Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam
Vietnam: Adequacy of benefits in 1st quintile (poorest) (%) - All Social was 40.0% in 2020. ▲ Rising
Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam is 40.0%, measured in 2020. That is the lowest value across all 6 years on record.
That represents a change of down 40.5% on the previous year and down 6.2% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam peaked at 67.3% in 2018 and was at its lowest, 40.0%, in 2020.
That places Vietnam 25th out of 30 countries with data for 2020, putting it in the bottom quarter.
Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 47.0% | — |
| 2010 | 42.7% | -9.1% |
| 2012 | 54.0% | +26.6% |
| 2014 | 47.7% | -11.7% |
| 2018 | 67.3% | +41.1% |
| 2020 | 40.0% | -40.5% |
Vietnam compared with similar countries
- Vietnam's 40.0% is below the median for upper middle income countries, which is 58.9%, 68% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.0% | 47.0% | 47.0% | 1 |
| 2010s | 52.9% | 42.7% | 67.3% | 4 |
| 2020s | 40.0% | 40.0% | 40.0% | 1 |
Countries ranked near Vietnam
- 22 Kosovo 41.7% compare
- 22 Kosovo (UNSCR 1244) 41.7% compare
- 24 Dominican Republic 41.2% compare
- 26 Panama 29.7% compare
- 27 Mexico 28.8% compare
- 28 El Salvador 28.1% compare
More work & labour data for Vietnam
- Persons outside the labour force (ILO modelled estimates) 22,535 (2027)
- Labour force participation rate (ILO modelled estimates) 71.95 (2027)
- Labour force (ILO modelled estimates) 57,816 (2027)
- Unemployment rate (ILO modelled estimates) 1.61 (2027)
- Labour dependency ratio 0.806 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,426 (2027)
- Output per worker, GDP constant 2015 US $ 8,480 (2027)
- Employment-to-population ratio (ILO modelled estimates) 70.79 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.1 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.7361 % change on previous year (2027)
Frequently asked questions
- What is adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam?
- Adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam was 40.0% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 1st quintile (poorest) (%) - all social recorded in Vietnam?
- The highest recorded value was 67.3% in 2018.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all social recorded in Vietnam?
- The lowest recorded value was 40.0% in 2020.
- How does Vietnam rank for adequacy of benefits in 1st quintile (poorest) (%) - all social?
- Vietnam ranks 25th out of 30 countries with data for 2020.
- Is adequacy of benefits in 1st quintile (poorest) (%) - all social rising or falling in Vietnam?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 1st quintile (poorest) (%) - All Social Insurance -rural. Statizoid updates them automatically from the source API.
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About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group