page_title: Middle class in Colombia
section_title: Current middle class
hierarchical_section_title: Middle class in Colombia / Current middle class
caption_attribution_description: English: An apartment complex categorised as strata 4
context_page_description: The Colombian middle class is a social class in Colombia, it is a broadly used term. There are many definitions. Middle class also has subcategories, such as upper middle class and lower middle and it can contain a very large number of individuals with vastly different professions and ways of living. Middle class and the overall standards of living are affected by the economy of a country, one which has a growing economy and positive economic indicators, will be more likely to have a larger middle class with decent standards of living and less inequality. Colombia is a country that has been experiencing a significantly fast economic growth, which has impacted the income, wealth and expenditure of its population, and the proportion of its population belonging to middle class.
  In 1993, the population in the lower class in Latin America was 2.5 times the population in the middle class. 10 years later, this two subgroups had approximately the same amount of individuals
context_section_description: According to a report from the world bank, middle class has grown by 50% in Latin America, from the years 2003 to 2009.
caption: Stratum 4 residential building
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