Netflix service in Colombia is one of the cheapest in the world

You could say that Colombians (and much of the world) have got used to the existence of Netflix. The company has targeted the local market by offering a catalog that meets the tastes of the entire population. But not only these benefits have been for this country, but also the company would offer Colombia one of the cheapest subscriptions in the world.

This was revealed by the Comparitech.com platform. This page is dedicated to digital market research to help consumers make better decisions.. His latest research is no exception: he decided to compare Netflix service costs around the world..

Data on Netflix subscriptions from 78 countries worldwide were included in this study. In addition, the number of titles (size of the library) proposed locally was taken into account. So, the data were obtained from territories with the best price / offer ratio.

As a result, Latin American countries were among the best unemployed of all ranks. Not only do they pay for the service on average, but they also have an extensive catalog of series and movies..

In this sense, Colombia was phenomenal. The country has turned out to be the second with the cheapest service and also the second with the best value in the market.

Comparison with other countries

Several countries in Latin America pay very little for Netflix. This is the case for Brazil, Colombia, Mexico and Chile, which pay between 44.6% and 21.5% less for underwriting than the world average ($ 9.35).

The first pays just $ 5.24, while Mexico and Colombia pay $ 5.33. In the case of Chile, this figure is $ 6.65, which remains very cheap. Of these four countries, the one paying the most relative to the minimum wage is Colombia, with 1.10% of this total.

If we compare the number of titles we have in the Netflix library, Colombia outperforms the rest, except Canada. The North American country has a huge list of available productions of 5561 with a price of $ 6.90 per month; so each title costs only 0.0012 USD4. In the case of Colombia, its low price makes this ratio a ratio of US $ 0.00127 per production.

Mexico remains above countries such as the United States with a ratio of 0.00132 USD. At the same time, Chile is lower than the scale, its number representing USD 0.00165.

These numbers are incredibly low when compared to European countries like Denmark. This state has the cheapest price when you pay $ 11.94 per month and you only have 3305 productions (ratio of $ 0.00361). This trend is similar across Europe (with the exception of the United Kingdom), probably because of the high taxes that its citizens usually pay.