Adequacy of benefits in 5th quintile (richest) (%) -All Social in Vietnam
Vietnam: Adequacy of benefits in 5th quintile (richest) (%) -All Social was 7.7% in 2020. ▼ Falling
Adequacy of benefits in 5th quintile (richest) (%) -All Social in Vietnam, 2006–2020
Source: ASPIRE. Measured in preT.
Analysis
The most recent figure for adequacy of benefits in 5th quintile (richest) (%) -all social in Vietnam is 7.7%, measured in 2020.
Compared with earlier readings it is up 1.8% on the previous year and down 38.0% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) -all social in Vietnam peaked at 18.2% in 2014 and was at its lowest, 7.6%, in 2018.
Vietnam ranks 35th of 37 countries on this measure, in the bottom quarter.
Adequacy of benefits in 5th quintile (richest) (%) -All Social in Vietnam, year by year
| Year | preT | Change |
|---|---|---|
| 2006 | 17.5% | — |
| 2010 | 12.5% | -28.5% |
| 2012 | 16.9% | +35.4% |
| 2014 | 18.2% | +7.7% |
| 2018 | 7.6% | -58.3% |
| 2020 | 7.7% | +1.8% |
Vietnam compared with similar countries
- Vietnam's 7.7% is below the median for upper middle income countries, which is 21.8%, 35% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.5% | 17.5% | 17.5% | 1 |
| 2010s | 13.8% | 7.6% | 18.2% | 4 |
| 2020s | 7.7% | 7.7% | 7.7% | 1 |
Countries ranked near Vietnam
- 32 Dominican Republic 12.9% compare
- 33 Peru 9.3% compare
- 34 Bolivia 8.3% compare
- 36 El Salvador 5.9% compare
- 37 Indonesia 3.5% compare
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 7.7% 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 18.2% in 2014.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) -all social recorded in Vietnam?
- The lowest recorded value was 7.6% in 2018.
- How does Vietnam rank for adequacy of benefits in 5th quintile (richest) (%) -all social?
- Vietnam ranks 35th out of 37 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 down 38.0%. The long-run trend across the full record is falling.
- 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 Protection and Labor (preT). 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