Adequacy of social insurance programs in Peru
Peru: Adequacy of social insurance programs was 23.8% in 2022. ▲ Rising
Adequacy of social insurance programs in Peru, 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 Peru stood at 23.8%.
Compared with earlier readings it is down 6.2% on the previous year and up 14.6% over ten years.
Over the whole period, adequacy of social insurance programs in Peru peaked at 25.9% in 2020 and was at its lowest, 19.9%, in 2014.
That places Peru 33rd out of 34 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Adequacy of social insurance programs in Peru, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2008 | 23.5% | — |
| 2009 | 24.4% | +4.0% |
| 2010 | 23.9% | -2.4% |
| 2011 | 22.0% | -7.7% |
| 2012 | 20.8% | -5.5% |
| 2013 | 20.0% | -3.7% |
| 2014 | 19.9% | -0.7% |
| 2015 | 21.9% | +10.2% |
| 2016 | 22.3% | +1.4% |
| 2017 | 22.9% | +2.8% |
| 2018 | 22.9% | -0.1% |
| 2019 | 23.3% | +2.1% |
| 2020 | 25.9% | +11.2% |
| 2021 | 25.4% | -2.0% |
| 2022 | 23.8% | -6.2% |
Peru compared with similar countries
- Peru's 23.8% is below the median for upper middle income countries, which is 39.8%, 60% of the median. (22 countries reporting)
- Peru's 23.8% is below the median for Latin America & Caribbean, which is 35.3%, 68% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.0% | 23.5% | 24.4% | 2 |
| 2010s | 22.0% | 19.9% | 23.9% | 10 |
| 2020s | 25.1% | 23.8% | 25.9% | 3 |
Countries ranked near Peru
- 31 Honduras 27.6% compare
- 32 Côte d'Ivoire 27.1% compare
- 34 El Salvador 19.8% compare
More work & labour data for Peru
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4349 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4225 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4473 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6786 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 35,667 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,953 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,027 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,136 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,163 1000 No (2100)
Frequently asked questions
- What is adequacy of social insurance programs in Peru?
- Adequacy of social insurance programs in Peru was 23.8% 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 Peru?
- The highest recorded value was 25.9% in 2020.
- What is the lowest adequacy of social insurance programs recorded in Peru?
- The lowest recorded value was 19.9% in 2014.
- How does Peru rank for adequacy of social insurance programs?
- Peru ranks 33rd out of 34 countries with data for 2022.
- Is adequacy of social insurance programs rising or falling in Peru?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Peru 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.
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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.