Benefit-cost ratio - All Social Insurance -extreme poor in Viet Nam
Viet Nam: Benefit-cost ratio - All Social Insurance -extreme poor was 0.0185 <$2.15 a day in 2020. ◆ Volatile
Benefit-cost ratio - All Social Insurance -extreme poor in Viet Nam, 2006–2020
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
In 2020, benefit-cost ratio - all social insurance -extreme poor in Viet Nam stood at 0.0185 <$2.15 a day. That is the lowest value across all 6 years on record.
The figure is down 1.8% on the previous year and down 44.1% over ten years.
Over the whole period, benefit-cost ratio - all social insurance -extreme poor in Viet Nam peaked at 0.1006 <$2.15 a day in 2006 and was at its lowest, 0.0185 <$2.15 a day, in 2020.
That places Viet Nam 19th out of 34 countries with data for 2020, putting it in the middle of the range.
Benefit-cost ratio - All Social Insurance -extreme poor in Viet Nam, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2006 | 0.1006 <$2.15 a day | — |
| 2010 | 0.033 <$2.15 a day | -67.2% |
| 2012 | 0.04 <$2.15 a day | +21.0% |
| 2014 | 0.0325 <$2.15 a day | -18.8% |
| 2018 | 0.0188 <$2.15 a day | -42.1% |
| 2020 | 0.0185 <$2.15 a day | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1006 <$2.15 a day | 0.1006 <$2.15 a day | 0.1006 <$2.15 a day | 1 |
| 2010s | 0.0311 <$2.15 a day | 0.0188 <$2.15 a day | 0.04 <$2.15 a day | 4 |
| 2020s | 0.0185 <$2.15 a day | 0.0185 <$2.15 a day | 0.0185 <$2.15 a day | 1 |
Countries ranked near Viet Nam
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 benefit-cost ratio - all social insurance -extreme poor in Viet Nam?
- Benefit-cost ratio - all social insurance -extreme poor in Viet Nam was 0.0185 <$2.15 a day in 2020, according to ASPIRE.
- What is the highest benefit-cost ratio - all social insurance -extreme poor recorded in Viet Nam?
- The highest recorded value was 0.1006 <$2.15 a day in 2006.
- What is the lowest benefit-cost ratio - all social insurance -extreme poor recorded in Viet Nam?
- The lowest recorded value was 0.0185 <$2.15 a day in 2020.
- How does Viet Nam rank for benefit-cost ratio - all social insurance -extreme poor?
- Viet Nam ranks 19th out of 34 countries with data for 2020.
- Is benefit-cost ratio - all social insurance -extreme poor rising or falling in Viet Nam?
- Over the last ten years it is down 44.1%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Insurance -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction obtained for each $1 spent in Social Insurance programs (%)