Benefit-cost ratio - All Social Insurance -1st quintile in Ecuador
Ecuador: Benefit-cost ratio - All Social Insurance -1st quintile was 0.031 poorest in 2022. ▼ Falling
Benefit-cost ratio - All Social Insurance -1st quintile in Ecuador, 2008–2022
Source: ASPIRE. Measured in poorest.
Analysis
The most recent figure for benefit-cost ratio - all social insurance -1st quintile in Ecuador is 0.031 poorest, measured in 2022.
Compared with earlier readings it is up 18.2% on the previous year and down 60.4% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -1st quintile in Ecuador peaked at 0.1053 poorest in 2016 and was at its lowest, 0.0262 poorest, 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 in Ecuador, year by year
| Year | poorest | Change |
|---|---|---|
| 2008 | 0.055 poorest | — |
| 2010 | 0.0596 poorest | +8.4% |
| 2011 | 0.0695 poorest | +16.5% |
| 2012 | 0.0782 poorest | +12.6% |
| 2014 | 0.0398 poorest | -49.1% |
| 2015 | 0.0423 poorest | +6.3% |
| 2016 | 0.1053 poorest | +148.9% |
| 2017 | 0.0411 poorest | -61.0% |
| 2018 | 0.032 poorest | -22.2% |
| 2019 | 0.0307 poorest | -4.1% |
| 2020 | 0.0473 poorest | +54.0% |
| 2021 | 0.0262 poorest | -44.6% |
| 2022 | 0.031 poorest | +18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.055 poorest | 0.055 poorest | 0.055 poorest | 1 |
| 2010s | 0.0554 poorest | 0.0307 poorest | 0.1053 poorest | 9 |
| 2020s | 0.0348 poorest | 0.0262 poorest | 0.0473 poorest | 3 |
Countries ranked near Ecuador
- 27 Peru 0.0496 poorest compare
- 28 South Africa 0.0439 poorest compare
- 29 Bolivia, Plurinational State of 0.035 poorest compare
- 31 El Salvador 0.0295 poorest compare
- 32 Colombia 0.02 poorest compare
- 33 Paraguay 0.0159 poorest 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 in Ecuador?
- Benefit-cost ratio - all social insurance -1st quintile in Ecuador was 0.031 poorest in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -1st quintile recorded in Ecuador?
- The highest recorded value was 0.1053 poorest in 2016.
- What is the lowest benefit-cost ratio - all social insurance -1st quintile recorded in Ecuador?
- The lowest recorded value was 0.0262 poorest in 2021.
- How does Ecuador rank for benefit-cost ratio - all social insurance -1st quintile?
- Ecuador ranks 30th out of 34 countries with data for 2022.
- Is benefit-cost ratio - all social insurance -1st quintile rising or falling in Ecuador?
- Over the last ten years it is down 60.4%. 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). 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 (%)