Benefit-cost ratio - Contributory Pensions -1st quintile in Ecuador

Ecuador: Benefit-cost ratio - Contributory Pensions -1st quintile was 0.031 poorest in 2022. ▼ Falling

Latest (2022)
0.031 poorest
Change on year
up 18.2%
World rank
28th
of 32 countries
All-time high
0.1053 poorest
in 2016
All-time low
0.0262 poorest
in 2021
Years of data
13
2008–2022

Benefit-cost ratio - Contributory Pensions -1st quintile in Ecuador, 2008–2022

0.020.040.060.080.12008201520222008: 0.055 poorest2010: 0.06 poorest2011: 0.069 poorest2012: 0.078 poorest2014: 0.04 poorest2015: 0.042 poorest2016: 0.105 poorest2017: 0.041 poorest2018: 0.032 poorest2019: 0.031 poorest2020: 0.047 poorest2021: 0.026 poorest2022: 0.031 poorest

Source: ASPIRE. Measured in poorest.

Analysis

The most recent figure for benefit-cost ratio - contributory pensions -1st quintile in Ecuador is 0.031 poorest, measured in 2022.

Compared with earlier readings it is up 18.2% on the previous year and down 60.4% over ten years.

Over the whole period, benefit-cost ratio - contributory pensions -1st quintile in Ecuador peaked at 0.1053 poorest in 2016 and was at its lowest, 0.0262 poorest, in 2021.

Ecuador ranks 28th of 32 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.055 poorest 0.055 poorest 0.055 poorest 1
2010s 0.0554 poorest 0.0307 poorest 0.1053 poorest 9
2020s 0.0348 poorest 0.0262 poorest 0.0473 poorest 3

Countries ranked near Ecuador

  1. 25 South Africa 0.0439 poorest compare
  2. 26 Panama 0.0413 poorest compare
  3. 27 Bolivia 0.035 poorest compare
  4. 29 El Salvador 0.0295 poorest compare
  5. 30 Colombia 0.02 poorest compare
  6. 31 Paraguay 0.0159 poorest compare

See the full ranking of 33 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is benefit-cost ratio - contributory pensions -1st quintile in Ecuador?
Benefit-cost ratio - contributory pensions -1st quintile in Ecuador was 0.031 poorest in 2022, according to ASPIRE.
What is the highest benefit-cost ratio - contributory pensions -1st quintile recorded in Ecuador?
The highest recorded value was 0.1053 poorest in 2016.
What is the lowest benefit-cost ratio - contributory pensions -1st quintile recorded in Ecuador?
The lowest recorded value was 0.0262 poorest in 2021.
How does Ecuador rank for benefit-cost ratio - contributory pensions -1st quintile?
Ecuador ranks 28th out of 32 countries with data for 2022.
Is benefit-cost ratio - contributory pensions -1st quintile rising or falling in Ecuador?
Over the last ten years it is down 60.4%. The long-run trend across the full record is falling.
Where does this Ecuador data come from?
The figures come from ASPIRE, published as part of Benefit-cost ratio - Contributory Pensions -1st quintile (poorest). Statizoid updates them automatically from the source API.

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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Benefit-cost ratio - Contributory Pensions -1st quintile (poorest)
Unit
poorest
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Poverty gap reduction obtained for each $1 spent in Contributory Pensions programs (%)