Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Vietnam
Vietnam: Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers was 59.0% in 2020. ◆ Volatile
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Vietnam stood at 59.0%. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 237.5% on the previous year and up 135.6% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - domestic private transfers in Vietnam peaked at 59.0% in 2020 and was at its lowest, 10.1%, in 2006.
That places Vietnam 2nd out of 31 countries with data for 2020, putting it in the top 10%.
Adequacy of benefits in 2nd quintile (%) - Domestic Private Transfers in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 10.1% | — |
| 2010 | 25.0% | +148.3% |
| 2012 | 25.5% | +1.8% |
| 2014 | 28.3% | +11.0% |
| 2018 | 17.5% | -38.2% |
| 2020 | 59.0% | +237.5% |
Vietnam compared with similar countries
- Vietnam's 59.0% is above the median for upper middle income countries, which is 20.3%, 2.9× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.1% | 10.1% | 10.1% | 1 |
| 2010s | 24.1% | 17.5% | 28.3% | 4 |
| 2020s | 59.0% | 59.0% | 59.0% | 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 59.0% 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 59.0% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - domestic private transfers recorded in Vietnam?
- The lowest recorded value was 10.1% 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 135.6%. 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. 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