Colombia poverty declined in 2021, but aloof above pre-pandemic ranges

© Reuters. FILE PHOTO: Males sleep in a sport heart the save a community of homeless Venezuelan migrants stays, in Cucuta, Colombia January 23, 2018. Image taken January 23, 2018. REUTERS/Carlos Garcia Rawlins/File Picture

BOGOTA (Reuters) – Poverty ranges in Colombia fell closing year versus 2020, amid an financial recovery within the Andean country, but absorb yet to advance assist to ranges viewed sooner than the coronavirus pandemic, the govt. talked about on Tuesday.

The portion of Colombians residing in poverty fell to 39.3% in 2021, when put next with 42.5% in 2020, the govt.’s DANE statistics company talked about. In 2019 the establish stood at 35.7%.

“Even though now we absorb got viewed famous recoveries between 2020 and 2021, they’ve now not been enough for folks’s accurate per capita income to be larger in accurate phrases than in 2019,” DANE director Juan Daniel Oviedo talked about in a virtual press conference.

Excessive poverty in 2021 retreated to 12.2%, from 15.1% the previous year, the company added.

The alternate in poverty charges came in tandem with financial recovery: Latin The United States’s fourth-largest financial system expanded by 10.6% closing year.

Some 19.6 million folks in Colombia, out of a inhabitants of 50 million, absorb been in poverty on the stop of 2021, whereas 6.1 million lived in outrageous poverty, DANE talked about.

Closing year, 1.4 million folks left poverty, whereas 1.3 million left outrageous poverty, the company added.

Poverty in Colombia’s urban areas, home to the bulk of the inhabitants, closed closing year at around 37.8%, whereas outrageous poverty became once 10.3%.

The DANE company defines poverty as those surviving on some $3 per day, whereas those in outrageous poverty continue to exist $1.36 a day or much less.