Adequacy of benefits: Domestic Private … 1st Domestic Private in Vietnam
Vietnam: Adequacy of benefits: Domestic Private … 1st Domestic Private was 35.6% in 2020. ▲ Rising
Adequacy of benefits in 1st quintile (poorest) (%) - Domestic Private in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 1st quintile (poorest) (%) - domestic private in Vietnam stood at 35.6%. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 44.4% on the previous year and up 79.3% over ten years.
Over the whole period, adequacy of benefits in 1st quintile (poorest) (%) - domestic private in Vietnam peaked at 35.6% in 2020 and was at its lowest, 10.5%, in 2006.
Vietnam ranks 7th of 31 countries on this measure, in the top quarter.
Adequacy of benefits: Domestic Private … 1st Domestic Private in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 10.5% | — |
| 2010 | 19.9% | +89.6% |
| 2012 | 26.9% | +35.6% |
| 2014 | 13.7% | -49.3% |
| 2018 | 24.7% | +80.6% |
| 2020 | 35.6% | +44.4% |
Vietnam compared with similar countries
- Vietnam's 35.6% is above the median for upper middle income countries, which is 25.2%, 1.4× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.5% | 10.5% | 10.5% | 1 |
| 2010s | 21.3% | 13.7% | 26.9% | 4 |
| 2020s | 35.6% | 35.6% | 35.6% | 1 |
Countries ranked near Vietnam
- 4 Dominican Republic 37.6% compare
- 5 Moldova 37.5% compare
- 6 Kyrgyzstan 35.7% compare
- 8 Costa Rica 34.8% compare
- 9 Sri Lanka 32.5% compare
- 10 Honduras 31.9% 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) (%) - domestic private in Vietnam?
- Adequacy of benefits in 1st quintile (poorest) (%) - domestic private in Vietnam was 35.6% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 1st quintile (poorest) (%) - domestic private recorded in Vietnam?
- The highest recorded value was 35.6% in 2020.
- What is the lowest adequacy of benefits in 1st quintile (poorest) (%) - domestic private recorded in Vietnam?
- The lowest recorded value was 10.5% in 2006.
- How does Vietnam rank for adequacy of benefits in 1st quintile (poorest) (%) - domestic private?
- Vietnam ranks 7th out of 31 countries with data for 2020.
- Is adequacy of benefits in 1st quintile (poorest) (%) - domestic private rising or falling in Vietnam?
- Over the last ten years it is up 79.3%. 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) (%) - Domestic Private Transfers. 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