Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Vietnam
Vietnam: Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban was 42.7% in 2020. ▲ Rising
Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Vietnam stood at 42.7%.
The figure is down 2.3% on the previous year and up 7.2% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Vietnam peaked at 44.0% in 2014 and was at its lowest, 37.0%, in 2006.
That places Vietnam 18th out of 34 countries with data for 2020, putting it in the middle of the range.
Adequacy of benefits in 2nd quintile (%) - All Social Insurance -urban in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 37.0% | — |
| 2010 | 39.9% | +7.9% |
| 2012 | 38.9% | -2.4% |
| 2014 | 44.0% | +13.1% |
| 2018 | 43.8% | -0.5% |
| 2020 | 42.7% | -2.3% |
Vietnam compared with similar countries
- Vietnam's 42.7% is below the median for upper middle income countries, which is 49.0%, 87% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.0% | 37.0% | 37.0% | 1 |
| 2010s | 41.6% | 38.9% | 44.0% | 4 |
| 2020s | 42.7% | 42.7% | 42.7% | 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 2nd quintile (%) - all social insurance -urban in Vietnam?
- Adequacy of benefits in 2nd quintile (%) - all social insurance -urban in Vietnam was 42.7% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - all social insurance -urban recorded in Vietnam?
- The highest recorded value was 44.0% in 2014.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social insurance -urban recorded in Vietnam?
- The lowest recorded value was 37.0% in 2006.
- How does Vietnam rank for adequacy of benefits in 2nd quintile (%) - all social insurance -urban?
- Vietnam ranks 18th out of 34 countries with data for 2020.
- Is adequacy of benefits in 2nd quintile (%) - all social insurance -urban rising or falling in Vietnam?
- Over the last ten years it is up 7.2%. 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 2nd quintile (%) - 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