Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Dominican Republic
Dominican Republic: Benefit-cost ratio - All Social Insurance -1st quintile (poorest) was 0.0485 in 2019. ▼ Falling
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Dominican Republic, 2007–2019
Source: ASPIRE.
Analysis
Dominican Republic recorded 0.0485 for benefit-cost ratio - all social insurance -1st quintile (poorest) in 2019. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 62.7% on the previous year and down 51.7% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile (poorest) in Dominican Republic peaked at 0.1535 in 2008 and was at its lowest, 0.0485, in 2019.
Dominican Republic ranks 26th of 31 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.0753 | — |
| 2008 | 0.1535 | +103.9% |
| 2009 | 0.1005 | -34.5% |
| 2010 | 0.087 | -13.4% |
| 2011 | 0.1003 | +15.2% |
| 2012 | 0.0696 | -30.6% |
| 2013 | 0.129 | +85.5% |
| 2014 | 0.0869 | -32.7% |
| 2015 | 0.1046 | +20.3% |
| 2016 | 0.1301 | +24.4% |
| 2019 | 0.0485 | -62.7% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.0485 is below the median for upper middle income countries, which is 0.1843, 26% of the median. (20 countries reporting)
- Dominican Republic's 0.0485 is below the median for Latin America & Caribbean, which is 0.0487, 100% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1098 | 0.0753 | 0.1535 | 3 |
| 2010s | 0.0945 | 0.0485 | 0.1301 | 8 |
Countries ranked near Dominican Republic
More work & labour data for Dominican Republic
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5342 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5118 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5561 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.48 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3757 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 12,209 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,056 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5,888 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,787 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11,675 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance -1st quintile (poorest) in Dominican Republic?
- Benefit-cost ratio - all social insurance -1st quintile (poorest) in Dominican Republic was 0.0485 in 2019, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Dominican Republic?
- The highest recorded value was 0.1535 in 2008.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Dominican Republic?
- The lowest recorded value was 0.0485 in 2019.
- How does Dominican Republic rank for benefit-cost ratio - all social insurance -1st quintile (poorest)?
- Dominican Republic ranks 26th out of 31 countries with data for 2019.
- Is benefit-cost ratio - all social insurance -1st quintile (poorest) rising or falling in Dominican Republic?
- Over the last ten years it is down 51.7%. The long-run trend across the full record is falling.
- Where does this Dominican Republic data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Insurance -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)