Benefit-cost ratio: All Social Insurance 1st … urban Insurance in Bolivia
Bolivia: Benefit-cost ratio: All Social Insurance 1st … urban Insurance was 0.0545 in 2021. ▬ Flat
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Bolivia, 2006–2021
Source: ASPIRE.
Analysis
The most recent figure for benefit-cost ratio - all social insurance - 1st quintile (poorest) in Bolivia is 0.0545, measured in 2021.
That represents a change of down 9.9% on the previous year and down 38.9% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Bolivia peaked at 0.0975 in 2012 and was at its lowest, 0.0385, in 2006.
That places Bolivia 28th out of 34 countries with data for 2021, putting it in the bottom quarter.
Benefit-cost ratio: All Social Insurance 1st … urban Insurance in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.0385 | — |
| 2007 | 0.0462 | +19.7% |
| 2008 | 0.054 | +17.0% |
| 2009 | 0.0563 | +4.3% |
| 2011 | 0.0893 | +58.6% |
| 2012 | 0.0975 | +9.2% |
| 2014 | 0.0647 | -33.6% |
| 2015 | 0.0471 | -27.2% |
| 2016 | 0.0543 | +15.2% |
| 2017 | 0.0593 | +9.2% |
| 2018 | 0.0583 | -1.6% |
| 2019 | 0.0511 | -12.5% |
| 2020 | 0.0605 | +18.5% |
| 2021 | 0.0545 | -9.9% |
Bolivia compared with similar countries
- Bolivia's 0.0545 is below the median for lower middle income countries, which is 0.1269, 43% of the median. (5 countries reporting)
- Bolivia's 0.0545 is below the median for Latin America & Caribbean, which is 0.0688, 79% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0487 | 0.0385 | 0.0563 | 4 |
| 2010s | 0.0652 | 0.0471 | 0.0975 | 8 |
| 2020s | 0.0575 | 0.0545 | 0.0605 | 2 |
Countries ranked near Bolivia
- 25 Mexico 0.0702 compare
- 26 Costa Rica 0.0688 compare
- 27 Peru 0.0678 compare
- 29 South Africa 0.0521 compare
- 30 Ecuador 0.051 compare
- 31 El Salvador 0.0354 compare
More work & labour data for Bolivia
- Persons outside the labour force (ILO modelled estimates) 1,928 (2027)
- Labour force participation rate (ILO modelled estimates) 79.04 (2027)
- Labour force (ILO modelled estimates) 7,271 (2027)
- Unemployment rate (ILO modelled estimates) 2.58 (2027)
- Labour dependency ratio 0.823 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 17,718 (2027)
- Output per worker, GDP constant 2015 US $ 5,806 (2027)
- Employment-to-population ratio (ILO modelled estimates) 77 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9059 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 2.01 % change on previous year (2027)
Frequently asked questions
- What is benefit-cost ratio - all social insurance - 1st quintile (poorest) in Bolivia?
- Benefit-cost ratio - all social insurance - 1st quintile (poorest) in Bolivia was 0.0545 in 2021, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Bolivia?
- The highest recorded value was 0.0975 in 2012.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Bolivia?
- The lowest recorded value was 0.0385 in 2006.
- How does Bolivia rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Bolivia ranks 28th out of 34 countries with data for 2021.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Bolivia?
- Over the last ten years it is down 38.9%. The long-run trend across the full record is flat.
- Where does this Bolivia 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.
Download this data
CSV · JSON — 14 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 (%)