Adequacy of social insurance programs in Chile
Chile: Adequacy of social insurance programs was 30.4% in 2022. ▲ Rising
Adequacy of social insurance programs in Chile, 2006–2022
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total welfare of beneficiary households.
Analysis
The most recent figure for adequacy of social insurance programs in Chile is 30.4%, measured in 2022. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 14.5% over ten years.
Over the whole period, adequacy of social insurance programs in Chile peaked at 30.4% in 2022 and was at its lowest, 23.4%, in 2015.
That places Chile 28th out of 34 countries with data for 2022, putting it in the bottom quarter.
Adequacy of social insurance programs in Chile, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2006 | 27.6% | — |
| 2009 | 25.2% | -9.0% |
| 2011 | 26.6% | +5.6% |
| 2013 | 30.0% | +13.1% |
| 2015 | 23.4% | -22.1% |
| 2017 | 26.5% | +13.2% |
| 2020 | 28.4% | +7.3% |
| 2022 | 30.4% | +6.9% |
Chile compared with similar countries
- Chile's 30.4% is below the median for high income countries, which is 46.2%, 66% of the median. (6 countries reporting)
- Chile's 30.4% is below the median for Latin America & Caribbean, which is 35.3%, 86% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.4% | 25.2% | 27.6% | 2 |
| 2010s | 26.6% | 23.4% | 30.0% | 4 |
| 2020s | 29.4% | 28.4% | 30.4% | 2 |
Countries ranked near Chile
More work & labour data for Chile
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.14 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.14 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.15 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.62 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2334 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 19,028 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,690 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 6,735 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 6,695 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 13,431 1000 No (2100)
Frequently asked questions
- What is adequacy of social insurance programs in Chile?
- Adequacy of social insurance programs in Chile was 30.4% 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 Chile?
- The highest recorded value was 30.4% in 2022.
- What is the lowest adequacy of social insurance programs recorded in Chile?
- The lowest recorded value was 23.4% in 2015.
- How does Chile rank for adequacy of social insurance programs?
- Chile ranks 28th out of 34 countries with data for 2022.
- Is adequacy of social insurance programs rising or falling in Chile?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is rising.
- Where does this Chile 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
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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.