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Global Economic Monitor (GEM) was updated on November 29, 2023
Quarterly Public Sector Debt was updated on November 10, 2023
Quarterly External Debt Statistics GDDS was updated on October 31, 2023
World Development Indicators was updated on October 26, 2023
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Adequacy of social insurance programs (% of total welfare of beneficiary households)
Adequacy of social insurance programs is measured by the total transfer amount received by the population participating in social insurance programs as a share of their total welfare. Welfare is defined as the total income or total expenditure of beneficiary households. Social insurance programs include old age contributory pensions (including survivors and disability) and social security and health insurance benefits (including occupational injury benefits, paid sick leave, maternity and other social insurance). Estimates include both direct and indirect beneficiaries.
ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, The World Bank. Data are based on national representative household surveys. (datatopics.worldbank.org/aspire/)
Social Protection & Labor: Performance
Limitations and exceptions
When interpreting ASPIRE performance indicators based on household surveys, it is important to note that the extent to which information on specific transfers and programs is captured in the household surveys can vary a lot across countries. Moreover, household surveys do not capture the universe of social protection programs in the country, in best practice cases just the largest programs. As a consequence, ASPIRE indicators are not fully comparable across program categories and countries; however, they provide approximate measures of social protection systems performance. In addition, there may be cases where ASPIRE performance indicators differ from official WB country reports as ASPIRE indicators are based on a first level analysis of original survey data and unified methodology that does not necessarily reflect country-specific knowledge and in depth country analysis relying on administrative program level data and/or imputations.
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