Benefit-cost ratio: All Social Protection … rural Protection in Vietnam
Vietnam: Benefit-cost ratio: All Social Protection … rural Protection was 0.2626 in 2020. ▲ Rising
Benefit-cost ratio - All Social Protection and Labor -1st quintile in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for benefit-cost ratio - all social protection and labor -1st quintile in Vietnam is 0.2626, measured in 2020. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 11.4% on the previous year and up 55.2% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor -1st quintile in Vietnam peaked at 0.2626 in 2020 and was at its lowest, 0.1692, in 2010.
Vietnam ranks 17th of 36 countries on this measure, in the middle of the range.
Benefit-cost ratio: All Social Protection … rural Protection in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.2377 | — |
| 2010 | 0.1692 | -28.8% |
| 2012 | 0.2142 | +26.6% |
| 2014 | 0.2307 | +7.7% |
| 2018 | 0.2356 | +2.2% |
| 2020 | 0.2626 | +11.4% |
Vietnam compared with similar countries
- Vietnam's 0.2626 is above the median for upper middle income countries, which is 0.2366, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2377 | 0.2377 | 0.2377 | 1 |
| 2010s | 0.2124 | 0.1692 | 0.2356 | 4 |
| 2020s | 0.2626 | 0.2626 | 0.2626 | 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 benefit-cost ratio - all social protection and labor -1st quintile in Vietnam?
- Benefit-cost ratio - all social protection and labor -1st quintile in Vietnam was 0.2626 in 2020, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor -1st quintile recorded in Vietnam?
- The highest recorded value was 0.2626 in 2020.
- What is the lowest benefit-cost ratio - all social protection and labor -1st quintile recorded in Vietnam?
- The lowest recorded value was 0.1692 in 2010.
- How does Vietnam rank for benefit-cost ratio - all social protection and labor -1st quintile?
- Vietnam ranks 17th out of 36 countries with data for 2020.
- Is benefit-cost ratio - all social protection and labor -1st quintile rising or falling in Vietnam?
- Over the last ten years it is up 55.2%. 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 Benefit-cost ratio - All Social Protection and Labor -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction obtained for each $1 spent in SPL programs (%)