicator was the second with the greatest reductions of the 15 analyzed.

The reduction was 3.6 points for 3.6% of households with deprivations in this area.

Without yet knowing the official data on poverty in Colombia in 2022, the government has made some calculations for its reduction goals, but they are not very clear.

Out of 15 indicators that make up the five dimensions that analyze multidimensional poverty in Colombia, there was an improvement in 14 in the national total and the capitals compared to what was reported in 2021.

Thus, according to DANE data, only in the indicator of low educational achievement were improvements in 2022.

Regarding the above, Director Urdinola said that since “many young people stopped attending school because of the pandemic, reenrolling them has been quite complex.”

“Once a child drops out of school, it is difficult for them to return. This is one of the post-pandemic effects we are experiencing”.

In the case of rural areas, out of 15 indicators analyzed, 3 showed deterioration: long-term unemployment, informal work, and school lag.

With information from Bloomberg

News Colombia, English news Colombia, Colombia’s multidimensional poverty

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