Adequacy of benefits in 1st quintile … 1st Protection Labor Social in Vietnam
Vietnam: Adequacy of benefits in 1st quintile … 1st Protection Labor Social was 19.0% in 2020. ◆ Volatile
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 19.0%.
That represents a change of up 53.1% on the previous year and up 47.1% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) -all social in Vietnam peaked at 28.9% in 2006 and was at its lowest, 5.9%, in 2012.
Vietnam ranks 25th of 37 countries on this measure, in the middle of the range.
Adequacy of benefits in 1st quintile … 1st Protection Labor Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 28.9% | — |
| 2010 | 12.9% | -55.2% |
| 2012 | 5.9% | -54.7% |
| 2014 | 7.7% | +31.3% |
| 2018 | 12.4% | +61.5% |
| 2020 | 19.0% | +53.1% |
Vietnam compared with similar countries
- Vietnam's 19.0% is below the median for upper middle income countries, which is 34.6%, 55% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.9% | 28.9% | 28.9% | 1 |
| 2010s | 9.7% | 5.9% | 12.9% | 4 |
| 2020s | 19.0% | 19.0% | 19.0% | 1 |
Countries ranked near Vietnam
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 19.0% 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 28.9% in 2006.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) -all social recorded in Vietnam?
- The lowest recorded value was 5.9% in 2012.
- How does Vietnam rank for adequacy of benefits in 1st quintile (poorest) (%) -all social?
- Vietnam ranks 25th out of 37 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 47.1%. The long-run trend across the full record is volatile.
- 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 Protection and Labor. 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