Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day) in Bolivia
Bolivia: Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day) was 0.0003 <$2.15 a day in 2021. ◆ Volatile
Benefit-cost ratio - All Social Insurance -extreme poor in Bolivia, 2006–2021
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
In 2021, benefit-cost ratio - all social insurance -extreme poor in Bolivia stood at 0.0003 <$2.15 a day. That is the lowest value across all 14 years on record.
That represents a change of down 51.8% on the previous year and down 96.3% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -extreme poor in Bolivia peaked at 0.0093 <$2.15 a day in 2011 and was at its lowest, 0.0003 <$2.15 a day, in 2021.
That places Bolivia 32nd out of 34 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day) in Bolivia, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2006 | 0.006 <$2.15 a day | — |
| 2007 | 0.0058 <$2.15 a day | -2.0% |
| 2008 | 0.0037 <$2.15 a day | -36.8% |
| 2009 | 0.0013 <$2.15 a day | -64.8% |
| 2011 | 0.0093 <$2.15 a day | +613.1% |
| 2012 | 0.0084 <$2.15 a day | -9.2% |
| 2014 | 0.0019 <$2.15 a day | -77.1% |
| 2015 | 0.0036 <$2.15 a day | +85.2% |
| 2016 | 0.0012 <$2.15 a day | -66.7% |
| 2017 | 0.0016 <$2.15 a day | +33.2% |
| 2018 | 0.0008 <$2.15 a day | -46.6% |
| 2019 | 0.0005 <$2.15 a day | -41.4% |
| 2020 | 0.0007 <$2.15 a day | +42.6% |
| 2021 | 0.0003 <$2.15 a day | -51.8% |
Bolivia compared with similar countries
- Bolivia's 0.0003 <$2.15 a day is below the median for lower middle income countries, which is 0.0572 <$2.15 a day, 1% of the median. (5 countries reporting)
- Bolivia's 0.0003 <$2.15 a day is below the median for Latin America & Caribbean, which is 0.0039 <$2.15 a day, 9% of the median. (15 countries reporting)
Biggest year-on-year movements
Years where Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day) in Bolivia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +613.1% | 0.0013 <$2.15 a day | 0.0093 <$2.15 a day |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0042 <$2.15 a day | 0.0013 <$2.15 a day | 0.006 <$2.15 a day | 4 |
| 2010s | 0.0034 <$2.15 a day | 0.0005 <$2.15 a day | 0.0093 <$2.15 a day | 8 |
| 2020s | 0.0005 <$2.15 a day | 0.0003 <$2.15 a day | 0.0007 <$2.15 a day | 2 |
Countries ranked near Bolivia
- 29 Mexico 0.003 <$2.15 a day compare
- 30 Costa Rica 0.0029 <$2.15 a day compare
- 31 Panama 0.0019 <$2.15 a day compare
- 33 El Salvador 0.0002 <$2.15 a day compare
- 34 Paraguay 0.0001 <$2.15 a day compare
More work & labour data for Bolivia
- Persons outside the labour force (ILO modelled estimates) 1,928 (2027)
- Labour force participation rate (ILO modelled estimates) 79.04 (2027)
- Labour force (ILO modelled estimates) 7,271 (2027)
- Unemployment rate (ILO modelled estimates) 2.58 (2027)
- Labour dependency ratio 0.823 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 17,718 (2027)
- Output per worker, GDP constant 2015 US $ 5,806 (2027)
- Employment-to-population ratio (ILO modelled estimates) 77 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9059 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 2.01 % change on previous year (2027)
Frequently asked questions
- What is benefit-cost ratio - all social insurance -extreme poor in Bolivia?
- Benefit-cost ratio - all social insurance -extreme poor in Bolivia was 0.0003 <$2.15 a day in 2021, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -extreme poor recorded in Bolivia?
- The highest recorded value was 0.0093 <$2.15 a day in 2011.
- What is the lowest benefit-cost ratio - all social insurance -extreme poor recorded in Bolivia?
- The lowest recorded value was 0.0003 <$2.15 a day in 2021.
- How does Bolivia rank for benefit-cost ratio - all social insurance -extreme poor?
- Bolivia ranks 32nd out of 34 countries with data for 2021.
- Is benefit-cost ratio - all social insurance -extreme poor rising or falling in Bolivia?
- Over the last ten years it is down 96.3%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day). 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 (%)