Adequacy of benefits in 2nd quintile … 2nd Protection Labor Social in Vietnam
Vietnam: Adequacy of benefits in 2nd quintile … 2nd Protection Labor Social was 16.6% 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 16.6%.
Compared with earlier readings it is up 63.3% on the previous year and up 4.9% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) -all social protection and in Vietnam peaked at 34.5% in 2006 and was at its lowest, 10.2%, in 2018.
That places Vietnam 26th out of 37 countries with data for 2020, putting it in the middle of the range.
Adequacy of benefits in 2nd quintile … 2nd Protection Labor Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 34.5% | — |
| 2010 | 15.8% | -54.1% |
| 2012 | 14.2% | -10.6% |
| 2014 | 16.5% | +16.2% |
| 2018 | 10.2% | -38.2% |
| 2020 | 16.6% | +63.3% |
Vietnam compared with similar countries
- Vietnam's 16.6% is below the median for upper middle income countries, which is 31.4%, 53% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.5% | 34.5% | 34.5% | 1 |
| 2010s | 14.2% | 10.2% | 16.5% | 4 |
| 2020s | 16.6% | 16.6% | 16.6% | 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 16.6% 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 34.5% in 2006.
- What is the lowest adequacy of benefits in 2nd quintile (%) -all social protection and recorded in Vietnam?
- The lowest recorded value was 10.2% in 2018.
- How does Vietnam rank for adequacy of benefits in 2nd quintile (%) -all social protection and?
- Vietnam ranks 26th out of 37 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 up 4.9%. 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. 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