Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Costa Rica
Costa Rica: Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) was 0.0688 in 2022. ▼ Falling
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Costa Rica, 2008–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Costa Rica stood at 0.0688.
Compared with earlier readings it is up 10.1% on the previous year and up 19.7% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Costa Rica peaked at 0.1284 in 2008 and was at its lowest, 0.0522, in 2014.
Costa Rica ranks 26th of 34 countries on this measure, 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 Costa Rica, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.1284 | — |
| 2010 | 0.0593 | -53.8% |
| 2011 | 0.0597 | +0.6% |
| 2012 | 0.0575 | -3.6% |
| 2014 | 0.0522 | -9.2% |
| 2015 | 0.0546 | +4.7% |
| 2016 | 0.0652 | +19.3% |
| 2017 | 0.0656 | +0.6% |
| 2018 | 0.0672 | +2.5% |
| 2019 | 0.0646 | -3.9% |
| 2020 | 0.0528 | -18.2% |
| 2021 | 0.0625 | +18.4% |
| 2022 | 0.0688 | +10.1% |
Costa Rica compared with similar countries
- Costa Rica's 0.0688 is below the median for high income countries, which is 0.1686, 41% of the median. (6 countries reporting)
- Costa Rica's 0.0688 is above the median for Latin America & Caribbean, which is 0.0688, 1.0× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1284 | 0.1284 | 0.1284 | 1 |
| 2010s | 0.0607 | 0.0522 | 0.0672 | 9 |
| 2020s | 0.0614 | 0.0528 | 0.0688 | 3 |
Countries ranked near Costa Rica
- 23 Dominican Republic 0.0893 compare
- 24 Brazil 0.087 compare
- 25 Mexico 0.0702 compare
- 27 Peru 0.0678 compare
- 28 Bolivia, Plurinational State of 0.0545 compare
- 29 South Africa 0.0521 compare
More work & labour data for Costa Rica
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.9965 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.9952 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.9977 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.61 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,205 1000 No (2050)
- Population - Est. & Proj. — Rural population 569.35 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,908 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,868 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,776 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance - 1st quintile (poorest) in Costa Rica?
- Benefit-cost ratio - all social insurance - 1st quintile (poorest) in Costa Rica was 0.0688 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Costa Rica?
- The highest recorded value was 0.1284 in 2008.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Costa Rica?
- The lowest recorded value was 0.0522 in 2014.
- How does Costa Rica rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Costa Rica ranks 26th out of 34 countries with data for 2022.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Costa Rica?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is falling.
- Where does this Costa Rica 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 (%)