Adequacy of benefits: All Social Insurance … 1st Insurance Social in Vietnam
Vietnam: Adequacy of benefits: All Social Insurance … 1st Insurance Social was 47.9% in 2020. ▬ Flat
Adequacy of benefits in 1st quintile (poorest) (%) - All Social in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam stood at 47.9%.
The figure is down 13.9% on the previous year and up 13.0% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - all social in Vietnam peaked at 55.7% in 2018 and was at its lowest, 42.4%, in 2010.
That places Vietnam 17th out of 34 countries with data for 2020, putting it in the middle of the range.
Adequacy of benefits: All Social Insurance … 1st Insurance Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 51.7% | — |
| 2010 | 42.4% | -18.0% |
| 2012 | 52.8% | +24.4% |
| 2014 | 50.4% | -4.4% |
| 2018 | 55.7% | +10.4% |
| 2020 | 47.9% | -13.9% |
Vietnam compared with similar countries
- Vietnam's 47.9% is below the median for upper middle income countries, which is 54.3%, 88% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.7% | 51.7% | 51.7% | 1 |
| 2010s | 50.3% | 42.4% | 55.7% | 4 |
| 2020s | 47.9% | 47.9% | 47.9% | 1 |
Countries ranked near Vietnam
- 14 Kyrgyzstan 55.2% compare
- 15 Armenia 53.0% compare
- 16 Kazakhstan 52.3% compare
- 18 Bolivia 47.7% compare
- 19 Costa Rica 47.5% compare
- 20 Chile 46.3% 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 47.9% 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 55.7% in 2018.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - all social recorded in Vietnam?
- The lowest recorded value was 42.4% in 2010.
- How does Vietnam rank for adequacy of benefits in 1st quintile (poorest) (%) - all social?
- Vietnam ranks 17th 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 13.0%. The long-run trend across the full record is flat.
- 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. 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