Adequacy of benefits: Domestic Private Transfers … 2nd Domestic preT in Vietnam
Vietnam: Adequacy of benefits: Domestic Private Transfers … 2nd Domestic preT was 53.0% in 2020. ◆ Volatile
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Vietnam, 2006–2020
Source: ASPIRE. Measured in preT.
Analysis
Vietnam recorded 53.0% for adequacy of benefits in 2nd quintile (%) - domestic private transfers in 2020. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 270.9% on the previous year and up 161.6% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Vietnam peaked at 53.0% in 2020 and was at its lowest, 9.8%, in 2006.
That places Vietnam 2nd out of 31 countries with data for 2020, putting it in the top 10%.
Adequacy of benefits: Domestic Private Transfers … 2nd Domestic preT in Vietnam, year by year
| Year | preT | Change |
|---|---|---|
| 2006 | 9.8% | — |
| 2010 | 20.3% | +107.7% |
| 2012 | 27.5% | +35.6% |
| 2014 | 30.3% | +10.3% |
| 2018 | 14.3% | -52.8% |
| 2020 | 53.0% | +270.9% |
Vietnam compared with similar countries
- Vietnam's 53.0% is above the median for upper middle income countries, which is 19.9%, 2.7× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.8% | 9.8% | 9.8% | 1 |
| 2010s | 23.1% | 14.3% | 30.3% | 4 |
| 2020s | 53.0% | 53.0% | 53.0% | 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 (%) - domestic private transfers in Vietnam?
- Adequacy of benefits in 2nd quintile (%) - domestic private transfers in Vietnam was 53.0% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Vietnam?
- The highest recorded value was 53.0% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Vietnam?
- The lowest recorded value was 9.8% in 2006.
- How does Vietnam rank for adequacy of benefits in 2nd quintile (%) - domestic private transfers?
- Vietnam ranks 2nd out of 31 countries with data for 2020.
- Is adequacy of benefits in 2nd quintile (%) - domestic private transfers rising or falling in Vietnam?
- Over the last ten years it is up 161.6%. The long-run trend across the full record is volatile.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers (preT). 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