Adequacy of benefits: All Social Insurance … 5th Insurance Social in Vietnam
Vietnam: Adequacy of benefits: All Social Insurance … 5th Insurance Social was 25.7% in 2020. ▲ Rising
Adequacy of benefits in 5th quintile (richest) (%) - All Social in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, adequacy of benefits in 5th quintile (richest) (%) - all social in Vietnam stood at 25.7%. That is the highest value across all 6 years on record.
That represents a change of up 20.4% on the previous year and up 30.0% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - all social in Vietnam peaked at 25.7% in 2020 and was at its lowest, 19.8%, in 2010.
That places Vietnam 29th out of 34 countries with data for 2020, putting it in the bottom quarter.
Adequacy of benefits: All Social Insurance … 5th Insurance Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 23.8% | — |
| 2010 | 19.8% | -16.8% |
| 2012 | 21.3% | +7.6% |
| 2014 | 23.0% | +8.0% |
| 2018 | 21.4% | -7.0% |
| 2020 | 25.7% | +20.4% |
Vietnam compared with similar countries
- Vietnam's 25.7% is below the median for upper middle income countries, which is 38.7%, 66% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.8% | 23.8% | 23.8% | 1 |
| 2010s | 21.4% | 19.8% | 23.0% | 4 |
| 2020s | 25.7% | 25.7% | 25.7% | 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 5th quintile (richest) (%) - all social in Vietnam?
- Adequacy of benefits in 5th quintile (richest) (%) - all social in Vietnam was 25.7% in 2020, according to ASPIRE.
- What is the highest adequacy of benefits in 5th quintile (richest) (%) - all social recorded in Vietnam?
- The highest recorded value was 25.7% in 2020.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - all social recorded in Vietnam?
- The lowest recorded value was 19.8% in 2010.
- How does Vietnam rank for adequacy of benefits in 5th quintile (richest) (%) - all social?
- Vietnam ranks 29th out of 34 countries with data for 2020.
- Is adequacy of benefits in 5th quintile (richest) (%) - all social rising or falling in Vietnam?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 5th quintile (richest) (%) - All Social Insurance. 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