Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Georgia
Georgia: Benefit-cost ratio - All Social Protection and Labor - 1st quintile was 0.3607 in 2021. ▲ Rising
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Georgia, 2011–2021
Source: ASPIRE.
Analysis
Georgia recorded 0.3607 for benefit-cost ratio - all social protection and labor - 1st quintile in 2021. That is the highest value across all 11 years on record.
That represents a change of up 1.7% on the previous year and up 11.4% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor - 1st quintile in Georgia peaked at 0.3607 in 2021 and was at its lowest, 0.3239, in 2011.
Georgia ranks 12th of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 0.3239 | — |
| 2012 | 0.3463 | +6.9% |
| 2013 | 0.3591 | +3.7% |
| 2014 | 0.3432 | -4.4% |
| 2015 | 0.3542 | +3.2% |
| 2016 | 0.341 | -3.7% |
| 2017 | 0.3386 | -0.7% |
| 2018 | 0.35 | +3.3% |
| 2019 | 0.3572 | +2.1% |
| 2020 | 0.3545 | -0.8% |
| 2021 | 0.3607 | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.346 | 0.3239 | 0.3591 | 9 |
| 2020s | 0.3576 | 0.3545 | 0.3607 | 2 |
Countries ranked near Georgia
- 9 Kosovo 0.3666 compare
- 9 Kosovo (UNSCR 1244) 0.3666 compare
- 11 Mongolia 0.3655 compare
- 13 Kyrgyzstan 0.3549 compare
- 14 Kazakhstan 0.3417 compare
- 15 Chile 0.2716 compare
More work & labour data for Georgia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5749 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5695 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5795 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.16 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0234 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,483 1000 No (2050)
- Population - Est. & Proj. — Rural population 911.09 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,505 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,465 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 2,969 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social protection and labor - 1st quintile in Georgia?
- Benefit-cost ratio - all social protection and labor - 1st quintile in Georgia was 0.3607 in 2021, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Georgia?
- The highest recorded value was 0.3607 in 2021.
- What is the lowest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Georgia?
- The lowest recorded value was 0.3239 in 2011.
- How does Georgia rank for benefit-cost ratio - all social protection and labor - 1st quintile?
- Georgia ranks 12th out of 36 countries with data for 2021.
- Is benefit-cost ratio - all social protection and labor - 1st quintile rising or falling in Georgia?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
- Where does this Georgia 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.
Download this data
CSV · JSON — 11 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 SPL programs (%)