Adequacy of social insurance programs in Armenia
Armenia: Adequacy of social insurance programs was 37.5% in 2022. ▲ Rising
Adequacy of social insurance programs in Armenia, 2008–2022
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total welfare of beneficiary households.
Analysis
In 2022, adequacy of social insurance programs in Armenia stood at 37.5%.
That represents a change of down 7.6% on the previous year and up 9.7% over ten years.
Over the whole period, adequacy of social insurance programs in Armenia peaked at 44.6% in 2020 and was at its lowest, 26.9%, in 2008.
That places Armenia 20th out of 34 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Adequacy of social insurance programs in Armenia, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2008 | 26.9% | — |
| 2009 | 33.3% | +23.5% |
| 2010 | 33.6% | +0.8% |
| 2011 | 33.3% | -0.9% |
| 2012 | 34.2% | +2.8% |
| 2013 | 31.7% | -7.4% |
| 2014 | 32.6% | +3.1% |
| 2015 | 33.3% | +1.9% |
| 2016 | 33.6% | +0.9% |
| 2017 | 35.9% | +6.8% |
| 2018 | 36.6% | +2.0% |
| 2019 | 39.3% | +7.4% |
| 2020 | 44.6% | +13.5% |
| 2021 | 40.6% | -9.0% |
| 2022 | 37.5% | -7.6% |
Armenia compared with similar countries
- Armenia's 37.5% is below the median for upper middle income countries, which is 39.8%, 94% of the median. (22 countries reporting)
- Armenia's 37.5% is below the median for Europe & Central Asia, which is 53.8%, 70% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.1% | 26.9% | 33.3% | 2 |
| 2010s | 34.4% | 31.7% | 39.3% | 10 |
| 2020s | 40.9% | 37.5% | 44.6% | 3 |
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is adequacy of social insurance programs in Armenia?
- Adequacy of social insurance programs in Armenia was 37.5% in 2022, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
- What is the highest adequacy of social insurance programs recorded in Armenia?
- The highest recorded value was 44.6% in 2020.
- What is the lowest adequacy of social insurance programs recorded in Armenia?
- The lowest recorded value was 26.9% in 2008.
- How does Armenia rank for adequacy of social insurance programs?
- Armenia ranks 20th out of 34 countries with data for 2022.
- Is adequacy of social insurance programs rising or falling in Armenia?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Adequacy of social insurance programs (% of total welfare of beneficiary households). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adequacy of social insurance programs is measured by the total transfer amount received by the population participating in social insurance programs as a share of their total welfare. Welfare is defined as the total income or total expenditure of beneficiary households. Social insurance programs include old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.