Benefit-cost ratio - All Social Insurance -extreme poor in South Africa
South Africa: Benefit-cost ratio - All Social Insurance -extreme poor was 0.0419 <$2.15 a day in 2021. ▲ Rising
Benefit-cost ratio - All Social Insurance -extreme poor in South Africa, 2005–2021
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
The most recent figure for benefit-cost ratio - all social insurance -extreme poor in South Africa is 0.0419 <$2.15 a day, measured in 2021.
That represents a change of up 7.8% on the previous year and up 31.1% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -extreme poor in South Africa peaked at 0.0864 <$2.15 a day in 2018 and was at its lowest, 0.0317 <$2.15 a day, in 2005.
South Africa ranks 15th of 34 countries on this measure, in the middle of the range.
Benefit-cost ratio - All Social Insurance -extreme poor in South Africa, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2005 | 0.0317 <$2.15 a day | — |
| 2014 | 0.0319 <$2.15 a day | +0.7% |
| 2016 | 0.053 <$2.15 a day | +66.1% |
| 2018 | 0.0864 <$2.15 a day | +62.9% |
| 2019 | 0.0516 <$2.15 a day | -40.3% |
| 2020 | 0.0388 <$2.15 a day | -24.7% |
| 2021 | 0.0419 <$2.15 a day | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0317 <$2.15 a day | 0.0317 <$2.15 a day | 0.0317 <$2.15 a day | 1 |
| 2010s | 0.0557 <$2.15 a day | 0.0319 <$2.15 a day | 0.0864 <$2.15 a day | 4 |
| 2020s | 0.0404 <$2.15 a day | 0.0388 <$2.15 a day | 0.0419 <$2.15 a day | 2 |
Countries ranked near South Africa
More work & labour data for South Africa
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.2264 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.242 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.2122 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.23 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8748 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 58,057 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,698 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 49,126 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 45,189 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 94,314 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social insurance -extreme poor in South Africa?
- Benefit-cost ratio - all social insurance -extreme poor in South Africa was 0.0419 <$2.15 a day in 2021, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -extreme poor recorded in South Africa?
- The highest recorded value was 0.0864 <$2.15 a day in 2018.
- What is the lowest benefit-cost ratio - all social insurance -extreme poor recorded in South Africa?
- The lowest recorded value was 0.0317 <$2.15 a day in 2005.
- How does South Africa rank for benefit-cost ratio - all social insurance -extreme poor?
- South Africa ranks 15th out of 34 countries with data for 2021.
- Is benefit-cost ratio - all social insurance -extreme poor rising or falling in South Africa?
- Over the last ten years it is up 31.1%. The long-run trend across the full record is rising.
- Where does this South Africa 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.
Download this data
CSV · JSON — 7 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 (%)