Adequacy of benefits in 3rd quintile (%) - All Social Insurance -urban in Viet Nam
Viet Nam: Adequacy of benefits in 3rd quintile (%) - All Social Insurance -urban was 36.2% in 2020. ▼ Falling
Adequacy of benefits in 3rd quintile (%) - All Social Insurance -urban in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
Viet Nam recorded 36.2% for adequacy of benefits in 3rd quintile (%) - all social insurance -urban in 2020. That is the highest value across all 6 years on record.
That represents a change of up 65.6% on the previous year and up 5.9% over ten years.
Over the whole period, adequacy of benefits in 3rd quintile (%) - all social insurance -urban in Viet Nam peaked at 36.2% in 2020 and was at its lowest, 21.8%, in 2018.
That places Viet Nam 22nd out of 34 countries with data for 2020, putting it in the middle of the range.
Adequacy of benefits in 3rd quintile (%) - All Social Insurance -urban in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 32.5% | — |
| 2010 | 34.2% | +5.1% |
| 2012 | 34.6% | +1.4% |
| 2014 | 35.6% | +2.8% |
| 2018 | 21.8% | -38.7% |
| 2020 | 36.2% | +65.6% |
Viet Nam compared with similar countries
- Viet Nam's 36.2% is below the median for upper middle income countries, which is 43.6%, 83% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.5% | 32.5% | 32.5% | 1 |
| 2010s | 31.6% | 21.8% | 35.6% | 4 |
| 2020s | 36.2% | 36.2% | 36.2% | 1 |
Countries ranked near Viet Nam
- 19 Bolivia, Plurinational State of 39.6% compare
- 20 Pakistan 38.2% compare
- 21 Dominican Republic 37.9% compare
- 23 Honduras 36.1% compare
- 24 Costa Rica 35.3% compare
- 25 Chile 33.5% 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 3rd quintile (%) - all social insurance -urban in Viet Nam?
- Adequacy of benefits in 3rd quintile (%) - all social insurance -urban in Viet Nam was 36.2% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 3rd quintile (%) - all social insurance -urban recorded in Viet Nam?
- The highest recorded value was 36.2% in 2020.
- What is the lowest adequacy of benefits in 3rd quintile (%) - all social insurance -urban recorded in Viet Nam?
- The lowest recorded value was 21.8% in 2018.
- How does Viet Nam rank for adequacy of benefits in 3rd quintile (%) - all social insurance -urban?
- Viet Nam ranks 22nd out of 34 countries with data for 2020.
- Is adequacy of benefits in 3rd quintile (%) - all social insurance -urban rising or falling in Viet Nam?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is falling.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 3rd quintile (%) - All Social Insurance -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