Colombia is a country with a diverse and constantly developing economy. One of the topics that is always interesting and discussed is the concept. social classes and how they are defined in economic terms.
know what National Association of Financial Institutions (ANIF) on metrics and how they affect the classification of Colombian households.
The concept of upper class is a term that evokes the image of wealth and wealth, but in Colombia this status defined differently than expected.
According to a recent ANIF report, per capita income plays a fundamental role in determining the number of households. social classes in the country.
What can be considered? a class can vary significantly. Therefore, it is necessary to understand these basic concepts for its measurement.
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This variable measures: Income earned by each individual in the household in a given period of time. The National Administrative Statistics Office (DANE) calculates this indicator by adding up and weighting the different types of income in the household over the course of a month.
This includes labor income, transfers such as subsidies, income from assets, scholarships and pensions. Total divided by the number of members in the householdknown as spending units.
According to estimates provided by the National Association of Financial Institutions (ANIF), social classes in Colombia in terms of Colombian pesos are as follows:
Sub class: Income is under $420,676.
Sensitive: Income is between $420,676 and $780,292.
Middle class: Income ranges from $780.292 to $4,201,570.
Upper class: Revenue is over $4,201,570.
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These data highlight the importance of considering not only total household income, but also how this income is distributed among members. ANIF gives an example of this the size of the gaps:
For example, a family of four with two working members and their total income of 1000 TL. two million eight hundred thousand pesos classified as middle class.
This is because they each receive 700,000 pesos, with the income divided among family members. But even if the same family wins 14 million pesos will continue to be considered middle class.
SOPHIA SALAMANCA GOMEZ
DIGITAL SCOPE WRITING
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