Benefit-cost ratio - All Social Protection and Labor -1st quintile in Armenia
Armenia: Benefit-cost ratio - All Social Protection and Labor -1st quintile was 0.3763 in 2022. ▬ Flat
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Armenia, 2008–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social protection and labor -1st quintile in Armenia stood at 0.3763.
That represents a change of up 1.9% on the previous year and down 0.3% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -1st quintile in Armenia peaked at 0.3959 in 2017 and was at its lowest, 0.3493, in 2016.
Armenia ranks 12th of 36 countries on this measure, in the middle of the range.
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.3723 | — |
| 2009 | 0.3951 | +6.1% |
| 2010 | 0.3838 | -2.9% |
| 2011 | 0.3957 | +3.1% |
| 2012 | 0.3775 | -4.6% |
| 2013 | 0.39 | +3.3% |
| 2014 | 0.386 | -1.0% |
| 2015 | 0.3739 | -3.1% |
| 2016 | 0.3493 | -6.6% |
| 2017 | 0.3959 | +13.3% |
| 2018 | 0.3803 | -4.0% |
| 2019 | 0.3942 | +3.7% |
| 2020 | 0.3737 | -5.2% |
| 2021 | 0.3694 | -1.2% |
| 2022 | 0.3763 | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3837 | 0.3723 | 0.3951 | 2 |
| 2010s | 0.3827 | 0.3493 | 0.3959 | 10 |
| 2020s | 0.3731 | 0.3694 | 0.3763 | 3 |
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social protection and labor -1st quintile in Armenia?
- Benefit-cost ratio - all social protection and labor -1st quintile in Armenia was 0.3763 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -1st quintile recorded in Armenia?
- The highest recorded value was 0.3959 in 2017.
- What is the lowest benefit-cost ratio - all social protection and labor -1st quintile recorded in Armenia?
- The lowest recorded value was 0.3493 in 2016.
- How does Armenia rank for benefit-cost ratio - all social protection and labor -1st quintile?
- Armenia ranks 12th out of 36 countries with data for 2022.
- Is benefit-cost ratio - all social protection and labor -1st quintile rising or falling in Armenia?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Protection and Labor -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction obtained for each $1 spent in SPL programs (%)