Adequacy of benefits in 2nd quintile (%) - All Social Insurance (2nd) in Vietnam
Vietnam: Adequacy of benefits in 2nd quintile (%) - All Social Insurance (2nd) was 52.5% in 2020. ▼ Falling
Adequacy of benefits in 2nd quintile (%) - All Social Insurance in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 2nd quintile (%) - all social insurance in Vietnam is 52.5%, measured in 2020.
That represents a change of up 41.0% on the previous year and up 2.4% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - all social insurance in Vietnam peaked at 58.7% in 2006 and was at its lowest, 37.2%, in 2018.
Vietnam ranks 14th of 34 countries on this measure, in the middle of the range.
Adequacy of benefits in 2nd quintile (%) - All Social Insurance (2nd) in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 58.7% | — |
| 2010 | 51.3% | -12.7% |
| 2012 | 51.6% | +0.7% |
| 2014 | 51.3% | -0.6% |
| 2018 | 37.2% | -27.4% |
| 2020 | 52.5% | +41.0% |
Vietnam compared with similar countries
- Vietnam's 52.5% is above the median for upper middle income countries, which is 51.5%, 1.0× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.7% | 58.7% | 58.7% | 1 |
| 2010s | 47.9% | 37.2% | 51.6% | 4 |
| 2020s | 52.5% | 52.5% | 52.5% | 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 in Vietnam?
- Adequacy of benefits in 2nd quintile (%) - all social insurance in Vietnam was 52.5% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - all social insurance recorded in Vietnam?
- The highest recorded value was 58.7% in 2006.
- What is the lowest adequacy of benefits in 2nd quintile (%) - all social insurance recorded in Vietnam?
- The lowest recorded value was 37.2% in 2018.
- How does Vietnam rank for adequacy of benefits in 2nd quintile (%) - all social insurance?
- Vietnam ranks 14th out of 34 countries with data for 2020.
- Is adequacy of benefits in 2nd quintile (%) - all social insurance rising or falling in Vietnam?
- Over the last ten years it is up 2.4%. 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 2nd quintile (%) - 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