Benefit-cost ratio - All Social Protection and Labor -1st quintile in South Africa
South Africa: Benefit-cost ratio - All Social Protection and Labor -1st quintile was 0.0536 in 2021. ◆ Volatile
Latest (2021)
0.0536
Change on year
up 50.1%
World rank
35th
of 36 countries
All-time high
0.3444
in 2005
All-time low
0.0357
in 2020
Years of data
8
2005–2021
Benefit-cost ratio - All Social Protection and Labor -1st quintile in South Africa, 2005–2021
Source: ASPIRE.
Analysis
South Africa recorded 0.0536 for benefit-cost ratio - all social protection and labor -1st quintile in 2021.
The figure is up 50.1% on the previous year and down 84.0% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -1st quintile in South Africa peaked at 0.3444 in 2005 and was at its lowest, 0.0357, in 2020.
South Africa ranks 35th of 36 countries on this measure, in the bottom quarter.
Benefit-cost ratio - All Social Protection and Labor -1st quintile in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.3444 | — |
| 2010 | 0.3342 | -2.9% |
| 2014 | 0.3119 | -6.7% |
| 2016 | 0.0509 | -83.7% |
| 2018 | 0.1627 | +219.9% |
| 2019 | 0.0499 | -69.3% |
| 2020 | 0.0357 | -28.4% |
| 2021 | 0.0536 | +50.1% |
South Africa compared with similar countries
- South Africa's 0.0536 is below the median for upper middle income countries, which is 0.2366, 23% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3444 | 0.3444 | 0.3444 | 1 |
| 2010s | 0.1819 | 0.0499 | 0.3342 | 5 |
| 2020s | 0.0446 | 0.0357 | 0.0536 | 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 protection and labor -1st quintile in South Africa?
- Benefit-cost ratio - all social protection and labor -1st quintile in South Africa was 0.0536 in 2021, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -1st quintile recorded in South Africa?
- The highest recorded value was 0.3444 in 2005.
- What is the lowest benefit-cost ratio - all social protection and labor -1st quintile recorded in South Africa?
- The lowest recorded value was 0.0357 in 2020.
- How does South Africa rank for benefit-cost ratio - all social protection and labor -1st quintile?
- South Africa ranks 35th out of 36 countries with data for 2021.
- Is benefit-cost ratio - all social protection and labor -1st quintile rising or falling in South Africa?
- Over the last ten years it is down 84.0%. The long-run trend across the full record is volatile.
- Where does this South Africa 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 (%)