Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam
Vietnam: Adequacy of benefits in 1st quintile (poorest) (%) - All Social was 53.4% in 2020. ▼ Falling
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 53.4%, measured in 2020.
The figure is up 30.9% on the previous year and up 12.1% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam peaked at 63.5% in 2006 and was at its lowest, 40.8%, in 2018.
That places Vietnam 16th out of 34 countries with data for 2020, putting it in the middle of the range.
Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 63.5% | — |
| 2010 | 47.6% | -25.0% |
| 2012 | 52.5% | +10.2% |
| 2014 | 52.2% | -0.5% |
| 2018 | 40.8% | -21.9% |
| 2020 | 53.4% | +30.9% |
Vietnam compared with similar countries
- Vietnam's 53.4% is below the median for upper middle income countries, which is 57.7%, 93% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.5% | 63.5% | 63.5% | 1 |
| 2010s | 48.3% | 40.8% | 52.5% | 4 |
| 2020s | 53.4% | 53.4% | 53.4% | 1 |
Countries ranked near Vietnam
- 13 Armenia 57.9% compare
- 14 Sri Lanka 57.5% compare
- 15 Kyrgyzstan 53.7% compare
- 17 Cote d'Ivoire 51.9% compare
- 18 Bolivia 45.9% compare
- 19 Costa Rica 45.4% 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 53.4% 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 63.5% in 2006.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all social recorded in Vietnam?
- The lowest recorded value was 40.8% in 2018.
- How does Vietnam rank for adequacy of benefits in 1st quintile (poorest) (%) - all social?
- Vietnam ranks 16th out of 34 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 up 12.1%. The long-run trend across the full record is falling.
- 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 -urban. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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