Silver economy gains ground in Colombia: it accounts for nearly 12% of GDP and moves $121 trillion
The population over 50, about 14 million people in Colombia, is driving the so-called silver economy, which already accounts for nearly 12% of national GDP and an estimated annual spending of $121 trillion, according to Colpensiones' Silver Economy in Colombia study. Dane projects that by 2050 four out of 10 Colombians will be 50 or older. An IDB report shows that 40% of companies in this market offer health and dependency care services, and 8% are in finance.
In 40 seconds
- The silver economy contributes nearly 12% of Colombia's GDP and records annual spending of $121 trillion, according to Colpensiones.
- About 14 million Colombians are over 50 and some 8 million are over 60, according to Dane.
- The IDB indicates that 40% of companies in this market offer health and dependency care; finance accounts for 8%.
Read the full story at El Colombiano
IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.
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