economy and politics

How much must a person earn in Colombia to be considered middle class?

Middle class income

In Colombia, authorities classified the country’s residents according to their income levels to have a clear economic picture. ANDl National Administrative Department of Statistics (Dane) released the details about each economic category. CHow much money should a person receive monthly to be considered middle class?

How much money should a middle class person earn?

The income of a middle class person.

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Taking into consideration the criteria presented by Dane, The distribution of the classes would establish that 36.6% of Colombian residents are in poverty, 30.7% in a vulnerable situation in the company of 29.9% of people who make up the middle class and 2.8% of individuals who are part of the upper class.

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The truth is that a third of the total population of Colombian territory has financial problems, since their income is not enough to cover basic needs and it is possible that some of these households are beneficiaries of the different subsidies currently provided by the national government. .

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Now, when the time comes to refer to The monthly amount of income that makes up the middle class can be added to be salaries between $781,000 and $4,206,033 pesos per month.

You should know that the people who make up this population group can buy different goods and services, such as amounts for streaming platforms, mobile devices, and even think about expenses such as travel.

middle class income

How much money should a middle class person receive per month.

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What are the estimated monthly amounts for the other social classes in Colombia?

According to a report carried out by the National Association of Financial Institutions (ANIF) It was possible to know the average value of earnings of the different classes in the country.

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– Low class: income below 420,676 pesos.

– Vulnerable class: income between 420,676 and 781,000 pesos.

– Middle class: income between 781,000 and 4,201,570 pesos.

– Upper class: income above 4,201,570 pesos.

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