Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Serbia
Serbia: Benefit-cost ratio - All Social Protection and Labor - 1st quintile was 0.4299 in 2022. ▲ Rising
Latest (2022)
0.4299
Change on year
down 1.2%
World rank
5th
of 36 countries
All-time high
0.4478
in 2018
All-time low
0.3649
in 2013
Years of data
8
2007–2022
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Serbia, 2007–2022
Source: ASPIRE.
Analysis
In 2022, benefit-cost ratio - all social protection and labor - 1st quintile in Serbia stood at 0.4299.
Compared with earlier readings it is down 1.2% on the previous year and up 17.8% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor - 1st quintile in Serbia peaked at 0.4478 in 2018 and was at its lowest, 0.3649, in 2013.
That places Serbia 5th out of 36 countries with data for 2022, putting it in the top quarter.
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 0.3699 | — |
| 2010 | 0.3931 | +6.3% |
| 2013 | 0.3649 | -7.2% |
| 2015 | 0.4248 | +16.4% |
| 2018 | 0.4478 | +5.4% |
| 2019 | 0.4361 | -2.6% |
| 2021 | 0.435 | -0.3% |
| 2022 | 0.4299 | -1.2% |
Serbia compared with similar countries
- Serbia's 0.4299 is above the median for upper middle income countries, which is 0.205, 2.1× the median. (24 countries reporting)
- Serbia's 0.4299 is above the median for Europe & Central Asia, which is 0.392, 1.1× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3699 | 0.3699 | 0.3699 | 1 |
| 2010s | 0.4133 | 0.3649 | 0.4478 | 5 |
| 2020s | 0.4324 | 0.4299 | 0.435 | 2 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
Frequently asked questions
- What is benefit-cost ratio - all social protection and labor - 1st quintile in Serbia?
- Benefit-cost ratio - all social protection and labor - 1st quintile in Serbia was 0.4299 in 2022, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Serbia?
- The highest recorded value was 0.4478 in 2018.
- What is the lowest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Serbia?
- The lowest recorded value was 0.3649 in 2013.
- How does Serbia rank for benefit-cost ratio - all social protection and labor - 1st quintile?
- Serbia ranks 5th out of 36 countries with data for 2022.
- Is benefit-cost ratio - all social protection and labor - 1st quintile rising or falling in Serbia?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is rising.
- Where does this Serbia 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 (%)