Last Update: December 2017
Institutional Framework Database for Social Policy
in Latin America and the Caribbean
Financing dimension
The financing dimension focuses on the analysis of the relative size of mobilized resources for social development in terms of fiscal priority and cyclicity, as well as stability and trends in the investment amounts allocated to each social function. Following the Classification of the Functions of Government (COFOG) defined by the International Monetary Fund (IMF), and the sectoral level of different ministries of social areas, these functions include social protection, health, education, housing, culture, and environment.


Latin America (18 countries): social spending in three groups of countries with different results in terms of social protection and promotion (simple average of each group), around 2015 (United States dollars at 2010 prices and percentages of GDP)
Indicator Argentina, Brazil, Chile, Costa Rica, Panama and Uruguay
Public sector/a
Argentina, Brazil, Chile, Costa Rica, Panama and Uruguay
Central government/b
Colombia, México y Venezuela (República Bolivariana de)
Public sector/a
Colombia, Mexico and Venezuela (Bolivarian Republic of)
Central government/b
Bolivia (Plurinational State of), Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay and Peru
Public sector/a
Bolivia (Plurinational State of), Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay and Peru
Central government /b
Public social spending per capita
(United States dollars at 2010 prices)
2101 1445 1131 832 407 318
Public spending on social protection per capita
(United States dollars at 2010 prices)
863 699 413 267 99 73
Public social spending
(percentages of GDP)
19.9 13.0 15.0 10.9 11.5 9.1
Public spending on social protection
(percentages of GDP)
8.1 6.3 5.5 3.5 2.8 2.0
Public spending on education
(percentages of GDP)
5.3 3.7 4.7 4.5 4.5 4.0
Public spending on health
(percentages of GDP)
4.7 2.1 3.1 1.7 2.7 2.2
Public spending on housing and community services
(percentages of GDP)
1.4 0.6 1.0 1.0 0.9 0.7
Public spending on recreational activities, culture and religion
(percentages of GDP)
0.2 0.1 0.4 0.2 0.3 0.1
Public spending on environmental Protection
(percentages of GDP)
0.2 0.1 0.2 0.1 0.4 0.1


/a: In the case of the public sector, Panama and Bolivia present information for the year 2014 and Venezuela for the year 2009. For the cases of Chile, Ecuador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, the Dominican Republic, Uruguay and Venezuela, the data correspond to the central government . Bolivia, Brazil and Colombia correspond to the general government. Argentina, El Salvador and Mexico correspond to the non-financial public sector. Costa Rica and Peru correspond to the public sector.

/b: In the case of the central government, Panam & aacute; presents information for the year 2014 and Venezuela for the year 2009

For more information enter to the Database on Social Investment

Metadata
Economic Commission for Latin America and the Caribbean (ECLAC), based on official information reported by governments of the region.
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