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January 19, 2022
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Almost four out of 10 Colombians still report that their finances have been affected by the pandemic

Almost four out of 10 Colombians still report that their finances have been affected by the pandemic

A recent study by the firm TransUnión revealed that the 37% of Colombians still report an impact on their finances due to the tail end of covid-19.

However, this percentage is lower compared to the 50% that indicated affectation at the beginning of 2021.

The analysis details that the percentage of those who consider that they will have difficulty with their household income is lowertor, after going from 29% in the first quarter of 2021, to 23% in the last quarter.

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However, the report details that despite the improvement in the finances of households in all income groups, Precisely those with lower incomes continued to be the most affected, as follows:

– 68% of households with the lowest income (less than one million monthly).

– 42% of households with average income (between $1 million and $3 million per month)

– 24% of households with higher incomes (greater than $3 million per month).

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In labor matters, the 27% of consumers surveyed said someone in their household lost their job, down from 36% in the first quarter.

Also, the report concluded that 86% of impacted consumers are currently worried about paying their debts, while 45% believe they cannot pay at least one of them in full, which shows a significant decrease with the first quarter of 2021, when it was 56%.

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