Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Dominican Republic
Dominican Republic: Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) was 0.0893 in 2021. ▼ Falling
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Dominican Republic, 2007–2021
Source: ASPIRE.
Analysis
In 2021, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Dominican Republic stood at 0.0893.
The figure is up 69.3% on the previous year and up 22.4% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Dominican Republic peaked at 0.1021 in 2010 and was at its lowest, 0.0528, in 2019.
That places Dominican Republic 23rd out of 34 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.0718 | — |
| 2008 | 0.0827 | +15.2% |
| 2009 | 0.0739 | -10.6% |
| 2010 | 0.1021 | +38.1% |
| 2011 | 0.073 | -28.5% |
| 2012 | 0.0674 | -7.7% |
| 2013 | 0.0618 | -8.3% |
| 2014 | 0.0925 | +49.7% |
| 2015 | 0.0903 | -2.4% |
| 2016 | 0.0763 | -15.4% |
| 2017 | 0.0834 | +9.3% |
| 2018 | 0.0614 | -26.4% |
| 2019 | 0.0528 | -14.1% |
| 2021 | 0.0893 | +69.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.0893 is below the median for upper middle income countries, which is 0.1531, 58% of the median. (22 countries reporting)
- Dominican Republic's 0.0893 is above the median for Latin America & Caribbean, which is 0.0688, 1.3× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0761 | 0.0718 | 0.0827 | 3 |
| 2010s | 0.0761 | 0.0528 | 0.1021 | 10 |
| 2020s | 0.0893 | 0.0893 | 0.0893 | 1 |
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 0.0893 in 2021, 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 0.1021 in 2010.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Dominican Republic?
- The lowest recorded value was 0.0528 in 2019.
- How does Dominican Republic rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Dominican Republic ranks 23rd out of 34 countries with data for 2021.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Dominican Republic?
- Over the last ten years it is up 22.4%. 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) -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 (%)