Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Armenia
Armenia: Benefit-cost ratio - All Social Protection and Labor - 1st quintile was 0.3865 in 2022. ▲ Rising
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 0.3865.
Compared with earlier readings it is down 5.8% on the previous year and up 1.2% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor - 1st quintile in Armenia peaked at 0.4151 in 2020 and was at its lowest, 0.333, in 2013.
That places Armenia 7th out of 36 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.3756 | — |
| 2009 | 0.3887 | +3.5% |
| 2010 | 0.377 | -3.0% |
| 2011 | 0.3549 | -5.9% |
| 2012 | 0.3817 | +7.6% |
| 2013 | 0.333 | -12.8% |
| 2014 | 0.3626 | +8.9% |
| 2015 | 0.354 | -2.4% |
| 2016 | 0.3563 | +0.6% |
| 2017 | 0.3927 | +10.2% |
| 2018 | 0.4017 | +2.3% |
| 2019 | 0.3648 | -9.2% |
| 2020 | 0.4151 | +13.8% |
| 2021 | 0.4101 | -1.2% |
| 2022 | 0.3865 | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3822 | 0.3756 | 0.3887 | 2 |
| 2010s | 0.3679 | 0.333 | 0.4017 | 10 |
| 2020s | 0.4039 | 0.3865 | 0.4151 | 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 0.3865 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 0.4151 in 2020.
- What is the lowest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Armenia?
- The lowest recorded value was 0.333 in 2013.
- How does Armenia rank for benefit-cost ratio - all social protection and labor - 1st quintile?
- Armenia ranks 7th 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 up 1.2%. The long-run trend across the full record is rising.
- 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) -urban. 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 (%)