Adequacy of social protection and labor programs (% of total welfare) in Vietnam
Vietnam: Adequacy of social protection and labor programs (% of total welfare) was 13.6% in 2020. ▼ Falling
Adequacy of social protection and labor programs in Vietnam, 2006–2020
Source: ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB). Measured in % of total welfare of beneficiary households.
Analysis
In 2020, adequacy of social protection and labor programs in Vietnam stood at 13.6%.
The figure is up 24.5% on the previous year and down 18.9% over ten years.
Over the whole period, adequacy of social protection and labor programs in Vietnam peaked at 26.3% in 2006 and was at its lowest, 10.9%, in 2018.
That places Vietnam 30th out of 37 countries with data for 2020, putting it in the bottom quarter.
Adequacy of social protection and labor programs (% of total welfare) in Vietnam, year by year
| Year | % of total welfare of beneficiary households | Change |
|---|---|---|
| 2006 | 26.3% | — |
| 2010 | 16.7% | -36.4% |
| 2012 | 19.9% | +18.7% |
| 2014 | 22.5% | +13.3% |
| 2018 | 10.9% | -51.6% |
| 2020 | 13.6% | +24.5% |
Vietnam compared with similar countries
- Vietnam's 13.6% is below the median for upper middle income countries, which is 32.2%, 42% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.3% | 26.3% | 26.3% | 1 |
| 2010s | 17.5% | 10.9% | 22.5% | 4 |
| 2020s | 13.6% | 13.6% | 13.6% | 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 social protection and labor programs in Vietnam?
- Adequacy of social protection and labor programs in Vietnam was 13.6% in 2020, according to ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB).
- What is the highest adequacy of social protection and labor programs recorded in Vietnam?
- The highest recorded value was 26.3% in 2006.
- What is the lowest adequacy of social protection and labor programs recorded in Vietnam?
- The lowest recorded value was 10.9% in 2018.
- How does Vietnam rank for adequacy of social protection and labor programs?
- Vietnam ranks 30th out of 37 countries with data for 2020.
- Is adequacy of social protection and labor programs rising or falling in Vietnam?
- Over the last ten years it is down 18.9%. The long-run trend across the full record is falling.
- Where does this Vietnam data come from?
- The figures come from ASPIRE: The Atlas of Social Protection - Indicators of Resilience and Equity, World Bank (WB), published as part of Adequacy of social protection and labor programs (% of total welfare of beneficiary households). Statizoid updates them automatically from the source API.
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About this data
Adequacy of social protection and labor programs (SPL) is measured by the total transfer amount received by the population participating in social insurance, social safety net, and unemployment benefits and active labor market programs as a share of their total welfare. Welfare is defined as the total income or total expenditure of beneficiary households. Estimates include both direct and indirect beneficiaries.