Adequacy of benefits in 3rd quintile (%) - All Social Insurance in South Africa
South Africa: Adequacy of benefits in 3rd quintile (%) - All Social Insurance was 62.8% in 2021. ▲ Rising
Adequacy of benefits in 3rd quintile (%) - All Social Insurance in South Africa, 2005–2021
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 3rd quintile (%) - all social insurance in South Africa is 62.8%, measured in 2021.
Compared with earlier readings it is up 3.0% on the previous year and up 8.9% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - all social insurance in South Africa peaked at 108.5% in 2018 and was at its lowest, 42.5%, in 2016.
That places South Africa 5th out of 34 countries with data for 2021, putting it in the top quarter.
Adequacy of benefits in 3rd quintile (%) - All Social Insurance in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 44.9% | — |
| 2014 | 57.7% | +28.5% |
| 2016 | 42.5% | -26.3% |
| 2018 | 108.5% | +155.4% |
| 2019 | 61.9% | -42.9% |
| 2020 | 61.0% | -1.6% |
| 2021 | 62.8% | +3.0% |
South Africa compared with similar countries
- South Africa's 62.8% is above the median for upper middle income countries, which is 48.7%, 1.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.9% | 44.9% | 44.9% | 1 |
| 2010s | 67.6% | 42.5% | 108.5% | 4 |
| 2020s | 61.9% | 61.0% | 62.8% | 2 |
Countries ranked near South Africa
More work & labour data for South Africa
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.2264 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.242 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.2122 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.23 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8748 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 58,057 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,698 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 49,126 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 45,189 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 94,314 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in 3rd quintile (%) - all social insurance in South Africa?
- Adequacy of benefits in 3rd quintile (%) - all social insurance in South Africa was 62.8% in 2021, according to ASPIRE.
- What is the highest adequacy of benefits in 3rd quintile (%) - all social insurance recorded in South Africa?
- The highest recorded value was 108.5% in 2018.
- What is the lowest adequacy of benefits in 3rd quintile (%) - all social insurance recorded in South Africa?
- The lowest recorded value was 42.5% in 2016.
- How does South Africa rank for adequacy of benefits in 3rd quintile (%) - all social insurance?
- South Africa ranks 5th out of 34 countries with data for 2021.
- Is adequacy of benefits in 3rd quintile (%) - all social insurance rising or falling in South Africa?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 3rd quintile (%) - All Social Insurance. Statizoid updates them automatically from the source API.
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About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group