Colombia’s solid economic growth sinceearly 2000s has led to significant social improvements.Since the turn of the century, extreme poverty in Colombiaalmost halved, falling from 17.7 percent in 2002 to 7.4percent in 2017. Similarly, moderate poverty fell from 49.7percent to 26.9 percent over the same period (Figures 1 and2). In absolute terms, the number of poor individuals inColombia declined from about 20 million in 2002 toapproximately 12.8 million in 2017. The downward trend inpoverty was halted in 2016, however it went back to itsdownward trend on 2017. From 2016 to 2017 both moderatepoverty and extreme poverty decrease in 1.1 percentagepoints (p.p.), moderate poverty went from 28 to 26.9percent, while, extreme poverty was 8.5 percent in 2016 and7.4 in 2017. Such decrease was primarily driven by a lowerincidence of poverty in rural areas, where extreme andmoderate poverty rates fell respectively by 2.7 and 2.6 p.p.Similarly, the urban areas saw a reduction of moderatepoverty (from 24.9 to 24.2 percent), while extreme povertyrate has remained virtually flat since 2014, at around 5 percent.