Adequacy of benefits in 5th quintile … 5th Protection Labor Social in Vietnam
Vietnam: Adequacy of benefits in 5th quintile … 5th Protection Labor Social was 11.7% in 2020. ▼ Falling
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 11.7%.
The figure is up 12.4% on the previous year and down 27.2% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) -all social in Vietnam peaked at 22.1% in 2014 and was at its lowest, 10.4%, in 2018.
Vietnam ranks 33rd of 37 countries on this measure, in the bottom quarter.
Adequacy of benefits in 5th quintile … 5th Protection Labor Social in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 20.9% | — |
| 2010 | 16.1% | -22.7% |
| 2012 | 20.4% | +26.6% |
| 2014 | 22.1% | +8.1% |
| 2018 | 10.4% | -52.7% |
| 2020 | 11.7% | +12.4% |
Vietnam compared with similar countries
- Vietnam's 11.7% is below the median for upper middle income countries, which is 32.6%, 36% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.9% | 20.9% | 20.9% | 1 |
| 2010s | 17.3% | 10.4% | 22.1% | 4 |
| 2020s | 11.7% | 11.7% | 11.7% | 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 11.7% 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 22.1% in 2014.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) -all social recorded in Vietnam?
- The lowest recorded value was 10.4% in 2018.
- How does Vietnam rank for adequacy of benefits in 5th quintile (richest) (%) -all social?
- Vietnam ranks 33rd 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 27.2%. 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. 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