Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Viet Nam
Viet Nam: Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural was 41.2% in 2020. ▼ Falling
Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 4th quintile (%) - all social insurance -rural in Viet Nam stood at 41.2%.
Compared with earlier readings it is up 48.1% on the previous year and down 8.5% over ten years.
Over the whole period, adequacy of benefits in 4th quintile (%) - all social insurance -rural in Viet Nam peaked at 50.0% in 2006 and was at its lowest, 27.8%, in 2018.
Viet Nam ranks 17th of 31 countries on this measure, in the middle of the range.
Adequacy of benefits in 4th quintile (%) - All Social Insurance -rural in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 50.0% | — |
| 2010 | 45.0% | -9.9% |
| 2012 | 42.9% | -4.6% |
| 2014 | 49.7% | +15.8% |
| 2018 | 27.8% | -44.1% |
| 2020 | 41.2% | +48.1% |
Viet Nam compared with similar countries
- Viet Nam's 41.2% is below the median for upper middle income countries, which is 43.4%, 95% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.0% | 50.0% | 50.0% | 1 |
| 2010s | 41.4% | 27.8% | 49.7% | 4 |
| 2020s | 41.2% | 41.2% | 41.2% | 1 |
Countries ranked near Viet Nam
- 14 Dominican Republic 43.2% compare
- 15 Serbia 42.3% compare
- 16 Chile 42.1% compare
- 18 Costa Rica 41.2% compare
- 19 Kyrgyzstan 40.0% compare
- 20 Peru 39.4% 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 4th quintile (%) - all social insurance -rural in Viet Nam?
- Adequacy of benefits in 4th quintile (%) - all social insurance -rural in Viet Nam was 41.2% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 4th quintile (%) - all social insurance -rural recorded in Viet Nam?
- The highest recorded value was 50.0% in 2006.
- What is the lowest adequacy of benefits in 4th quintile (%) - all social insurance -rural recorded in Viet Nam?
- The lowest recorded value was 27.8% in 2018.
- How does Viet Nam rank for adequacy of benefits in 4th quintile (%) - all social insurance -rural?
- Viet Nam ranks 17th out of 31 countries with data for 2020.
- Is adequacy of benefits in 4th quintile (%) - all social insurance -rural rising or falling in Viet Nam?
- Over the last ten years it is down 8.5%. 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 4th quintile (%) - All Social Insurance -rural. 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