This table provides metadata for the actual indicator available from Vanuatu statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Vanuatuan statistics, this table should be consulted for information on national methodology and other Vanuatu-specific metadata information.
| Proxy |
No |
|---|---|
| Definition |
The “Rate of Return to Investments in Rural Infrastructure” indicator measures the financial or economic return generated from investments made in rural infrastructure projects, such as roads, bridges, water supply, electricity, and communication systems. The rate of return is typically expressed as a percentage, representing the net benefits derived from these investments relative to their costs. |
| Concept |
This indicator tracks the efficiency and effectiveness of investments in rural infrastructure by calculating the returns generated from such investments over time. Rural infrastructure projects are crucial for enhancing connectivity, improving access to essential services, boosting agricultural productivity, and fostering economic development in rural areas. The rate of return provides insight into the economic viability and impact of these projects, helping to determine whether the benefits outweigh the costs and to what extent these investments contribute to the overall economic growth of rural communities. |
| Disaggregation |
Region |
| Rationale |
Monitoring the rate of return to investments in rural infrastructure is essential for evaluating the success and sustainability of rural development initiatives. A higher rate of return indicates that investments in infrastructure are generating significant economic benefits, such as increased income, reduced costs, improved productivity, and enhanced quality of life for rural populations. Conversely, a lower rate of return may suggest that the investments are not yielding the expected benefits, possibly due to inefficiencies, inadequate planning, or external factors. |
| Method of Computation |
To compute the “Rate of Return to Investments in Rural Infrastructure,” first collect data on the total costs of rural infrastructure projects and the economic benefits generated by these projects. Calculate the net benefits by subtracting the total costs from the total economic benefits. Then, calculate the rate of return by dividing the net benefits by the total investment costs and multiplying by 100 to express it as a percentage. This percentage represents the financial or economic return on investments made in rural infrastructure. Formula: Rate of Return (%) = ((Total Economic Benefits – Total Investment Costs)/Total Investment Costs)*100 |
| Sustainable Development Goal Indicator Alignment |
9.3.1 9.3.2 17.b.1 |
| Unit of Measurement |
Percentage |
| Frequency of Collection |
Annually |