Adequacy of benefits in 2nd quintile (%) … 2nd Protection Labor urban in Vietnam
Vietnam: Adequacy of benefits in 2nd quintile (%) … 2nd Protection Labor urban was 13.4% in 2020. ▼ Falling
Adequacy of benefits in 2nd quintile (%) -All Social Protection and in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 2nd quintile (%) -all social protection and in Vietnam stood at 13.4%. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 17.2% on the previous year and down 33.0% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) -all social protection and in Vietnam peaked at 40.4% in 2014 and was at its lowest, 13.4%, in 2020.
That places Vietnam 28th out of 36 countries with data for 2020, putting it in the bottom quarter.
Adequacy of benefits in 2nd quintile (%) … 2nd Protection Labor urban in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 30.3% | — |
| 2010 | 20.0% | -34.0% |
| 2012 | 31.5% | +57.4% |
| 2014 | 40.4% | +28.3% |
| 2018 | 16.2% | -60.0% |
| 2020 | 13.4% | -17.2% |
Vietnam compared with similar countries
- Vietnam's 13.4% is below the median for upper middle income countries, which is 34.1%, 39% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.3% | 30.3% | 30.3% | 1 |
| 2010s | 27.0% | 16.2% | 40.4% | 4 |
| 2020s | 13.4% | 13.4% | 13.4% | 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 protection and in Vietnam?
- Adequacy of benefits in 2nd quintile (%) -all social protection and in Vietnam was 13.4% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) -all social protection and recorded in Vietnam?
- The highest recorded value was 40.4% in 2014.
- What is the lowest adequacy of benefits in 2nd quintile (%) -all social protection and recorded in Vietnam?
- The lowest recorded value was 13.4% in 2020.
- How does Vietnam rank for adequacy of benefits in 2nd quintile (%) -all social protection and?
- Vietnam ranks 28th out of 36 countries with data for 2020.
- Is adequacy of benefits in 2nd quintile (%) -all social protection and rising or falling in Vietnam?
- Over the last ten years it is down 33.0%. 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 Protection and Labor -urban. 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