Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Armenia
Armenia: Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) was 0.3771 in 2022. ▲ Rising
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Armenia, 2008–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Armenia stood at 0.3771.
That represents a change of down 4.7% on the previous year and up 4.1% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Armenia peaked at 0.4291 in 2020 and was at its lowest, 0.3135, in 2013.
Armenia ranks 6th of 34 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.3531 | — |
| 2009 | 0.3675 | +4.1% |
| 2010 | 0.3556 | -3.2% |
| 2011 | 0.3401 | -4.4% |
| 2012 | 0.3622 | +6.5% |
| 2013 | 0.3135 | -13.5% |
| 2014 | 0.3467 | +10.6% |
| 2015 | 0.3433 | -1.0% |
| 2016 | 0.3343 | -2.6% |
| 2017 | 0.3791 | +13.4% |
| 2018 | 0.3869 | +2.1% |
| 2019 | 0.36 | -7.0% |
| 2020 | 0.4291 | +19.2% |
| 2021 | 0.3957 | -7.8% |
| 2022 | 0.3771 | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3603 | 0.3531 | 0.3675 | 2 |
| 2010s | 0.3522 | 0.3135 | 0.3869 | 10 |
| 2020s | 0.4006 | 0.3771 | 0.4291 | 3 |
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance - 1st quintile (poorest) in Armenia?
- Benefit-cost ratio - all social insurance - 1st quintile (poorest) in Armenia was 0.3771 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Armenia?
- The highest recorded value was 0.4291 in 2020.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Armenia?
- The lowest recorded value was 0.3135 in 2013.
- How does Armenia rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Armenia ranks 6th out of 34 countries with data for 2022.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Armenia?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) -urban. 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 (%)