Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Ecuador
Ecuador: Benefit-cost ratio - All Social Insurance -1st quintile (poorest) was 0.034 in 2022. ▼ Falling
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Ecuador, 2008–2022
Source: ASPIRE.
Analysis
The most recent figure for benefit-cost ratio - all social insurance -1st quintile (poorest) in Ecuador is 0.034, measured in 2022.
The figure is up 345.4% on the previous year and down 17.8% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile (poorest) in Ecuador peaked at 0.0895 in 2016 and was at its lowest, 0.0076, in 2021.
That places Ecuador 28th out of 31 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Benefit-cost ratio - All Social Insurance -1st quintile (poorest) in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0412 | — |
| 2010 | 0.0445 | +8.2% |
| 2011 | 0.0374 | -15.9% |
| 2012 | 0.0414 | +10.5% |
| 2014 | 0.0506 | +22.4% |
| 2015 | 0.0654 | +29.1% |
| 2016 | 0.0895 | +36.8% |
| 2017 | 0.0205 | -77.1% |
| 2018 | 0.038 | +85.6% |
| 2019 | 0.0368 | -3.2% |
| 2020 | 0.0312 | -15.2% |
| 2021 | 0.0076 | -75.5% |
| 2022 | 0.034 | +345.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0412 | 0.0412 | 0.0412 | 1 |
| 2010s | 0.0471 | 0.0205 | 0.0895 | 9 |
| 2020s | 0.0243 | 0.0076 | 0.034 | 3 |
Countries ranked near Ecuador
More work & labour data for Ecuador
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.578 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.567 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.589 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.04 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 17,174 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,794 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 9,543 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 9,549 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 19,092 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance -1st quintile (poorest) in Ecuador?
- Benefit-cost ratio - all social insurance -1st quintile (poorest) in Ecuador was 0.034 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Ecuador?
- The highest recorded value was 0.0895 in 2016.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile (poorest) recorded in Ecuador?
- The lowest recorded value was 0.0076 in 2021.
- How does Ecuador rank for benefit-cost ratio - all social insurance -1st quintile (poorest)?
- Ecuador ranks 28th out of 31 countries with data for 2022.
- Is benefit-cost ratio - all social insurance -1st quintile (poorest) rising or falling in Ecuador?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is falling.
- Where does this Ecuador 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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About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)