Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Ecuador
Ecuador: Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) was 0.051 in 2022. ▼ Falling
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Ecuador, 2008–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Ecuador stood at 0.051.
Compared with earlier readings it is up 55.9% on the previous year and down 53.7% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Ecuador peaked at 0.1308 in 2016 and was at its lowest, 0.0327, in 2021.
Ecuador ranks 30th 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 Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0834 | — |
| 2010 | 0.0786 | -5.8% |
| 2011 | 0.0959 | +22.1% |
| 2012 | 0.1101 | +14.8% |
| 2014 | 0.0505 | -54.1% |
| 2015 | 0.0524 | +3.8% |
| 2016 | 0.1308 | +149.6% |
| 2017 | 0.0586 | -55.2% |
| 2018 | 0.0415 | -29.1% |
| 2019 | 0.0394 | -5.1% |
| 2020 | 0.0602 | +52.6% |
| 2021 | 0.0327 | -45.7% |
| 2022 | 0.051 | +55.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0834 | 0.0834 | 0.0834 | 1 |
| 2010s | 0.0731 | 0.0394 | 0.1308 | 9 |
| 2020s | 0.0479 | 0.0327 | 0.0602 | 3 |
Countries ranked near Ecuador
- 27 Peru 0.0678 compare
- 28 Bolivia, Plurinational State of 0.0545 compare
- 29 South Africa 0.0521 compare
- 31 El Salvador 0.0354 compare
- 32 Paraguay 0.0337 compare
- 33 Colombia 0.0304 compare
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 0.051 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 0.1308 in 2016.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Ecuador?
- The lowest recorded value was 0.0327 in 2021.
- How does Ecuador rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Ecuador ranks 30th out of 34 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 53.7%. 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) -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 (%)