Benefit-cost ratio: All Social Insurance 1st … urban Insurance in Turkey
Turkey: Benefit-cost ratio: All Social Insurance 1st … urban Insurance was 0.1978 in 2019. ▲ Rising
Benefit-cost ratio - All Social Insurance - 1st quintile (poorest) in Turkey, 2004–2019
Source: ASPIRE.
Analysis
Turkey recorded 0.1978 for benefit-cost ratio - all social insurance - 1st quintile (poorest) in 2019.
The figure is down 6.3% on the previous year and up 7.2% over ten years.
Over the whole period, benefit-cost ratio - all social insurance - 1st quintile (poorest) in Turkey peaked at 0.2166 in 2017 and was at its lowest, 0.1672, in 2005.
Turkey ranks 14th of 34 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Benefit-cost ratio: All Social Insurance 1st … urban Insurance in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.1706 | — |
| 2005 | 0.1672 | -2.0% |
| 2006 | 0.1783 | +6.7% |
| 2007 | 0.1867 | +4.7% |
| 2008 | 0.1842 | -1.4% |
| 2009 | 0.1844 | +0.1% |
| 2010 | 0.1932 | +4.7% |
| 2011 | 0.2048 | +6.0% |
| 2012 | 0.2112 | +3.1% |
| 2013 | 0.2136 | +1.2% |
| 2014 | 0.1905 | -10.8% |
| 2015 | 0.1941 | +1.9% |
| 2016 | 0.2024 | +4.2% |
| 2017 | 0.2166 | +7.0% |
| 2018 | 0.2112 | -2.5% |
| 2019 | 0.1978 | -6.3% |
Turkey compared with similar countries
- Turkey's 0.1978 is above the median for upper middle income countries, which is 0.1531, 1.3× the median. (22 countries reporting)
- Turkey's 0.1978 is below the median for Europe & Central Asia, which is 0.3771, 52% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1786 | 0.1672 | 0.1867 | 6 |
| 2010s | 0.2035 | 0.1905 | 0.2166 | 10 |
Countries ranked near Turkey
More work & labour data for Turkey
- Persons outside the labour force (ILO modelled estimates) 31,966 (2027)
- Labour force participation rate (ILO modelled estimates) 54.63 (2027)
- Labour force (ILO modelled estimates) 38,497 (2027)
- Unemployment rate (ILO modelled estimates) 8.78 (2027)
- Labour dependency ratio 1.51 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 95,928 (2027)
- Output per worker, GDP constant 2015 US $ 41,171 (2027)
- Employment-to-population ratio (ILO modelled estimates) 49.84 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.6505 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.11 % change on previous year (2027)
Frequently asked questions
- What is benefit-cost ratio - all social insurance - 1st quintile (poorest) in Turkey?
- Benefit-cost ratio - all social insurance - 1st quintile (poorest) in Turkey was 0.1978 in 2019, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Turkey?
- The highest recorded value was 0.2166 in 2017.
- What is the lowest benefit-cost ratio - all social insurance - 1st quintile (poorest) recorded in Turkey?
- The lowest recorded value was 0.1672 in 2005.
- How does Turkey rank for benefit-cost ratio - all social insurance - 1st quintile (poorest)?
- Turkey ranks 14th out of 34 countries with data for 2019.
- Is benefit-cost ratio - all social insurance - 1st quintile (poorest) rising or falling in Turkey?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
- Where does this Turkey 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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CSV · JSON — 16 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 (%)