Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Viet Nam
Viet Nam: Benefit-cost ratio - All Social Protection and Labor - 1st quintile was 0.2268 in 2020. ▲ Rising
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for benefit-cost ratio - all social protection and labor - 1st quintile in Viet Nam is 0.2268, measured in 2020. That is the highest value across all 6 years on record.
That represents a change of up 41.1% on the previous year and up 54.1% over ten years.
Over the whole period, benefit-cost ratio - all social protection and labor - 1st quintile in Viet Nam peaked at 0.2268 in 2020 and was at its lowest, 0.1472, in 2010.
That places Viet Nam 16th out of 36 countries with data for 2020, putting it in the middle of the range.
Benefit-cost ratio - All Social Protection and Labor - 1st quintile in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.1664 | — |
| 2010 | 0.1472 | -11.5% |
| 2012 | 0.1525 | +3.6% |
| 2014 | 0.1597 | +4.7% |
| 2018 | 0.1607 | +0.6% |
| 2020 | 0.2268 | +41.1% |
Viet Nam compared with similar countries
- Viet Nam's 0.2268 is above the median for upper middle income countries, which is 0.205, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1664 | 0.1664 | 0.1664 | 1 |
| 2010s | 0.155 | 0.1472 | 0.1607 | 4 |
| 2020s | 0.2268 | 0.2268 | 0.2268 | 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 protection and labor - 1st quintile in Viet Nam?
- Benefit-cost ratio - all social protection and labor - 1st quintile in Viet Nam was 0.2268 in 2020, according to ASPIRE.
- What is the highest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Viet Nam?
- The highest recorded value was 0.2268 in 2020.
- What is the lowest benefit-cost ratio - all social protection and labor - 1st quintile recorded in Viet Nam?
- The lowest recorded value was 0.1472 in 2010.
- How does Viet Nam rank for benefit-cost ratio - all social protection and labor - 1st quintile?
- Viet Nam ranks 16th out of 36 countries with data for 2020.
- Is benefit-cost ratio - all social protection and labor - 1st quintile rising or falling in Viet Nam?
- Over the last ten years it is up 54.1%. The long-run trend across the full record is rising.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Benefit-cost ratio - All Social Protection and Labor - 1st quintile (poorest) -urban. 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 (%)