Adequacy of benefits in 2nd quintile (%) - International Private in Viet Nam
Viet Nam: Adequacy of benefits in 2nd quintile (%) - International Private was 91.9% in 2020. ▬ Flat
Adequacy of benefits in 2nd quintile (%) - International Private in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
Viet Nam recorded 91.9% for adequacy of benefits in 2nd quintile (%) - international private in 2020. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 462.7% on the previous year and up 105.7% over ten years.
Over the whole period, adequacy of benefits in 2nd quintile (%) - international private in Viet Nam peaked at 91.9% in 2020 and was at its lowest, 16.3%, in 2018.
That places Viet Nam 3rd out of 27 countries with data for 2020, putting it in the top 10%.
Adequacy of benefits in 2nd quintile (%) - International Private in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 67.5% | — |
| 2010 | 44.7% | -33.8% |
| 2012 | 37.8% | -15.5% |
| 2014 | 41.8% | +10.8% |
| 2018 | 16.3% | -60.9% |
| 2020 | 91.9% | +462.7% |
Viet Nam compared with similar countries
- Viet Nam's 91.9% is above the median for upper middle income countries, which is 43.0%, 2.1× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.5% | 67.5% | 67.5% | 1 |
| 2010s | 35.2% | 16.3% | 44.7% | 4 |
| 2020s | 91.9% | 91.9% | 91.9% | 1 |
Countries ranked near Viet Nam
- 1 Poland 29,247.7% compare
- 2 Armenia 92.4% compare
- 4 Kyrgyzstan 83.8% compare
- 5 Republic of Moldova 71.5% compare
- 6 Georgia 61.4% compare
More work & labour data for Viet Nam
- 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 (%) - international private in Viet Nam?
- Adequacy of benefits in 2nd quintile (%) - international private in Viet Nam was 91.9% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 2nd quintile (%) - international private recorded in Viet Nam?
- The highest recorded value was 91.9% in 2020.
- What is the lowest adequacy of benefits in 2nd quintile (%) - international private recorded in Viet Nam?
- The lowest recorded value was 16.3% in 2018.
- How does Viet Nam rank for adequacy of benefits in 2nd quintile (%) - international private?
- Viet Nam ranks 3rd out of 27 countries with data for 2020.
- Is adequacy of benefits in 2nd quintile (%) - international private rising or falling in Viet Nam?
- Over the last ten years it is up 105.7%. The long-run trend across the full record is flat.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 2nd quintile (%) - International Private Transfers. Statizoid updates them automatically from the source API.
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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