Benefits incidence in 2nd quintile (%) - All Social Insurance -urban in Vietnam
Vietnam: Benefits incidence in 2nd quintile (%) - All Social Insurance -urban was 9.2% in 2020. ▲ Rising
Benefits incidence in 2nd quintile (%) - All Social Insurance -urban in Vietnam, 2006–2020
Source: ASPIRE.
Analysis
The most recent figure for benefits incidence in 2nd quintile (%) - all social insurance -urban in Vietnam is 9.2%, measured in 2020. That is the lowest value across all 6 years on record.
That represents a change of down 58.2% on the previous year and down 2.3% over ten years.
Over the whole period, benefits incidence in 2nd quintile (%) - all social insurance -urban in Vietnam peaked at 22.0% in 2018 and was at its lowest, 9.2%, in 2020.
Vietnam ranks 15th of 34 countries on this measure, in the middle of the range.
Benefits incidence in 2nd quintile (%) - All Social Insurance -urban in Vietnam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 10.1% | — |
| 2010 | 9.4% | -7.3% |
| 2012 | 11.6% | +23.2% |
| 2014 | 11.0% | -5.3% |
| 2018 | 22.0% | +100.2% |
| 2020 | 9.2% | -58.2% |
Vietnam compared with similar countries
- Vietnam's 9.2% is above the median for upper middle income countries, which is 7.9%, 1.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.1% | 10.1% | 10.1% | 1 |
| 2010s | 13.5% | 9.4% | 22.0% | 4 |
| 2020s | 9.2% | 9.2% | 9.2% | 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 benefits incidence in 2nd quintile (%) - all social insurance -urban in Vietnam?
- Benefits incidence in 2nd quintile (%) - all social insurance -urban in Vietnam was 9.2% in 2020, according to ASPIRE.
- What is the highest benefits incidence in 2nd quintile (%) - all social insurance -urban recorded in Vietnam?
- The highest recorded value was 22.0% in 2018.
- What is the lowest benefits incidence in 2nd quintile (%) - all social insurance -urban recorded in Vietnam?
- The lowest recorded value was 9.2% in 2020.
- How does Vietnam rank for benefits incidence in 2nd quintile (%) - all social insurance -urban?
- Vietnam ranks 15th out of 34 countries with data for 2020.
- Is benefits incidence in 2nd quintile (%) - all social insurance -urban rising or falling in Vietnam?
- Over the last ten years it is down 2.3%. 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 Benefits incidence in 2nd quintile (%) - All Social Insurance -urban. Statizoid updates them automatically from the source API.
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About this data
Percentage of benefits going to the second quintile relative to the total benefits going to the population