Adequacy of social insurance programs in Sri Lanka
Sri Lanka: Adequacy of social insurance programs was 33.6% in 2019. ▼ Falling
Adequacy of social insurance programs in Sri Lanka, 2006–2019
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 Sri Lanka is 33.6%, measured in 2019.
Compared with earlier readings it is down 3.5% on the previous year and down 4.0% over ten years.
Over the whole period, adequacy of social insurance programs in Sri Lanka peaked at 36.6% in 2006 and was at its lowest, 32.1%, in 2012.
That places Sri Lanka 24th out of 34 countries with data for 2019, putting it in the middle of the range.
Adequacy of social insurance programs in Sri Lanka, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2006 | 36.6% | — |
| 2009 | 34.9% | -4.4% |
| 2012 | 32.1% | -8.1% |
| 2016 | 34.8% | +8.3% |
| 2019 | 33.6% | -3.5% |
Sri Lanka compared with similar countries
- Sri Lanka's 33.6% is below the median for upper middle income countries, which is 39.8%, 84% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.7% | 34.9% | 36.6% | 2 |
| 2010s | 33.5% | 32.1% | 34.8% | 3 |
Countries ranked near Sri Lanka
More work & labour data for Sri Lanka
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5555 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5407 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5702 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.3 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,575 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,218 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 10,672 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 10,578 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 21,249 1000 No (2100)
Frequently asked questions
- What is adequacy of social insurance programs in Sri Lanka?
- Adequacy of social insurance programs in Sri Lanka was 33.6% in 2019, 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 Sri Lanka?
- The highest recorded value was 36.6% in 2006.
- What is the lowest adequacy of social insurance programs recorded in Sri Lanka?
- The lowest recorded value was 32.1% in 2012.
- How does Sri Lanka rank for adequacy of social insurance programs?
- Sri Lanka ranks 24th out of 34 countries with data for 2019.
- Is adequacy of social insurance programs rising or falling in Sri Lanka?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is falling.
- Where does this Sri Lanka 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.